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Originally known as Casa Stratmann, this coastal beach house is one of a handful of homes on the ocean side of Atlantic View with a unique half-basement. This home seamlessly blends mid-century modern aesthetics with contemporary design elements, creating a space that is both sophisticated and eclectic. Upstairs is a family room overlooking the ocean, renovated kitchen, primary bedroom and bath, and office. Downstairs are two more bedrooms, 2nd kitchen, and a full bathroom. A large 2 car detached garage with workshop is to the east of the house. This 3 bedroom, 2 bathroom home sits on a 60X125 lot, just steps away from a county beach walk over. Located in the desirable Anastasia Hills, which is just outside the city limits. This means local attractions are very nearby, but beaches are less crowded and property taxes are lower. Also, this area has some of the highest elevations on the island and because of that, lenders do not require flood insurance.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,600,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,280,000 | $1,280,000 | $1,280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.865% | 6.792% |
Monthly Tax Payment | $643 | $643 | $643 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,881 | $8,302 | $11,238 |
Total Monthly Payment | $8,649 | $9,070 | $12,006 |
* 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.