16 Magnolia Ave, Saint Augustine, FL, 32084 | $970,000

Welcome to St. Augustine’s most charming street! Nestled on Magnolia Avenue, this home is surrounded by 100-year-old oak trees that create a picturesque setting. Located in uptown St. Augustine, this turnkey and fully furnished home has been thoughtfully renovated over the years. It features spacious rooms and ample outdoor space, perfect for hosting large gatherings or enjoying a cozy evening by the fireplace. With 3 bedrooms, 2 bathrooms, and a versatile flex space, there is plenty of room to entertain. The 2-car garage with a circular driveway provides abundant parking. Relax in the tranquil backyard with a firepit on the paver patio. Zoned RS2 for weekly rentals, this home can also serve as your permanent residence. It is conveniently close to the beach, a short stroll to the Fountain of Youth, historical downtown, fantastic restaurants, and entertainment. This home is an active rental. Showings may require 24-48 hours' notice. Preapproval/proof of funds must accompany AS-IS contracts with all appropriate addenda. Seller is offering $5000 toward buyer's cc/pp. Security cameras do not convey. Buyer to verify all measurements. Text Jennifer at 678-642-7586 to notify an offer is being submitted.

Features

  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 10890
  • Style: Ranch
  • Year Built: 1993
  • Approx Sq. Feet: 2,072
  • Acreage: 0.25
  • Lot Size: 10890
  • Est. Taxes: $15,364
  • Elem. School: Ketterlinus Elementary
  • Middle School: Sebastian Middle
  • High School: St. Augustine High
  • MLS#: 252457
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/252457/16magnoliaave_saintaugustine_fl?source=qrflyer
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Listing courtesy of Berkshire Hathaway Homeservices Florida Network Realty

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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:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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16 Magnolia Ave, Saint Augustine, FL, 32084

$970,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $776,000 $776,000 $776,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.861% 6.727% 6.560%
Monthly Tax Payment $1,280 $1,280 $1,280
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,715 $4,969 $6,707
Total Monthly Payment $6,087 $6,341 $8,079

* 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.