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Mid-century St. Augustine style architecture is seamlessly blended with modern day finishes in this stunning pool home on a sprawling . 52 acre double lot on Anastasia island! This impeccable gem of a property is located on much sought after Park Terrace Drive, on a high elevation and outside of any flood zones. Constructed of concrete block, the home has a solid history of meticulous pride of ownership from its lush landscaped yard and sparkling pool to the updated interior that makes the most of modern day design while also keeping the feel of the original architecture. Its location on a corner at the top of the street provides both a formal front entry with 105’ of road frontage as well as the ease of a side entry oversized 2-car garage on the expansive 160’ side. The interior of the home is designed with an open flow and offers both formal and informal spaces to fit the way you like to live. A split floor plan, large living room and dining room, and a sunny Florida room - which can either be left open to the rest of the living are or closed off for privacy or guests - all flow effortlessly and comfortably. Enjoy the outdoors any time of day either on the screened rear lanai with sweeping views of the large swimming pool, or out on the open deck for sun bathing or dining al fresco. Another feature that is incomparable to most homes in the area is the added benefit of a second parcel of land at the south end of the property! So many possibilities for you to explore. All of this plus you'll be so close to Anastasia State Park, the Lighthouse, The Amp, local shopping and restaurants, and historic downtown! Properties like this don’t become available often, so schedule your private showing today at 11 Park Terrace Drive!
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Our Executive Mortgage Banker:
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$925,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $740,000 | $740,000 | $740,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.637% | 6.540% |
Monthly Tax Payment | $500 | $500 | $500 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,496 | $4,677 | $6,395 |
Total Monthly Payment | $5,088 | $5,269 | $6,987 |
* 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.