1575 Ocean Shore BOULEVARD, #1003, Ormond Beach, FL, 32176 | $488,000

Under contract-accepting backup offers. Welcome to Paradise! As you step into this luxurious oceanfront penthouse, you are greeted with stunning panoramic views of the sparkling Atlantic Ocean. This property boasts a 45ft private oceanfront balcony, spacious bedrooms and bathrooms, making it the perfect retreat for those seeking a peaceful and serene lifestyle. The interior of this penthouse is adorned with high-end amenities, including central air, ceramic floors, granite countertops, and building security system for added peace of mind. The master suite is a true oasis, complete with a walk-in closet and window treatments that allow for plenty of natural light to filter through. The dining room is perfect for entertaining guests, while the balcony offers a tranquil space to enjoy your morning coffee or watch the sunrise over watch the sunrise over the ocean. Outside, you will find a lush grass lawn, an in-ground pool, and a sea wall that provides privacy and security. The swimming pool is perfect for cooling off on hot summer days, while the underground sprinkler system ensures that the landscaping remains pristine year-round. An outdoor shower is perfect for rinsing off after a day at the beach, while the ocean views provide a constant reminder of the beauty that surrounds you. The property is equipped with hurricane windows and doors, ensuring that you are protected during inclement weather. Inside, the kitchen is a chef's dream, with a dishwasher, freezer, full refrigerator, microwave, and range/oven for all of your culinary needs. The 24/7 security and club house provide added amenities for your convenience, while garage parking and guest parking make hosting friends and family a breeze. Located between Ormond Beach and Flagler Beach, this penthouse is just two blocks from river access, where you can enjoy kayaking, fishing, and paddle boarding as you watch the sunset on the Intracoastal Waterway. The property is also close to great food, live music, dog parks, shopping, medical facilities airports, and the Orlando attractions, making it the perfect location for those seeking a vibrant and active lifestyle. Don't miss your chance to own this oceanfront paradise. With its luxurious amenities, breathtaking views, and convenient location, this penthouse is truly a one-of-a-kind property that offers the ultimate in coastal living. Schedule a showing today and make your dream of owning an oceanfront retreat a reality.

Features

  • Elevator: Y
  • Heating: Central, Heat Pump
  • Cooling: Central Air
  • Levels: 10
  • Amenities: Cable TV, Storage
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Other
  • Complex: AQUARIUS OCEANFRONT
  • Year Built: 1974
  • Approx Sq. Feet: 1,227
  • Acreage: 1.55
  • Est. Taxes: $6,128
  • Condo Fee: $1,098 Monthly
  • View: Water
  • Elem. School: Osceola Elem
  • Middle School: Ormond Beach Middle
  • High School: Seabreeze High School
  • Pet Policy: Yes
  • Appliances: Dishwasher, Ice Maker, Microwave, Range, Refrigerator
  • MLS#: FC299159
  • Days on Market: 55 days
  • Website: https://www.raveis.com
    /prop/FC299159/1575oceanshoreboulevard_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 6/16/2024 11:55:51 PM)
Listing courtesy of ADAMS, CAMERON & CO., REALTORS   Phone: 386-445-5595

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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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1575 Ocean Shore BOULEVARD, #1003, Ormond Beach, FL, 32176

$488,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $390,400 $390,400 $390,400
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.737% 7.055% 6.120%
Monthly Tax Payment $511 $511 $511
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,532 $2,565 $3,268
Total Monthly Payment $3,118 $3,151 $3,854

* 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.