OCEAN-VIEW CONDO WITH NO LEASE RESTRICTIONS! This south-facing, one-bedroom condo with a full kitchen and walkout balcony is located within the desirable Daytona Beach Resort. This stylish unit showcases brand-new luxury vinyl plank flooring throughout, providing a modern and sophisticated aesthetic. Fully furnished and equipped with all appliances, this condo is move-in ready and an ideal opportunity for either personal use or as an income-generating rental.
With minimum 1-day rentals permitted and the flexibility to select your own management company, this property offers attractive income potential and the opportunity for impressive capitalization rates. The Daytona Beach Resort boasts an impressive array of amenities, creating an exceptional resort-living experience. Enjoy access to two oceanfront pools, a kid-friendly pool, an oceanfront Tiki bar, and a fire pit for ultimate relaxation. For indoor enjoyment, the resort features a heated pool, two hot tubs, a sauna, and a bar/restaurant. A fully equipped fitness center and laundry facilities are also available on-site, enhancing the convenience and comfort of your stay. Additionally, the resort offers bike rentals, perfect for exploring the scenic beachfront at your own pace.
Positioned directly across from Bellair Shopping Plaza, which includes popular retailers like Marshalls, Walgreens, Bealls, Five Below, and Dollar Tree, this location provides unparalleled convenience for all shopping and dining needs. Whether you are seeking a vacation haven or a savvy investment, this property presents a compelling blend of lifestyle and opportunity.
Don’t miss the chance to own this exceptional unit—schedule your private showing today!
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$140,000
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 | $112,000 | $112,000 | $112,000 |
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 | $145 | $145 | $145 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $745 | $744 | $960 |
Total Monthly Payment | $965 | $964 | $1,180 |
* 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.