240 Coral Reef WAY, Daytona Beach, FL, 32124 | $428,900

One or more photo(s) has been virtually staged. Best priced 2 Bed Caicos Villa in Margaritaville . Here is you chance to live that Latitude Lifestyle and change your attitude. Margaritaville is a lifestyle. Enjoy the Florida you have been dreaming about. In Phase One you can walk to the restaurants, shops and amenities and have the security of the manned gated entrance. This community was designed with leisure and active lifestyle in mind . This is a resort community the walking and biking trails, pools, fitness center, a Town Center, restaurant and tiki bar, business center, tennis , pickleball courts, retail shopping, and a band shell with entertainment . The home sits with no rear neighbor and a screened patio for relaxing and enjoying the out doors. The floor plan offers a 2 car garage and features 2 bedrooms and a den. The den can be used as a spare bedroom or for hobbies or work from home. The open floor plan features luxury vinyl plank and a designated dining space along with ample counter space and kitchen any cook would die for. The home is a split floor plan with a designated den. the laundry is inside the home and there is plenty of space for storage and with a 2 car garage. Upgrades include privacy blinds in each room, powered remote control shade for sliding glass door, 8 Foot doors , recessed lights , exterior motion light , French doors , above cabinet lights and lanai shades. The bathroom feature a shower seat . The best part is you are close to the beach. the interstate and there are so many shopping options. You are quick drive to St Augustine and Orlando

Features

  • Amenities: Pickleball Court(s), Recreation Facilities, Security
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Room
  • Year Built: 2018
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,606
  • Acreage: 0.1
  • Est. Taxes: $3,209
  • HOA Fee: $355 Monthly
  • Adult Communities: Yes
  • Elem. School: Champion Elementary School
  • Middle School: David C Hinson Sr Middle
  • High School: Mainland High School
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: O6239732
  • Days on Market: 29 days
  • Website: https://www.raveis.com
    /prop/O6239732/240coralreefway_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 11/14/2024 12:15:29 AM)
Listing courtesy of PREMIUM PROPERTIES R.E SERVICE   Phone: 407-380-2800

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

240 Coral Reef WAY, Daytona Beach, FL, 32124

$428,900

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 $343,120 $343,120 $343,120
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment $267 $267 $267
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,341 $2,280 $2,894
Total Monthly Payment $2,683 $2,622 $3,236

* 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.