1601 OCEAN Drive S, #810, Jacksonville Beach, FL, 32250 | $799,500

Spectacular ocean views from this 8th floor southeast end unit. The iconic Seascape Condominiums have undergone nearly 7 million dollars in renovations already paid in full by the Sellers. No surprise assessments and solid financials make Seascape the best oceanfront choice in northeast Florida. Located in the center of South Jacksonville Beach makes it an easy bike or golf cart ride to fabulous restaurants and shopping. Multiple pools, an exercise room facing the ocean, and a storage space for all your beach toys. New pool deck furniture has been purchased and scheduled for installation in April, and updated front entrance landscaping has been approved and funded for installation this spring.

Features

  • Parking: Assigned, Parking Lot
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • Amenities: Beach Access, Elevator(s), Fitness Center, Maintenance Grounds, Service Elevator(s), Storage
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
  • Complex: Seascape Condo
  • Year Built: 1974
  • Common Charge: $1,534 Monthly
  • Approx Sq. Feet: 1,230
  • Est. Taxes: $8,839
  • View: Beach, Ocean
  • Water Front: Yes
  • Elem. School: Seabreeze
  • Middle School: Duncan Fletcher
  • High School: Duncan Fletcher
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • MLS#: 2073218
  • Days on Market: 39 days
  • Website: https://www.raveis.com
    /prop/2073218/1601oceandrives_jacksonvillebeach_fl?source=qrflyer
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Listing courtesy of Keller Williams Realty Atlantic Partners

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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1601 OCEAN Drive S, #810, Jacksonville Beach, FL, 32250

$799,500

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 $639,600 $639,600 $639,600
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.063% 6.152%
Monthly Tax Payment $737 $737 $737
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,043 $4,202 $5,354
Total Monthly Payment $4,872 $5,031 $6,183

* 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.