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5650 A1A S C218, #C218, Saint Augustine, FL, 32080 | $550,000
Amazing Rental Opportunity! Welcome to this turn-key, fully furnished 2-bedroom, 2. 5-bathroom condominium at 5650 A1A South, Unit C218, in Saint Augustine, FL. This property spans 1, 350 square feet and features THREE balconies that provide tranquil ocean views, making it the perfect setting for relaxation and entertainment! Recent updates to the condo include modern amenities such as a new stove, dryer, ceiling fans, light fixtures, and a garbage disposal. Safety has been enhanced with new GFCI outlets in each bathroom, and the kitchen has been upgraded with the latest appliances, including a refrigerator installed in 2024. The HVAC system, replaced in 2019, is under a service agreement to ensure optimal comfort. The $8, 000 assessment has been paid by the sellers; details of the repairs can be found in the documents section. The kitchen's functionality is augmented by Corian countertops and soft-close drawers, and the exterior doors have been freshly painted to align with HOA standards. The Island House community, consisting of just 60 units, offers amenities such as a pool, a clubhouse with recreational facilities like ping pong and shuffleboard, and direct beach access via Mary Street. Located close to historic downtown St. Augustine, the Amphitheater, and St. Augustine Beach, the condo is ideally positioned to enjoy the area's local attractions. The HOA fees include utilities such as cable, sewer, trash, and water, facilitating a carefree lifestyle. This property presents a lucrative investment opportunity, with a one-week minimum rental policy and an on-site EV charging station with individual billing. Constructed with a sturdy concrete block structure, 5650 A1A South, Unit C218 is an excellent choice for those looking to invest in a property that offers both luxury living and significant income potential. Additional Documentation: Available documentation includes a features sheet, seller's disclosure, floor plan, and 7 other essential documents. For access to these materials, please contact us or your real estate professional.
Features
- Parking: Assigned,Guest Space
- Heating: Central,Electric
- Cooling: Central,Electric
- Levels: 2
- Amenities: Beach Access,Clubhouse,Community Pool Unheated,Tennis
- Bedrooms: 2
- Baths: 2 full / 1 half
- Complex: Island House Condo
- Year Built: 1975
- Common Charge: $685
- Approx Sq. Feet: 1,350
- Est. Taxes: $4,462
- Lot Desc: East of A1A,Ocean View,Oceanfront Condo Complex,Ocean Front
- Water Front: Yes
- Boat Access: No
- Elem. School: W. D. Hartley Elementary
- Middle School: Gamble Rogers Middle
- High School: Pedro Menendez High School
- MLS#: 241178
- Days on Market: 151 days
- Website: https://www.raveis.com
/prop/241178/5650a1asc218_saintaugustine_fl?source=qrflyer
Listing courtesy of ENDLESS SUMMER REALTY
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5650 A1A S C218, #C218, Saint Augustine, FL, 32080
$550,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
| Monthly Tax Payment | $372 | $372 | $372 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,745 | $2,673 | $3,477 |
| Total Monthly Payment | $3,209 | $3,137 | $3,941 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388