2800 N Atlantic AVENUE, #501, Daytona Beach, FL, 32118 | $305,000

Welcome to the epitome of coastal luxury where the ocean's horizon is your daily panorama. This 2-bedroom, 2-bathroom unit is a treasure for investors and beach enthusiasts alike, promising an idyllic beachfront lifestyle or a profitable investment opportunity.

Indulge in the rarity of direct oceanfront living with the added convenience of underground parking, ensuring your vehicle is protected from the elements. This property stands out with its sun-friendly design; the Towers allow for year-round sunlight to grace the pool deck, inviting you to bask in the Florida sun at any season.

Boasting amenities that cater to every need, this community features an expansive clubhouse, perfect for social gatherings, a fitness room for health enthusiasts, a sauna for relaxation, and individual storage units for your beach gear or personal items. Full-time on-site management provides peace of mind and ease of living.

Location is key, and this unit delivers, situated close to Bel Aire Plaza and a selection of local eateries, ensuring entertainment and dining options are always at your fingertips. With the added benefit of a 1-month minimum rental policy, you have the flexibility to enjoy this unit as a seasonal getaway or leverage it as a lucrative rental property. This is more than a homeā€”it's a lifestyle waiting for you to embrace.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 16
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area
  • Complex: TOWERS
  • Year Built: 1964
  • Approx Sq. Feet: 1,058
  • Acreage: 2.43
  • Est. Taxes: $1,369
  • Condo Fee: $690 Monthly
  • Elem. School: Ortona Elem
  • Middle School: Ormond Beach Middle
  • High School: Seabreeze High School
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: FC302864
  • Days on Market: 43 days
  • Website: https://www.raveis.com
    /prop/FC302864/2800natlanticavenue_daytonabeach_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 11/5/2024 10:17:23 AM)
Listing courtesy of KELLER WILLIAMS REALTY ATL   Phone: 904-797-7442

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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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  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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2800 N Atlantic AVENUE, #501, Daytona Beach, FL, 32118

$305,000

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 $244,000 $244,000 $244,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.551% 7.159% 6.276%
Monthly Tax Payment $114 $114 $114
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,623 $1,622 $2,058
Total Monthly Payment $1,812 $1,811 $2,247

* 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.