99 Bay Lake DRIVE, Ormond Beach, FL, 32174 | $399,880

*** Potential Short Sale *** Located in the Bay Isle neighborhood of Plantation Bay gated golf community of Ormond Beach Florida. Situated on a beautiful cul-de-sac lot. This 3-bedroom, 2-bath block home boasts an open floor plan with separate formal living and informal family areas.

Enjoy relaxing or entertaining in the spacious enclosed patio with no neighbors behind you for added privacy. Imagine waking up to nature views in your backyard with a designated fenced area that is perfect for your family or furry friends to play safely.

Get ready to live the Florida Lifestyle when you choose this home. Walk or bike around all of the central ponds and fountains. Sit on a bench to take a rest while enjoying the many water views.

Two clubhouses. A poolside Cabana bar for you to enjoy drinks and food as well as a great place to meet your neighbors.

State-of-the-art fitness, pool and spa complex. Separate wellness center. 10 Har-Tru tennis courts in addition to 4 Pickleball courts, 2 Bocce and basketball courts. Three championship golf courses.

Nearby is the historic Ormond Beach Scenic Loop and Trail which can take you to the river or the ocean.

With a motivated seller offering this gem under market value, now is the perfect time to make this house your home sweet home! Priced for a quick sale.

All measurements are approximate. All information should be verified by the buyer.

Features

  • Amenities: Gated, Golf Course, Pool, Security
  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Year Built: 2004
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,931
  • Acreage: 0.32
  • Est. Taxes: $5,468
  • HOA Fee: $297 Quarterly
  • Pet Policy: Yes
  • Appliances: Microwave
  • MLS#: NS1081108
  • Days on Market: 59 days
  • Website: https://www.raveis.com
    /prop/NS1081108/99baylakedrive_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 6/2/2024 2:41:54 AM)
Listing courtesy of CENTURY 21 SUNDANCE REALTY   Phone: 386-441-2000

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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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99 Bay Lake DRIVE, Ormond Beach, FL, 32174

$399,880

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 $319,904 $319,904 $319,904
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 8.011% 7.171% 6.538%
Monthly Tax Payment $456 $456 $456
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,210 $2,126 $2,743
Total Monthly Payment $2,741 $2,657 $3,274

* 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.