20 Inlet Pl, Saint Augustine, FL, 32080 | $2,400,000

Discover Coastal Elegance in a Modern Concrete Fortress – A Lucrative Opportunity in St. Augustine Step into a world where luxury meets profitability in this architectural gem located in the heart of St. Augustine. Crafted from robust refortufied concrete block and equipped with impact windows, this home is not only a modern fortress but also a potential gold mine, with rental possibilities reaching up to $1, 000 per night. Featuring six expansive bedrooms and five-and-a-half exquisite bathrooms, each corner of this residence is designed with sophistication and comfort in mind. Revel in the luxury of a heated pool. The home is set against the stunning backdrop of captivating water views, perfect for guest entertainment or serene private retreats. The kitchen is a chef’s paradise, boasting top-tier appliances and sleek design, complemented by breathtaking views that enhance every culinary experience. Ideal for hosting, this space promises to leave guests in awe whether during festive gatherings or intimate meals. Elevate your experience to the rooftop deck, accessible by both elevator and stairs. This exclusive area offers unrivaled panoramic views, making it an ideal spot for upscale entertaining or quiet contemplation under the stars. Just a short stroll from the iconic lighthouse, vibrant downtown, and convenient boat launch, this property’s location ensures guests can easily explore St. Augustine’s rich offerings. The absence of an HOA further enhances its allure, providing freedom and flexibility to maximize its rental potential. For boating enthusiasts, boat slips are available for rent just across the street, offering convenient access to the water. This is more than a home; it’s a high-return investment waiting to be realized. Embrace the blend of substantial income and luxurious living in this stunning St. Augustine masterpiece.

Features

  • Bedrooms: 6
  • Baths: 5 full / 1 half
  • Lot Size: 50x103
  • Style: Contemporary,Single Family Home
  • Year Built: 2023
  • Heating: Central
  • Cooling: Central
  • Approx Sq. Feet: 3,976
  • Acreage: 0.12
  • Lot Size: 50x103
  • Est. Taxes: $2,987
  • Lot Desc: City,Intracoastal View,Ocean View,Water View
  • Elem. School: R.B. Hunt Elementary
  • Middle School: Sebastian Middle
  • High School: St. Augustine High
  • MLS#: 242062
  • Days on Market: 116 days
  • Website: https://www.raveis.com
    /eprop/242062/20inletpl_saintaugustine_fl?source=qrflyer
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Listing courtesy of ENDLESS SUMMER REALTY

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

20 Inlet Pl, Saint Augustine, FL, 32080

$2,400,000

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 $1,920,000 $1,920,000 $1,920,000
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 $249 $249 $249
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $11,822 $11,822 $16,202
Total Monthly Payment $12,196 $12,196 $16,576

* 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.