The "Riverton Beach House" is beautifully situated in the heart of St Augustine. It is rare to find a property so close to the tourist center with such a huge private back yard and ample convenient on property parking. This renovated home boasts a friendly front porch with Victorian trim and a secure and the expansive back garden with four giant historic trees giving much needed shade. It is enclosed for privacy with a newly installed 6ft high white vinyl privacy fence. This property is in a sought-after area and has been successfully rented out to long term tenants as well as short term – a turnkey business opportunity, a perfect retirement investment or home for your family. This beautiful home has stood proudly and securely for 99 years! The large back yard has a firepit and wonderful layout for entertaining with onsite parking for up to 8 vehicles, and or plenty space for boat storage plus a rear private exit to the back access road, a quiet street, for easy enter and exit purposes . This home has 4 elegantly renovated bedrooms with high ceilings. Of the two bathrooms inside the main house, the 2nd ensuite half bathroom in the main house was recently updated with a bathtub that includes a handheld shower head with high quality chrome finishes and toilet. Beautifully restored original hardwood floors are throughout this artistically decorated home with tall ceilings giving each room a feeling of space and light. Updated kitchen has high quality matte gold faucets, white natural stone kitchen countertop & stylish chandelier for a touch of elegance. Relax in front of the wood burning indoor fireplace during Christmas or winter months with your family. The freestanding workshop in the back yard is newly restored and adds 458 sq. ft of extra space to this property. This tranquil area has vaulted ceilings, artistically painted in serene blue, large matt gold chandelier, high tech finishes and arched windows. The workshop space is perfect for artists or self-employed people needing a peaceful and private space or can be used as a recreational space for children or just for much needed extra storage. The current owners stored their valuables in the back workshop while renting out the main house. Please note all electrics throughout this property have been updated, newly installed hot water heaters and for privacy -ring & video cameras to give you extra peace of mind. This perfect location is in walking distance to Vilano boat ramp and Camachee Cove Yacht Club – ideal for fishing and boating enthusiasts. The backyard at Riverton has sufficient room to securely store your boat, add a pergola and plenty room in the yard to also add an additional shed for garden equipment storage – so much potential indeed. A cycling and running path take you from your front door over the Vilano Bridge to all the local amenities and only 3 minutes to Vilano Beach for surfing, fishing or kayak with your family to the historic Castillo de San Marcos built in the 1600’s. Enjoy the excitement and convenience of downtown living in the oldest town in the USA with easy access to the beach, and quaint downtown within walking distance. Should this property be bought as an investment property please note the Fountain of Youth is a 5-minute walk, the Old Town Trolley hop on hop off for tourists is only 2 blocks away-(a short walk) with Castillo de San Marcos less than ¾ of a mile away, supermarket and gas station only a convenient three minutes away - perfect for tourists and visitors – a turnkey investment opportunity. Home can be sold unfurnished, or partly furnished or fully furnished, depending on the needs of the new owner.
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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 | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $712 | $712 | $712 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,684 | $3,589 | $4,593 |
Total Monthly Payment | $4,488 | $4,393 | $5,397 |
* 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.