Boat Slip Included! Discover the epitome of coastal living in the prestigious Pelican Reef gated community on Anastasia Island. This exclusive . 82-acre vacant lot with southern exposure, nestled on a quiet cul-de-sac street, offers a rare opportunity to build your dream home surrounded by breathtaking marsh views and potentially Intracoastal (Matanzas River) if you build up. Includes Boat Slip #6 at Pelican Reef Marina, 6, 000 lbs. -boat lift, this property caters to the avid boater's desires.
Imagine waking up to the soothing sounds of the coastal nature and having your boat just a few hundred feet away, ready for an adventure on the water. Pelican Reef is renowned for its luxurious lifestyle and is home to the 2024 HGTV Dream Home, showcasing the community's allure and prestige.
Lot HOA fee $420 per quarter, boat slip HOA fee $375 per quarter, ($795 Total Per Quarter).
Seize the chance to create your sanctuary in this sought-after community, see drone video, call now! Pelican Reef is a picturesque community on Anastasia Island in St. Augustine, known for its idyllic setting and luxurious coastal homes. Nestled along the Intracoastal Waterway, the Pelican Reef Pier & Marina serves as a focal point, offering residents and visitors a waterfront haven.
This exclusive community boasts a range of features, including upscale homes, lush landscapes, and security gate. Residents enjoy a serene lifestyle complemented by proximity to historic St. Augustine, renowned for its cultural richness.
The Pelican Reef Pier & Marina is a mariner's delight, providing easy access to boating, fishing, and water activities. Its strategic location allows residents to relish breathtaking sunsets and marine views.
Pelican Reef proudly hosts the HGTV 2024 Dream Home, showcasing innovative design and upscale living. With its blend of natural beauty, modern comforts, and the allure of the Dream Home, Pelican Reef stands as a premier destination for those seeking coastal elegance in St. Augustine.
Gated Community with virtual security access
Close to Anastasia Park, Lighthouse, and recreational activities
10 Minutes from historic St. Augustine Bridge of Lions
Minutes away from restaurants, shopping, and cultural experiences
Serene views of natural wild birds and marine habitat
$420 per quarter - Lot Homeowners Association Fee
$375 per quarter - Boat Slip Association Fee
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Our Executive Mortgage Banker:
Our Insurance Division:
$389,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $311,200 | $311,200 | $311,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.760% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,149 | $2,044 | $2,605 |
Total Monthly Payment | $2,224 | $2,119 | $2,680 |
* 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.