Exclusive Intracoastal Estate Property with Ocean Views! This extraordinary 14-Acre Property boasts approximately 1, 000 feet of waterfrontage along the serene Intracoastal Waterway, specifically the Halifax River, providing breathtaking 360-degree views of the water, the pristine Ormond Beach, and the North Peninsula State Park. Located just 350 yards from the secluded Ormond Beach, the property grants access to pristine waters and untouched sandy shores, creating a tranquil coastal retreat. The strategic location ensures both unparalleled privacy—with only one residential property within a 1. 25-mile radius—and convenience, as downtown Ormond Beach, Palm Coast, and Daytona International Airport are all just a short drive away. This area is rich in amenities, offering a variety of fine dining, boutique shopping, renowned golf courses, and recreational options for those seeking a well-rounded coastal lifestyle. With a newer dock designed to accommodate large vessels and a "Rip-Rap" seawall for added protection, this property is a haven for water enthusiasts and sportfishing lovers. The location offers an easy, mostly full-speed trip to Matanzas Inlet, making it an ideal spot for fishing adventures.
For those looking to build their dream estate, an approved Development Agreement is in place, allowing for the construction of a vast primary residence, guest house, pool house, heliport, and utility storage building. Whether you are seeking a private retreat or a premier location for entertaining, this exceptional property offers an unmatched combination of privacy, luxury, and natural beauty, with sunrise and sunset views that are simply unparalleled. Call for additional information and a private tour.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,200,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,360,000 | $3,360,000 | $3,360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,793 | $20,688 | $29,733 |
Total Monthly Payment | $21,918 | $20,813 | $29,858 |
* 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.