Now is your opportunity to own this beautiful & unique, soon to be built, 5 bedroom, 4 bath coastal cottage pool home (3500 SF) and choose your own finishings. Completion expected December 2025 for this home located in the highly desirable South Jax Beach community with a friendly neighborhood feel. Just steps (1 block) to the ocean, a short walk or drive to great shopping, dining, Butler Blvd and the Mayo Clinic. This high-end home will come with upgraded features, a 3-car garage, with driveway and walkway pavers, and a 7000sf lot 50' wide by 140' deep. The backyard will be 50' wide by 43' deep fenced with a large pool/spa and 12' x 13' covered patio area and outdoor shower. First floor features a Guest Room/Office with Full Bath, Living Room with linear fireplace, service bar and wine cooler, Kitchen with gas cooktop, island bar seating and large pantry, and Dining Room. Take the elevator with upgraded cab appointments to the Primary Suite on the second floor with a linear fireplace large Walk-in Closet, Dressing Room, Soak Tub with separate Shower, Water Closet with Bidet and covered Porch. Other second floor features include a large Laundry Room, Sitting/reading area under the Cupula, 3 Bedrooms, 2 share a Jack and Jill bath and the other is Ensuite. Downstairs flooring will be luxury vinyl and upstairs is carpet, tile and hardwood in master. **Preferred Membership Initiation Fee pricing for the clubs of Gate Hospitality - Ponte Vedra Inn & Club, Lodge & Club, Epping Forest or The River Club - available to the purchaser(s) of this property ** This property is also available for sale as a lot with existing plans or to build your own dream home for 1. 7M
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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 | $2,316,000 | $2,316,000 | $2,316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $232 | $232 | $232 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,830 | $14,830 | $20,334 |
Total Monthly Payment | $15,187 | $15,187 | $20,691 |
* 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.