1601 OCEAN Drive, #402, Jacksonville Beach, FL, 32250 | $749,000

Wake into breathtaking sunrises and unwind to the soothing sound of the waves from the expansive 60-foot wraparound balcony that defines this exceptional oceanfront residence. Floor-to-ceiling glass and four sliding glass doors seamlessly connect the interior to the spectacular Atlantic, filling the home with natural light and showcasing panoramic ocean views from every room.
This rare three-bedroom, two-bath residence offers an exceptional opportunity to create your own bespoke beachfront retreat. Lovingly maintained by its original owner, the condominium is a blank canvas ready to be transformed into a luxury coastal masterpiece. Two spacious bedrooms feature walk-in closets, while the generous floor plan offers endless possibilities for a stunning renovation.
Seascape has completed an impressive $8 million community transformation, with all special assessments fully paid by the seller. Enhancements include completion of all structural integrity and reserve requirements, a new roof, beautifully renovated balconies and exterior, redesigned landscaping, a state-of-the-art fitness center, refreshed pool deck with new furnishings, and extensive property improvements throughout. Residents enjoy an exceptional resort-style lifestyle with keyless building entry, two swimming pools (including one heated), a children's pool, sauna, fitness center, bike storage, private locker storage, on-site property management, assigned parking space #20, and HOA dues that include water, sewer, trash, building insurance, and exterior maintenance. Offered at an exceptional value, this residence presents one of the best opportunities on the beach. Fully renovated three-bedroom units of similar size have recently sold in the $900, 000s, making this an extraordinary chance to customize your dream oceanfront home while building immediate equity.

Features

  • Parking: Assigned, Guest
  • Heating: Central
  • Cooling: Electric
  • Amenities: Pool, Beach Access, Elevator(s), Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site
  • Bedrooms: 3
  • Baths: 2 full
  • Complex: Seascape Condo
  • Year Built: 1974
  • Common Charge: $1,658 Monthly
  • Approx Sq. Feet: 1,274
  • Acreage: 0.01
  • Est. Taxes: $2,950
  • View: Ocean
  • Water Front: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • MLS#: 2151682
  • Days on Market: 10 days
  • Website: https://www.raveis.com
    /prop/2151682/1601oceandrive_jacksonvillebeach_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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1601 OCEAN Drive, #402, Jacksonville Beach, FL, 32250

$749,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $599,200 $599,200 $599,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.424% 6.640% 5.972%
Monthly Tax Payment $246 $246 $246
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,641 $3,783 $4,976
Total Monthly Payment $3,979 $4,121 $5,314

* 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.