7 16th St, Saint Augustine, FL, 32080 | $1,275,000

This is your opportunity to own an ocean view home on Anastasia Island in the heart of St Augustine Beach. Enjoy the ocean view and spectacular sunrises from either the large living room bay windows or large exterior ocean facing deck. The house is a block from the St Johns County Pier and Pavilion as well as some of the Islands finest restaurants. It’s a short drive, (less than 5 mi) to the St Augustine Old Town Plaza . The block house constructed in 1940 was gutted and completely remodeled in 2019. Hurricane rated (140 mph) metal roof and Miami Dade Hurricane windows throughout. Cement filled block cells and installing stainless steel roof tie down straps make this house solidly anchored. New underground electrical service to the pole, sewer and water (PEX inside) to the street, insulation, floors, LED lighting, and top of the line kitchen appliances were all part of the remodel. Whole house generator w/hookup included. Seller is a Licensed Real Estate Agent The 1500 +sq ft 2 story house sits on an approximately 5132 sq ft lot along with a 550 sq ft detached building housing a single car garage, tool shed and approximately 100 sq ft air-conditioned bonus room (art studio, office etc. ). A 400 sq ft second floor deck with Stainless steel cable railing faces the ocean and has access from either the 2nd floor or driveway in back. The bedrooms are located downstairs with polished travertine tile throughout and custom black out blinds. The master bedroom has a luxurious master bath with a jet tub and marble floors, tub surround and vanity counter top. A fully enclosed exterior shower . Upstairs boasts an open floor plan with hardwood floors. A living room, dining room, kitchen, walk in pantry and exquisite tiled ½ bath. Numerous windows on all walls have custom blinds and provide a panoramic view in all directions. The ocean can be seen from everywhere upstairs including beautiful sunrises to the east and fiery sunsets to the west. The beautiful kitchen has blue granite counter tops, and custom cabinets. Owner is willing to finance up to 50% with a 3 year Balloon Note.

Features

  • Amenities: Beach Access
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Lot Size: 5663
  • Style: 2 Story,Single Family Home
  • Year Built: 1940
  • Heating: Central
  • Cooling: Central
  • Approx Sq. Feet: 1,500
  • Lot Size: 5663
  • Est. Taxes: $6,710
  • Lot Desc: East of A1A,Ocean View,Water View
  • Elem. School: R.B. Hunt Elementary
  • Middle School: Sebastian Middle
  • High School: St. Augustine High
  • MLS#: 240123
  • Days on Market: 187 days
  • Website: https://www.raveis.com
    /eprop/240123/716thst_saintaugustine_fl?source=qrflyer
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Listing courtesy of FLORIDA HOMES REALTY & MORTGAGE

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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7 16th St, Saint Augustine, FL, 32080

$1,275,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,020,000 $1,020,000 $1,020,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.371% 6.372% 6.182%
Monthly Tax Payment $559 $559 $559
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,280 $6,280 $8,607
Total Monthly Payment $6,964 $6,964 $9,291

* 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.