Discover coastal bliss in this fully furnished third-floor beachfront studio at the Castaways Ocean Beach Resort in Daytona Beach Shores. This gem features beautiful tile flooring throughout, enhancing the modern and beachy feel. Featuring this unique back splash in the entryway and kitchen that comes equipped with a full refrigerator, range, and a breakfast bar. Step onto your private patio, where you can enjoy your morning coffee while watching the sunrise over the ocean. Feel the gentle sea breeze as you listen to the soothing sounds of the waves, making it the ideal space for relaxation.
Exciting enhancements are on the horizon, including a new beachfront pool and seawall, elevating your resort-style living experience. Enjoy an array of amenities right at your doorstep, including the Daytona Diner for casual dining, a fitness center to keep you active, and outdoor space for entertaining friends and family. The $507/month association fee covers water, sewer, trash, pool, grounds maintenance, pest control and much more! This unit is not just a home, it's a lifestyle! Plus, it's currently active as a short-term rental, offering you the flexibility to enjoy your beach getaway and generate additional income. All measurements are approximate and should be verified.
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Our Executive Mortgage Banker:
Our Insurance Division:
$180,000
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 | $144,000 | $144,000 | $144,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $93 | $93 | $93 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $995 | $957 | $1,214 |
Total Monthly Payment | $1,163 | $1,125 | $1,382 |
* 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.