123 12TH Avenue S, Out of Area, FL, 32250 | $1,999,000

Introducing The Residences of Twelve South. Stunning new construction townhomes located 1 block from the Atlantic Ocean where modern architecture meets coastal living. Each of the four residences spans over 3, 200sqft of luxury, including 3 bedrooms with ensuite baths, two of them dual primary owner suites. The versatile first floor can serve as a bedroom, game room, or workout area. There is room for a pool. The home features a 1. 5 car garage, perfect for storing beach gear or a golf cart. The kitchen is one to envy and a chef's dream with a dolomite stone waterfall peninsula, gas cooking, panel ready appliances and a hidden walk-in pantry to stow away everyday items. Convenience is key with in-unit elevators and solid concrete block construction extending to the third floor ensuring privacy, energy efficiency, and reduced maintenance costs. High-end finishes such as premium lighting and tile work, exude elegance. After a fun-filled day at the beach, rinse off in your outdoor shower and prepare to entertain on your breathtaking third-floor balcony, featuring a summer kitchen with ocean views. Located ideally near JTB for easy access to Mayo Clinic or the airport, Trader Joe's and other shopping. Take an evening stroll to the renowned 11th South restaurant 1 block away. Walk 2 blocks to enjoy your morning coffee at Starbucks. You're an 8-minute drive from the prestigious Ponte Vedra Inn & Club. This is your opportunity to indulge in the ultimate beach lifestyle at Twelve South. Schedule a showing to experience modern coastal living at its finest! Estimated completion end of July 2024. Tankless hot water heater and professional gas range are fueled by natural gas.

Features

  • Amenities: Management - Full Time
  • Rooms: 1
  • Bedrooms: 3
  • Baths: 3 full / 2 half
  • Laundry: Electric Dryer Hookup, Washer Hookup
  • Style: Contemporary
  • Year Built: 2024
  • Garage: 1.5-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,233
  • Est. Taxes: $3,721
  • HOA Fee: $448 Monthly
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • MLS#: 2030912
  • Days on Market: 143 days
  • Website: https://www.raveis.com
    /prop/2030912/12312thavenues_outofarea_fl?source=qrflyer
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Customer Service

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

123 12TH Avenue S, Out of Area, FL, 32250

$1,999,000

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 $1,599,200 $1,599,200 $1,599,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.343% 6.851% 6.704%
Monthly Tax Payment $310 $310 $310
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,240 $10,372 $13,931
Total Monthly Payment $10,675 $10,807 $14,366

* 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.