tomo logo

$1,950,000

Beds
5
Baths
5.5
sq ft
4,103

685 Ocean Palm Way, Saint Augustine, FL 32080

685 Ocean Palm Way

St Augustine, FL 32080

  • 1 day on market
Sea Colony, St Augustine's only guard-gated oceanfront community is a special place to call home. Soaring Palms sway in the breezes and pastel colored homes invite a sense of the tropics.This charming OCEANVIEW home offers the best of Florida living with a wrap around porch and multiple decks to enjoy the pleasant sea air. Inside, high ceilings, wood floors and an abundance of windowscreates an elegant coastal retreat. With a formal dining room, living room and family room, there is plenty of room to enjoy quiet moments or host family and friends. Four spacious bedrooms, as well as a largebonus room, each with their own ensuite bathroom ensures privacy and comfort for all. The chef's kitchen features a luxury Sub Zero wine cooler and refrigerator as well as a professional grade Viking gasrange. Another added bonus is the 3 CAR GARAGE! Prime location within Sea Colony. Concrete Block construction. NEW ROOF, 3 NEW ACs.

Details

Property type

Single Family Residence

Est. home value

$1,854,347

Lot size

7,405.2 sq ft

Price per sq ft

$476

Year built

2005

Annual property taxes

$19,273.85

Monthly HOA fee

$270.83

Price History

12/21/2024
RealMLS

RealMLS #2061601

Listed
$1,950,000
+46.62%
05/28/2021
RealMLS

RealMLS #1117212

Sold
$1,330,000

Schools & Community

Elementary school: 

R.b. Hunt

Middle school: 

Sebastian

High school: 

St. Augustine

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

$809,146
Asking price
$1,950,000
Closing costs (~8% of asking)
-$156,000
Est. remaining loan balance
-$984,854
Cash to seller
$809,146

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

Seller’s Loan History

Lender

Ameris Bank

Loan start date

May 2021

Original loan amount

$1,064,000

Est. remaining balance

$984,854

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Robert Silvera and Jyoti Patel Silvera

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: Active

Tomo last checked: 12/21/2024 at 11:20 PM

Listing updated: 12/21/2024 at 8:27 AM

Listed by: JENNIFER BRYNDAL PA, ENGEL & VOLKERS ST AUGUSTINE Phone #: (904) 540-9419

MLS: RealMLS #2061601

RealMLS logo

Recently listed in St Augustine