1601 OCEAN Drive S, #708, Jacksonville Beach, FL, 32250 | $795,000

Bask in oceanfront elegance w/ expansive 30 ft. balcony and spectacular 180-degree views of ocean and sunrises from living, dining and both bedrooms. Entertain in the flarge, open living spaces beaming with natural light and great views. Balcony is ideal for morning coffee, evening wine and/or outdoor dining. Main areas have floor-to-ceiling glass sliding doors, on-the-diagonal large format Travertine-like LFT and gleaming crown molding. Spacious kitchen features expansive granite countertops with backsplash, Whirlpool Gold stainless steel appliances, custom Honey Oak wood cabinets, LED under-cabinet lighting and supplemental spice storage. Counter features space for three bar-height stools.

2024 special assessment has been fully satisfied by seller. Similar units/full price offers have appraised. The seller/listing agent can refer a preferred lender who is familiar with Seascape and has recent experience successfully underwriting mortgages during ongoing building renovations. The 2024 special assessment funded construction work as follows: new roof, roof safety anchors, waterproofing balconies, new waterproof breezeway surfacing, post tension cable repairs, concrete and stucco repairs, removal of block façade and replacement with full metal panels, painting main building, walls and garage and related costs and expenses, landscaping repair and replacement work, as well as funding an unanticipated increase to the property insurance premium. 20% contingency included in budget.

Features

  • Parking: Assigned, Guest, Off Street, Parking Lot
  • Heating: Central, Electric
  • Cooling: Central Air, Electric, Other
  • Amenities: Barbecue, Beach Access, Children's Pool, Elevator(s), Fitness Center, Laundry, Maintenance Grounds, Maintenance Structure, Management - Full Time, Management- On Site, Sauna, Storage, Trash, Water
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
  • Complex: Seascape Condo
  • Year Built: 1974
  • Common Charge: $939 Monthly
  • Approx Sq. Feet: 1,110
  • Est. Taxes: $9,742
  • Lot Desc: Other
  • View: Beach, Ocean, Pool, Water, Other
  • Water Front: Yes
  • Elem. School: Seabreeze
  • Middle School: Duncan Fletcher
  • High School: Duncan Fletcher
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Washer/Dryer Stacked
  • MLS#: 2054886
  • Days on Market: 19 days
  • Website: https://www.raveis.com
    /prop/2054886/1601oceandrives_jacksonvillebeach_fl?source=qrflyer
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than William Raveis Real Estate are marked with the listing broker's name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.
Listing courtesy of Berkshire Hathaway Homeservices Florida Network Realty

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1601 OCEAN Drive S, #708, Jacksonville Beach, FL, 32250

$795,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $636,000 $636,000 $636,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $812 $812 $812
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,231 $4,227 $5,363
Total Monthly Payment $5,135 $5,131 $6,267

* 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.