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This Mediterranean-style, corner-unit condo at Spyglass offers extra square footage and additional natural light compared to interior units. Located just steps from Crescent Beach, this three-level property provides privacy with no neighbors above or below. The condo is sold fully furnished and ready for immediate use as a vacation home or rental. The ground floor features a two-car tandem garage, with the option to convert part of the space into a third bedroom. The second floor has an updated kitchen that opens to the living area, leading to a private balcony. The third floor includes a master suite and guest bedroom, each with their own bathroom. Spyglass is a 48-unit oceanfront community with private beach access, a swimming pool, and a tennis court. The HOA covers cable, water, master insurance, pest control, trash, sewer, and on-site management. Located in Crescent Beach, this property offers a quieter beachfront experience while still being 20 minutes from historic St. Augustine. Spyglass has completed its Structural Integrity Reserve Study (SIRS), and no issues were found. Recent exterior updates include a newer barrel tile roof, fresh stucco, and exterior paint, ensuring long-term stability for owners. With no upcoming assessments and major community updates completed, this unit is a strong choice for buyers looking for a stable, well-maintained beachfront property.
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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 | $431,920 | $431,920 | $431,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.109% | 7.166% | 6.268% |
Monthly Tax Payment | $395 | $395 | $395 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,766 | $2,871 | $3,642 |
Total Monthly Payment | $3,253 | $3,358 | $4,129 |
* 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.