5650 A1a S, #C218, Saint Augustine, FL, 32080 | $550,000

Discover coastal living at its best with this stunning 2-bedroom, 2. 5-bathroom condo at 5650 A1A South, Unit C218, in Saint Augustine, FL. This fully furnished, turn-key property features 1, 350 square feet of elegantly designed space, complete with three balconies offering serene ocean views—ideal for relaxation and entertainment. The condo has recently been updated to include modern amenities such as a new stove, dryer, ceiling fans, light fixtures, and a garbage disposal. Each bathroom now has new GFCI outlets for safety, and the kitchen boasts up-to-date appliances, including a refrigerator installed in 2024. The HVAC system, replaced in 2019, is under a service contract for optimal comfort. The sellers have already paid the $8, 000 assessment. Please see the documents to see what is being repaired. The kitchen's functionality is enhanced with Corian countertops and soft-close drawers, and the exterior doors have been repainted to meet HOA standards.

Island House is a close-knit community with just 60 units, offering a pool, clubhouse with recreational facilities like ping pong and shuffleboard, and direct beach access via Mary Street. Please refer to the features sheet in the documents to see a full list of all updates. Situated near historic downtown St. Augustine, the Amphitheater, and St. Augustine Beach, the location is perfect for enjoying local attractions. HOA fees cover utilities like cable, sewer, trash, and water, ensuring a hassle-free lifestyle. This property is an excellent opportunity for investors, featuring a one-week minimum rental policy and an onsite EV charging station with individual billing. Encased in a durable concrete block structure, 5650 A1A South, Unit C218 is a superb choice for those seeking a blend of investment potential and coastal enjoyment.

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 3
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Room
  • Complex: ISLAND HOUSE
  • Year Built: 1975
  • Approx Sq. Feet: 1,350
  • Est. Taxes: $4,462
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • MLS#: FC300507
  • Days on Market: 16 days
  • Website: https://www.raveis.com
    /prop/FC300507/5650a1as_saintaugustine_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 7/7/2024 9:05:05 PM)
Listing courtesy of ENDLESS SUMMER REALTY   Phone: 904-461-8878

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NMLS Mortgage Loan Originator ID 16953

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5650 A1a S, #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** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.815% 7.159% 6.538%
Monthly Tax Payment $372 $372 $372
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,927 $2,924 $3,773
Total Monthly Payment $3,391 $3,388 $4,237

* 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.