1277 BEACH Avenue, Atlantic Beach, FL, 32233 | $6,499,000

Incredible new price! This stunning Oceanfront Home is truly in the ''sweet spot of Old Atlantic Beach'', not too close to the hustle of downtown and not too far north. This home is on a deep 225 foot lot with a very wide home with 43 feet of Ocean front living space on the first floor and 5100 square feet of heated and cooled space in main home. All rooms are oversized, large kitchen, large dining room, huge great room with fireplace and Florida room across the front. Upstairs features 3 bedrooms, 2 of them ocean front. Large ocean facing master and guest room. Huge 3rd floor game/flex room with oceanfront terrace with panoramic views. Miles of northern views up the beach. This home is in move in condition with the opportunity to update the kitchens and baths to your personal taste or it is a great home if buyers want to completely renovate and make it their own. The existing garage apartment can be torn down and recreated to establish a 3-car garage and larger courtyard for a pool or outdoor entertainment area. Don't miss out on this opportunity to own this perfect lot in Atlantic Beach.

Features

  • Bedrooms: 4
  • Baths: 3 full
  • Year Built: 1925
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 5,100
  • Acreage: 0.3
  • Est. Taxes: $23,571
  • Water Front: Yes
  • Appliances: Other
  • MLS#: 2020297
  • Days on Market: 57 days
  • Website: https://www.raveis.com
    /eprop/2020297/1277beachavenue_atlanticbeach_fl?source=qrflyer
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.

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Jerry MasonSales Associate

508.292.9297

Jerry.Mason@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Frank MerolaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1020051

508.740.5922

Frank.Merola@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

Allen GellermanInsurance Sales Director, William Raveis Insurance

617.686.2668

Allen.Gellerman@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

1277 BEACH Avenue, Atlantic Beach, FL, 32233

$6,499,000

Jerry Mason

Sales Associate

William Raveis Real Estate

Phone: 508.292.9297

Jerry.Mason@Raveis.com

Frank Merola

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 508.740.5922

Frank.Merola@raveis.com

NMLS Mortgage Loan Originator ID 1020051

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $5,199,200 $5,199,200 $5,199,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.799% 6.989% 7.102%
Monthly Tax Payment $1,964 $1,964 $1,964
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $34,590 $34,155 $46,369
Total Monthly Payment $36,679 $36,244 $48,458

* 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.