GORGEOUS OCEAN-VIEW CONDO WITH NO LEASE RESTRICTIONS! This south facing 1 bedroom condo with a full kitchen is and walkout balcony is located at the Daytona Beach Resort. This stunning property features brand new Luxury Vinyl Plank Flooring throughout, providing a modern and elegant touch. The condo comes fully furnished, with all appliances included, allowing you to enjoy the space immediately or maximize its rental potential. This property offers fantastic rental opportunities, with minimum 1-Day rentals allowed and the flexibility to choose your own management company. This opens up a world of possibilities and allows you to achieve great capitalization rates. The Daytona Beach Resort offers an array of amenities that truly enhance the resort-style living experience. You'll have access to 2 oceanfront pools and 1 kid’s pool perfect for relaxing and soaking up the sun, as well as an oceanfront Tiki bar and Fire Pit. If you prefer indoor activities, you can take advantage of the indoor heated pool, 2 hot tubs, sauna, full bar/restaurant space, fitness center, and laundry facilities conveniently located within the building. The resort also offers bike rentals, allowing you to explore the beautiful beachfront at your leisure. Whether you're looking to unwind or seek adventure, this property offers the perfect balance. Convenience is another major advantage of this location, with shops and restaurants right at your doorstep. The Daytona Beach Resort is situated across from the Bellair Shopping Plaza, which features popular stores like Marshalls, Walgreens, Bealls, Five Below, and Dollar Tree. This means that all your or your guest’s shopping and dining needs are just a stone's throw away, making your day-to-day life more convenient and enjoyable. Whether you're looking for a vacation retreat or a smart investment, this property has it all. Schedule your showing today!
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William Raveis Real Estate
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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 | $211,600 | $211,600 | $211,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $251 | $251 | $251 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,408 | $1,406 | $1,814 |
Total Monthly Payment | $1,733 | $1,731 | $2,139 |
* 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.