22 Magnolia DRIVE S, #22, Ormond Beach, FL, 32174 | $264,900

GOLF COURSE FRONT, beautifully updated condo located in GATED, golf cart friendly community of Plantation Bay. This 3 bedroom, 2 bath, OPEN plan is anchored on lake and golf course and ready for new owner. Walk through your private front door into the Family Room. Finished with 2 sets of sliders, TILE floors, views out to lanai and golf course. Opens onto Dining Room with tile floors, crown molding. All flows into Kitchen with white cabinets, TILE floors, full appliance set, GRANITE countertops, lots of natural light and breakfast bar. Main Master Bedroom has vinyl flooring, large closet, sliders out to lanai, en-suite bath. Master Bath has new granite vanity, tile tub/shower combo. Bedroom 2 is like a junior suite with large closet, vinyl flooring, slider out to lanai. Connects to Bath 2 with GRANITE countertop, TILE walk-in shower. Interior completed with laundry room and large storage closet. All flows out to large screened lanai with STUNNING views! long lake and golf course views to enjoy the beauty of Florida. Unit has 1 covered, assigned parking and plenty of additional spaces for parking. Excellent location with walking distance to amenities, easy access in and out of community, and surrounded by walking trails. All located in golf cart friendly, optional amenities community of Plantation Bay. Country club membership to include 45 holes of golf, tennis, pickleball, BRAND NEW $30 million Founders Clubhouse, 2 pools, fitness/spa center, cabana area, additional clubhouse and full lifestyle calendar! Buyers of this home to receive a substantial discount on initiation fee at the club. Ask listing agent for details. Beautifully updated, nicely appointed condo ready for new owner!

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Basketball Court, Clubhouse, Fence Restrictions, Fitness Center, Gated, Golf Course, Maintenance, Optional Additional Fees, Park, Pickleball Court(s), Playground, Pool, Security, Tennis Court(s), Trail(s)
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside
  • Complex: PLANTATION BAY
  • Year Built: 1988
  • Common Charge: $297 Quarterly
  • Approx Sq. Feet: 1,300
  • Acreage: 0.04
  • Est. Taxes: $926
  • Condo Fee: $396 Monthly
  • Lot Desc: Landscaped, On Golf Course, Sidewalk
  • View: Golf Course, Trees/Woods, Water
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Dishwasher, Microwave, Range
  • MLS#: FC303827
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/FC303827/22magnoliadrives_ormondbeach_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 9/19/2024 6:49:59 PM)
Listing courtesy of VENTURE DEVELOPMENT REALTY, INC   Phone: 386-366-0091

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22 Magnolia DRIVE S, #22, Ormond Beach, FL, 32174

$264,900

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 $211,920 $211,920 $211,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $77 $77 $77
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,288 $1,288 $1,675
Total Monthly Payment $1,440 $1,440 $1,827

* 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.