434 Ocean Forest Dr, Saint Augustine, FL, 32080 | $2,750,000

PRICE LOWERED FOR QUICK SALE AT RECENTLY APPRAISED VALUE! $50, 000 SELLER ROOF ALLOWANCE WITH CLOSING BY 12/31. Where luxury meets nature! This 32 feet high, private sanctuary on almost half an acre borders a nature preserve, within a gated community, and is located only minutes from the beach and historic downtown St. Augustine. Built like a concrete fortress, over 30 feet high, with a generator boasting 45-day energy independence. The home boasts 7, 700 sq. ft. of finished living space between the two-story 4 bed/3. 5 bath main house, and the 2, 000 sq. ft. in-law suite. Features include an in-house elevator, wine cellar, fully fenced yard, custom heated pool, 25 ft. waterfall, spa and fire pit. Flooring boasts Brazilian marble and Cherrywood. This property is an entertainer’s dream, with custom chef's kitchen as well as huge bar with wine cooler open to the heated, screened pool and patio, perfect for get togethers. The garage is a car enthusiast's dream with room for 8 cars in a climate-controlled museum / man cave setting complete with a workshop. In-house automatic 54 KW generator fueled by a 500-gallon propane tank ensures you continuous power and peace of mind. This property is as solid as they come with concrete construction, and impact resistant windows and doors. Schedule your private tour and make this private oasis your new home today!

Features

  • Amenities: Clubhouse,Gated,Community Pool Unheated
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Lot Size: 0.49
  • Style: Craftsman,Single Family Home
  • Year Built: 2007
  • Heating: Central
  • Cooling: Central
  • Approx Sq. Feet: 7,742
  • Lot Size: 0.49
  • Est. Taxes: $16,356
  • HOA Fee: $4,000
  • Lot Desc: East of A1A,Preserve, Conservation Backyard,Wooded
  • Elem. School: R.B. Hunt Elementary
  • Middle School: Sebastian Middle
  • High School: St. Augustine High
  • MLS#: 243714
  • Days on Market: 39 days
  • Website: https://www.raveis.com
    /eprop/243714/434oceanforestdr_saintaugustine_fl?source=qrflyer
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Listing courtesy of Summit Properties International FL LLC

William Raveis Family of Services

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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
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

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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
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434 Ocean Forest Dr, Saint Augustine, FL, 32080

$2,750,000

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 $2,200,000 $2,200,000 $2,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.750% 7.038%
Monthly Tax Payment $1,363 $1,363 $1,363
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $14,269 $14,087 $19,468
Total Monthly Payment $15,757 $15,575 $20,956

* 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.