Welcome to your dream ocean view condo in the heart of Daytona Beach! This stunning end unit features breathtaking panoramic views of the Atlantic Ocean from a spacious large balcony, ideal for morning coffee or sunset cocktails. Enjoy an open layout with abundant natural light and a comfortable Murphy bed, perfect for accommodating guests without sacrificing space. **All-Inclusive HOA: ** Monthly HOA fee covers all utilities, including electric, water, internet, cable, sewer, trash, exterior and interior common area maintenance – hassle-free living at its finest! Looking for a retreat or investment rental property, this fits both! Consider Daytona Beach! This popular vacation destination boasts strong rental demand due to its vibrant tourism industry. By using a 1031 exchange, you can take advantage of significant financial benefits, allowing you to defer capital gains taxes when reinvesting in properties like condos. This strategy not only maximizes your investment potential but also enhances your cash flow.
Take advantage of the beautiful Daytona Beach shoreline, local dining, and vibrant nightlife, all just steps away. Don’t miss out on this incredible opportunity to own a piece of paradise! Pirates Cove Condo Unit #527 is located in Daytona Beach, just 5. 6 miles from Ponce de Leon Inlet Lighthouse Museum and 10 miles from Daytona International Speedway. This property offers a private pool (pool should be open by December) and free private parking. The property is 1. 4 miles from Ponce Inlet Beach and within one mile of the city center. Ocean View Condo in Daytona Beach, FL – Perfect Coastal Retreat!**Schedule a showing today and experience the ocean breeze for yourself!
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Our Executive Mortgage Banker:
Our Insurance Division:
$159,900
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 | $127,920 | $127,920 | $127,920 |
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 | $37 | $37 | $37 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $851 | $850 | $1,097 |
Total Monthly Payment | $963 | $962 | $1,209 |
* 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.