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Ocean’s Edge Condominiums Closes 16 Sales in 3rd Quarter

October 12th, 2010 · Leave a Comment

Ocean’s Edge, located one block from the Atlantic Ocean in South Jacksonville Beach, experienced an exceptional third quarter closing 16 homes for sale over the three month period. Total sales from the closings equal $3.5 million.

In addition to its attractive pricing starting at $161,000, Ocean’s Edge also has the distinction of maintaining both Federal Housing Administration (FHA) project approval and being the only condominium community at the beaches with Fannie Mae project approval, making it possible for qualified buyers to obtain low down payment, fixed-rate mortgages at competitive rates.

Vikki Robbins, partner at Pace Builder Services, says buyers are pleasantly surprised when they realize the many financing options available at Ocean’s Edge.

First-time homebuyers can apply for an FHA loan, which offers the flexibility of a low down payment and reasonable interest rates. Because of our Fannie Mae approval status, second-home and vacation-home buyers can get a conventional loan that allows them to obtain a mortgage for a home-away-from-home rather than having to pay cash.

For many buyers, the price-point and financing options would be enough, but Ocean’s Edge also has the distinction of being located within walking distance of the beautiful Jacksonville beaches. 

Ocean’s Edge’s first-rate amenities and activities include a beautiful new clubhouse, state-of-the-art fitness center, resort-style pool and lagoon, poolside outdoor grill and summer kitchen, lake with observation deck, and private putting green. Or they can venture outside Ocean’s Edge and walk to local dining, nightlife and retail venues.

Congratulations to Ocean’s Edge for its incredible sales success! If you’d like to learn more or to schedule a tour of the community, call (904) 247-9052 or visit www.OceansEdgeLiving.com.

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