tomo logo

$2,470,944Estimated home value

Beds
6
Baths
4.0
sq ft
3,000

505 Porpoise Point Dr, Saint Augustine, FL 32084

505 Porpoise Point Dr

St Augustine, FL 32084

  • Off market
    • Price drop $245,000↓
Welcome to the pinnacle of coastal living. This magnificent home, nestled within the exclusive Porpoise Point community, offers an idyllic retreat with panoramic views of the sparkling waters and direct access to pristine beaches. With 6 spacious bedrooms and 4 bathrooms, this home provides ample room for everyone to relax and unwind. The large balcony showcases breathtaking views that encompass iconic landmarks such as the St. Augustine Lighthouse, Historic Downtown, Matanzas River, the Inlet, and the vast Atlantic Ocean. The property features a substantial 35-foot-deep seawall that is solid filled and topped with a 5-foot-wide, 10-inch-thick sidewalk, providing both aesthetic appeal and reliable protection. The addition of astro turf creates a low-maintenance outdoor space, allowing y you to fully indulge in beachside relaxation. This extraordinary property comes fully furnished, ensuring a seamless move-in experience and allowing you to immediately immerse yourself in the pinnacle of luxury coastal living. The inclusion of conveniences such as an elevator, new impact windows with turtle tint, and a 2018 roof combines convenience, safety, and contemporary style. The generously sized family living spaces have been thoughtfully designed to provide ample room for relaxation and socializing. Whether hosting gatherings or unwinding after a day at the beach, these inviting areas offer the perfect setting. Each room is spacious, allowing for comfortable and flexible living arrangements. The updated bathrooms feature tasteful finishes and fixtures, adding a touch of luxury to the overall aesthetic. Situated in the prestigious Porpoise Point community, you'll relish in the serenity of the coastal lifestyle. Explore the nearby attractions of Vilano Beach and downtown St. Augustine, where you'll discover a wealth of dining options, shopping experiences, and historical landmarks, adding further allure to this remarkable location. Don't miss out on this exceptional opportunity to make 505 Porpoise Point your oceanfront haven and indulge in the ultimate luxury coastal living experience. All information pertaining to the property is deemed reliable, but not guaranteed. Information to be verified by the Buyer. Be advised that cameras may exist recording audio and video inside/outside the property, such as ring doorbells.

Details

Property type

Single Family Residence

Est. home value

$2,470,944

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$750

Year built

1986

Monthly HOA fee

$40

Price History

09/30/2024
RealMLS

RealMLS #2010394

Removed
$2,250,000
04/26/2024
RealMLS

RealMLS #2010394

Price change
$2,250,000
-9.82%
02/22/2024
RealMLS

RealMLS #2010394

Listed
$2,495,000
+144.61%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,846,422
Asking price
$2,250,000
Closing costs (~8% of asking)
-$180,000
Est. remaining loan balance
-$223,578
Cash to seller
$1,846,422

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

E*Trade Mtg Corp

Loan start date

February 2002

Original loan amount

$480,000

Est. remaining balance

$223,578

Interest rate

7.16%

Loan type

Not Provided, 30 year

Seller

Paul Joseph Schilling

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/04/2024 at 8:00 PM

Listing updated: 08/21/2024 at 9:23 PM

Listed by: DJ DELLA SALA, DJ & LINDSEY REAL ESTATE Phone #: (904) 643-6199

MLS: RealMLS #2010394

RealMLS logo