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Welcome to 688 Ocean Palm Way, an extraordinary oceanfront retreat in the exclusive gated community of Sea Colony, offered beautifully furnished and thoughtfully designed by the renowned architectural team of Cronk Duch. Celebrated throughout Northeast Florida and the Caribbean for their distinctive coastal residences, Cronk and Duch are known for creating homes that blur the boundaries between indoors and out, capturing natural light, ocean vistas, and the effortless rhythm of seaside living. Perfectly positioned along the Atlantic Ocean, this contemporary Bermuda-inspired residence represents a rare opportunity to own one of Sea Colony's most architecturally significant homes. Walls of glass, expansive porches, private balconies, and inviting outdoor living spaces embrace the surrounding landscape, while a resort-style pool and spa and a stunning courtyard with an outdoor fireplace create memorable settings for both entertaining and quiet relaxation. Thoughtfully enhanced over the years, the home pairs enduring architecture with modern peace of mind, including PGT impact-rated windows and doors, a new roof, updated HVAC systems, new pool equipment, two tankless water heaters, filtered water system, and premium Ipe decking. Inside, every space has been curated with intention. warm toned oak flooring, custom lighting, and beautifully selected furnishings draw inspiration from the surrounding landscape, echoing the soft blues of the Atlantic, the warm tones of the dunes, and the lush greens of the native coastal vegetation. At the heart of the home, the kitchen is both functional and stunning—a gathering place designed for everyday living and effortless entertaining. Wolf and Sub-Zero appliances, custom inset cabinetry, handcrafted zellige tile, and a dramatic waterfall island combine timeless craftsmanship with contemporary sophistication. Throughout the residence, a series of thoughtfully designed spaces unfold, each offering its own connection to the coastal setting. A pecky cypress-clad study provides a warm and inviting retreat, while the oceanfront primary suite serves as a private sanctuary, complete with a spa-inspired bath and access to sweeping Atlantic views. Beautifully appointed guest suites offer comfort and privacy, while an inviting loft-style family room opens to an expansive oceanfront porch where sea breezes and endless horizons become part of daily life. Above, a third-floor fitness retreat captures panoramic views from a unique perch above the coastline. Across the private courtyard, a spacious studio apartment above the garage offers exceptional flexibility for guests, extended family, or a creative retreat of its own, complete with a kitchenette and multiple balconies. Life in Sea Colony is equally extraordinary. Behind the gates of one of Northeast Florida's most coveted oceanfront communities, residents enjoy 24-hour guarded security, four private beach walkovers, a community clubhouse and pool, and a lifestyle defined by natural beauty, privacy, and direct access to the Atlantic Ocean.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$4,450,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,560,000 | $3,560,000 | $3,560,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.267% | 6.259% | 6.203% |
| Monthly Tax Payment | $3,778 | $3,778 | $3,778 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $21,344 | $21,631 | $30,041 |
| Total Monthly Payment | $25,247 | $25,534 | $33,944 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.