The ultimate boater's paradise awaits in this BRAND NEW highly refined 4-bedroom 3. 5-bathroom 2862 square feet immaculate luxury residence. With breath taking views of the intracoastal and lighthouse and salty breezes you will never want to leave this sanctuary. Indulge in your own deep water access boat slip, community dock and clubhouse featuring a beautifully designed heated saltwater pool and jacuzzi making this residence the perfect year-round escape. Nestled along the highly desirable Salt Run waterway with direct access to both the intercostal and Atlantic Ocean. Inside you will discover four dreamy patios, an elevator for ease, dual primary suites, two additional guest rooms, a generous great room, gourmet kitchen and a two-car garage. Cortez is ideally situated between Historic Downtown St Augustine and local beaches. This impressive community provides rental management service thru The Proper Group to allow ease if the owners desire income producing rentals. This luxury home features ground floor on-suite with private full bath, engineered hard wood throughout, and quartz waterfall counter tops. The lighting, back splash, and additional finishing upgrades to be chosen by purchaser. Please inquire for designer options.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,229,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,783,200 | $1,783,200 | $1,783,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | $1,083 | $1,083 | $1,083 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,271 | $11,418 | $15,534 |
Total Monthly Payment | $12,479 | $12,626 | $16,742 |
* 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.