Olde Florida Header
Home of the Month!

Save with rates as low as 4.375% (6.450% APR)*

HOME OF THE MONTH!
133 Cypress Bluff Way, St. Augustine, FL 32084
 
Our featured home of the month offers style, quality, a great location AND tremendous savings this month only! With four bedrooms, two bathrooms and a covered patio, this open and airy one-story home won't last long with these great rates! Don't miss out on your chance to live at Landing at Olde Florida in St. Augustine. Finance your new home with rates as low as 4.375% (6.450% APR) with a 2-1 buydown.
 
How does a 2-1 Buydown Work?
With a 2-1 buydown on a fixed-rate mortgage loan, in year one your payments will be based on a rate that's 2% lower than your original locked-in rate of 4.375% (6.450% APR). In year two, your payments are 1% lower than your original locked-in rate of 5.375% (6.450% APR). In years 3-30, your mortgage rate will be the full locked-in rate of 6.375% (6.450% APR). Drees covers the difference between what your payment typically would be and the adjusted bought-down rate.
 
Contact a Market Manager to learn more and to tour one of our model homes today!
*Incentive available on build-to-order homes with valid, non-contingent purchase agreements accepted between June 2 - July 7, 2025. Includes 50% off discount on design finishes in the Drees Design Center of up to $50,000. Drees Homes reserves the right to change or withdraw this promotion at any time without prior notice. See your Drees Market Manager for more information.
 
Buyer is not required to finance through First Equity Mortgage to purchase a Drees Home; however, buyer must use First Equity Mortgage Inc., an Equal Housing Lender licensed by the Florida Office of Financial Regulation, License #MLD550, NMLS #21157,(www.nmlsconsumeraccess.org)., to receive this promotion. Other restrictions may apply. First Equity Mortgage, Incorporated is a wholly-owned subsidiary of The Drees Company located at 211 Grandview Drive, Suite 102, Fort Mitchell, KY 41017. Equal Housing Lender. See First Equity Mortgage loan officer for details.