DIRECT OCEANFRONT, 4th floor middle tower, shared balcony, recently remodeled, and fully furnished! This one checks ALL the boxes and is an absolute must see if you are considering DBR as an investment. This unit has been well taken care of and used as a second home part-time. Whether you are looking for an investment property or a place to retreat to for some rest-n-relaxation, this unit is an excellent choice.
Daytona Beach Resort is an extremely popular building with 3 oceanfront pools, mushroom waterfall for the kids, indoor heated pool option, two jacuzzies, sauna, fitness center, outdoor firepit, tiki bar, indoor restaurant and SO much more! Being within walking distance to local dining, shopping and grocers makes it a top choice for the area.
Condo dues for this unit are $733/month and include ALL expenses including: electricity, cable, internet, water, trash, exterior maintenance, common areas, and pools.
All information in this listing is intended to be accurate but cannot be guaranteed. Buyers/agents to perform due diligence.
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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 | $135,920 | $135,920 | $135,920 |
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 | $157 | $157 | $157 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $904 | $903 | $1,165 |
Total Monthly Payment | $1,136 | $1,135 | $1,397 |
* 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.