Incredible coastal home that can double as an income producing property!! This exceptional 5-bedroom, 3-bathroom single-family residence WITH an in-law suite that is nestled on a spacious 0. 20-acre lot just steps to the Atlantic Ocean. This stunning property has been masterfully remodeled, boasting modern updates and an elegant design that promises comfort and style. The residence features not one, but three separate living spaces, making it an outstanding investment opportunity. Each space is beautifully appointed with brand-new, kitchens and bathrooms that exude a contemporary flair. The durable, water-resistant flooring throughout the home complements the updated electrical and plumbing systems, ensuring peace of mind for years to come. Enjoy the convenience of a brand new hot water heater and take comfort in knowing the roof is only one year old. Entertain with ease in the great bonus space or adapt the flexible floorplan to suit the needs of a growing or expanding family.
This home also offers two in-law or rental opportunities, including a detached suite complete with its own kitchenette. The spacious laundry room provides ample storage, enhancing the practicality of the layout.
Step outside to discover a beautifully retiled and resurfaced pool, perfect for enjoying the Florida sun. Situated in close proximity to the world-famous Daytona Beach, this home is a blend of functionality and indulgence, catering to both buyers and investors looking for a turnkey property in a prime location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,200 | $319,200 | $319,200 |
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 | $523 | $523 | $523 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,124 | $2,122 | $2,737 |
Total Monthly Payment | $2,722 | $2,720 | $3,335 |
* 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.