166 Coquina Key DRIVE, Ormond Beach, FL, 32176 | $990,000

Back on the market, buyer’s financing fell through! Owner will entertain lease with option to purchase! Welcome to your oceanfront oasis! This extraordinary home offers a luxurious coastal living experience like no other. Situated directly across A1A from the beach, you'll wake up to breathtaking ocean views and the soothing sound of waves crashing against the shore. As you enter the main level, you'll be greeted by a large in-ground pool, seamlessly integrated into the house's design. Imagine lounging by the poolside, enjoying the sun's warm rays, and taking refreshing dips in the crystal-clear water. This level also features a spacious kitchen with ample cabinets, perfect for storing all your culinary essentials. The adjacent dining room overlooks a large family room, where sliding glass doors lead out to the pool area, creating a seamless indoor-outdoor flow for entertaining guests. The main floor is also home to a master bedroom with an en-suite bathroom, providing a private sanctuary for relaxation. On the upper level, you'll discover another master suite with a large balcony that offers panoramic views of the Atlantic Ocean. This level also boasts another family room and an office/loft space, as well as an additional guest suite, ensuring that everyone has their own space to unwind and enjoy. Large brand new impact windows throughout the home allow natural light to flood the rooms, enhancing the bright and airy ambiance. The views from these windows are simply breathtaking, showcasing the pristine sandy beaches and the endless horizon of the ocean. On the third floor, you'll find another loft/office space which could be a cozy perfect place for curling up with a book or enjoying some quiet time. The third-floor family room opens up to an enormous outdoor space with a large covered area and a spacious open deck, providing the ultimate setting for unforgettable oceanfront entertainment. Imagine hosting gatherings, soaking up the sun, and savoring magical views from this incredible vantage point.
The community offers a private beach walkover just across the street from the entrance, providing easy access to miles of pristine sandy beaches. Additionally, you'll have the pleasure of being located next to the beautiful Gamble Rogers State Park and nature preserve, offering opportunities for kayaking, paddleboarding, biking trails, and immersing yourself in the area's natural beauty. Convenience is at your fingertips with shopping, dining, and entertainment options just a short distance away. This oceanfront gem truly offers the perfect blend of luxury, tranquility, and access to a vibrant coastal lifestyle. Don't miss the chance to make this remarkable home your own and experience the unparalleled beauty of oceanfront living. Schedule a viewing today and let your beachside dreams become a reality!

Features

  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Laundry Room
  • Year Built: 1999
  • Garage: 2-car
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 2,348
  • Acreage: 0.16
  • Est. Taxes: $7,308
  • HOA Fee: $285 Annually
  • View: Water
  • Pool: In Ground, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: FC291439
  • Days on Market: 414 days
  • Website: https://www.raveis.com
    /eprop/FC291439/166coquinakeydrive_ormondbeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/24/2024 4:17:10 PM)
Listing courtesy of VIRTUAL HOMES REALTY   Phone: 386-445-9911

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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166 Coquina Key DRIVE, Ormond Beach, FL, 32176

$990,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $792,000 $792,000 $792,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.371% 6.348% 6.201%
Monthly Tax Payment $609 $609 $609
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,812 $4,876 $6,683
Total Monthly Payment $5,513 $5,577 $7,384

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.