Discover the pinnacle of oceanfront luxury at The Peninsula Condominiums. Nestled on the coveted ''Golden Strand'' of Daytona Beach Shores, The Peninsula Condominium stands as a beacon of architectural beauty and refined living. Twice awarded as the best building in the Shores (2022 and 2023), this iconic structure boasts an impressive 23-story atrium with an indoor river and waterfall feature with a unique curved design setting a new standard for luxury. A condominium that encompasses all horizons uniting the entire southeast and southwest corners, this double-unit condominium offers unparalleled views of both the ocean and the Intracoastal Waterway. The owner's suite is a masterclass in design, featuring dual vistas, a custom walk-in shower, and a crescent moon-shaped walk-in closet that promises to captivate and inspire. Flexibility meets elegance. Originally a four-bedroom abode, the space has been transformed into a three-bedroom haven to accommodate a generous family room/dining room. The versatility of the layout allows for an easy conversion back to four bedrooms, catering to your evolving lifestyle needs. You will entertain in grand style with the wrap-around balcony extending from the living room to the kitchen, offering a seamless indoor-outdoor experience. Guests will revel in their own private balcony suite, while the owner's suite's double balcony presents a symphony of ocean and Intracoastal vistas. The epitome of coastal elegance with an open floor plan that maximizes every inch of space. New hurricane-impact windows and sliders frame the awe-inspiring views, while the spacious wet bar and eat-in kitchen with solid counters, breakfast bar, and island invite moments of culinary creativity. Amenities that elevate your lifestyle include an exclusive penthouse clubroom – a sanctuary for residents. The indoor heated pool, in-ground spa, expansive outdoor pool, grills, fitness center, billiards, ping pong, library, and card room offer a diverse array of leisure activities. The drive-on beach, as vast as a football field at low tide, beckons for driving, biking, and jogging adventures. A friendly pet condominium allowing two pets up to 20 pounds. With all assessments paid and a robust budget, the building's restoration shines as a testament to its enduring appeal. Location, location, location - proximity to shopping, dining, the historical Ponce de Leon Inlet Lighthouse, the Hard Rock Hotel, St. Augustine, and Orlando places you at the heart of Florida's most sought-after attractions.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,075,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $860,000 | $860,000 | $860,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $725 | $725 | $725 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,507 | $5,507 | $7,551 |
Total Monthly Payment | $6,357 | $6,357 | $8,401 |
* 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.