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Presented by![]() The Ken Banks Team |
Are you ready to LOVE WHERE YOU LIVE on Amelia Island? This ground-floor 2-bedroom, 2-bath condo at Ocean Place delivers stunning oceanfront views and unbeatable convenience—just a short stroll from the Ritz-Carlton Amelia Island. Inside, the open concept living area and spacious primary suite are filled with natural light, sounds of the waves and views of the Atlantic Ocean. The primary bath includes dual vanities, adding to the comfort and functionality of this serene retreat. From the living room or primary suite, access your ground level private patio. Spend your days lounging by one of two oceanfront pools or wandering down private dune walkovers to the beach. There's a dedicated outdoor storage space for all your beach gear, so your toes-in-the-sand moments are always just a few steps away. The HOA covers water, sewer, and garbage, making your lifestyle here as seamless as it is scenic. Pet-friendly for owners and rental-friendly, this condo also offers optional access to the Golf Club of Amelia Island, featuring world-class golf and upscale amenities. Whether you're looking for a forever home, a vacation escape, or a smart investment, Ocean Place delivers luxury, flexibility, and unforgettable viewswelcome to your oceanfront oasis. Exterior building renovations should be complete on this building the end of May. The home is Short Term Rentable making this a perfect 1031 exchange opportunity!
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Our Executive Mortgage Banker:
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$1,099,000
Sales Associates
William Raveis Real Estate
Phone: 203.767.7157
TheKenBanksTeam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $879,200 | $879,200 | $879,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,342 | $5,630 | $7,659 |
Total Monthly Payment | $5,467 | $5,755 | $7,784 |
* 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.