Welcome to your dream beachfront getaway! This fully updated studio condo offers a vibrant and sunlit living space, making it the perfect retreat for those seeking the ultimate beachside experience. Nestled directly on the pristine shores of Daytona Beach, this condo promises breathtaking ocean views and immediate access to the sun, surf, and sand. Location is everything, and this condo delivers on convenience. Just minutes away, you'll find an array of attractions, world-class restaurants, and the bustling Daytona Beach Convention Center. Motorsport enthusiasts will delight in the fact that the famed Daytona International Speedway is a mere 15-minute drive away, ensuring you won't miss a moment of the action. This condo is not only a fantastic opportunity for those seeking an idyllic vacation home but also for savvy investors. It is being offered fully furnished, with a successful track record as a rental property. A book of business is included, allowing you to continue generating income right from day one. The seller understands the importance of flexibility in today's real estate market and is open to considering owner financing for the right offer. This means you can secure this beachfront oasis with ease and peace of mind. Imagine waking up to the sound of crashing waves, enjoying your morning coffee on the private balcony while watching the sunrise over the Atlantic Ocean. Whether you're looking for a permanent residence, a vacation home, or an investment property, this Daytona Beach condo offers endless possibilities for coastal living. Don't miss out on the chance to make this beachfront haven your very own. Start living the beach life you've always dreamed of. Contact us today to schedule a viewing and take the first step towards calling this beautiful condo yours. Paradise awaits!
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Our Executive Mortgage Banker:
Our Insurance Division:
$150,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $120,000 | $120,000 | $120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $157 | $157 | $157 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $729 | $729 | $948 |
Total Monthly Payment | $960 | $960 | $1,179 |
* 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.