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Coming Soon listing, no showings. Rare Butler Beach prime redevelopment opportunity on sought-after Atlantic View.
This 50'x150' (0. 14 acre) ocean-side parcel sits directly across from oceanfront homes and is just 15 yards from the beach walkover through the picturesque, protected dunes. Create a custom coastal residence in a quiet, established neighborhood of substantial beach homes. Build up to 3 stories to capture beautiful Atlantic Ocean views and refreshing sea breezes from multiple levels. The property has a County water meter in place and access to the County sewer line in the street, subject to customary connection requirements and costs. Atlantic View is one of the most sought-after streets on Anastasia Island -- a quiet, upscale residential enclave with no HOA, no CDD fees, no condo congestion, no commercial intrusion, and no short-term rental restrictions. Vacation rentals are permitted, creating exceptional flexibility for primary residence, second home, luxury spec build, or high income investment property. Bike the quiet neighborhood or cruise along the water's edge. Excellent surfing, pristine beach, and a relaxed, family-oriented residential character close at hand. The wide dunes provide protection from storms. All of this makes Atlantic View one of St. Augustine's hidden gems. A compelling opportunity to build near the beach in one of Anastasia Island's most appealing coastal settings with long-term investment potential.
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Our Executive Mortgage Banker:
Our Insurance Division:
$955,000
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 | $764,000 | $764,000 | $764,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.338% | 6.361% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,581 | $4,704 | $6,447 |
| Total Monthly Payment | $4,673 | $4,796 | $6,539 |
* 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.