Buy this home outright for $829,000, or with just $9,500 down vs $166,000 through Jubilee’s Joint Purchase Program – You purchase the house, Jubilee purchases the land and then leases it to you. Your total monthly cost (mortgage + ground rent) is comparable to a traditional mortgage, and you can buy the land at any time within 99 years.Tucked away on a quiet cul-de-sac just minutes from the beach and marina, this stunning single-story home offers the perfect blend of coastal living and custom comfort. With an open floorplan, soaring ceilings, and abundant natural light throughout, every space feels bright, airy, and welcoming.The updated kitchen is both stylish and functional, seamlessly connecting to the living and dining areas for effortless entertaining. The remodeled primary bathroom adds a touch of luxury, featuring modern finishes and thoughtful design. Throughout the home, custom touches elevate the aesthetic and create a sense of warmth and character.Step outside to a huge yard that offers endless potential–whether you’re dreaming of a garden, outdoor entertaining space, or just a peaceful retreat to soak in the sunshine. This home combines comfort, style, and an unbeatable location near the coast, making it a rare find in an exceptional neighborhood.Estimated initial ground rent is $3,200/month, and increases annually with CPI. Buyout price based on greater of the initial investment and property’s fair market value. Mortgage: Assumes 30-year FHA $272K mortgage with $1,780 monthly payment (7.65% APR). Terms vary based on program eligibility.
Lechavarria@onthegorealestate.com
