5 Beachside Drive, Palm Coast, FL, 32137-2341 | $975,000

Start Packing! Price Improvement on this newer construction Ocean view home. Sellers are relocating and are offering $7, 500 towards Buyers Closing costs and or prepaids with accepted offer. Must Close by 9/15/2024 . This masterpiece in Maritime Estates blends luxury with Coastal Living! Spanning three stories with an Elevator, this home offers 3 bedrooms and 3. 5 baths! As you enter the property you are greeted with a main floor en suite with it's own entrance! Onto the second floor you can find the large primary suite with a spacious covered balcony overlooking the lush backyard! The heart of this home lies in the gourmet kitchen with top of the line appliances, elegant Quartz countertops, Wide Kitchen island, custom cabinetry, and an open floorplan with Expansive windows and balcony that invites abundant natural light, while providing uninterrupted views of the ever-changing seascape everywhere you look. From morning coffee on the private balcony to sunset cocktails on the terrace, every moment spent outdoors is enriched by the awe-inspiring backdrop of the ocean. The home features a heated and cooled 2 bay Garage that includes and extra deep bay for truck and SUV's owners. There is also a large attic space above the garage perfect for storage and a 2nd Attic stand up space on 3rd floor too! In the backyard, there is a workshop perfect for the Gardener /woodworker in the family! The expansive patio area with pavers offers an outdoor shower perfect for coming home after the Beach! This 100 by 130 lot has plenty of room to add a pool. The list of custom upgrades is endless! This home offers a modern solid concrete construction for generations to enjoy! A few miles North to Historic St. Augustine and Bike south to The Hammock Bings Landing boat Launch and nearby specialty Shops & Restaurants.

Features

  • Amenities: Beach Access,Community Dock,Other-See Remarks
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Lot Size: 100x130
  • Style: Contemporary,Single Family Home
  • Year Built: 2021
  • Heating: Central,Electric
  • Cooling: Central,Electric
  • Approx Sq. Feet: 2,589
  • Lot Size: 100x130
  • Est. Taxes: $6,206
  • HOA Fee: $95
  • Lot Desc: Ocean View,Water View, Paved
  • MLS#: 241877
  • Days on Market: 117 days
  • Website: https://www.raveis.com
    /eprop/241877/5beachsidedrive_palmcoast_fl?source=qrflyer
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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

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5 Beachside Drive, Palm Coast, FL, 32137-2341

$975,000

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 $780,000 $780,000 $780,000
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 $517 $517 $517
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,803 $4,803 $6,582
Total Monthly Payment $5,412 $5,412 $7,191

* 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.