82 Merrimac DRIVE, Flagler Beach, FL, 32136 | $139,000

Handyman Special in Surfside Estates! This fixer-upper double wide manufactured home will need a substantial amount of work before you can move into it, it may need a full rehab to bring it back to its once lovely condition. Seller has no knowledge of the condition of this property and is offering no warranty or repairs. It is being sold "AS IS" with the right to inspect, or you can tear it down and build your own manufactured home to suit your wants and needs. Building lots do not come available very often in Surfside Estates and this one would have a nice Intracoastal water view from your front porch! The listing price of this home takes into consideration the condition of the home and includes the land share buy-in to this resort style 55+ Resident Owned Community that is across the street from the beach! There is no lot rent when you purchase your home in Surfside Estates you own a share of this great beach side community. The HOA fee is currently $160/month and will go up to $180/month in January 2025. HOA fee includes Wi-Fi, internet, cable, lawn care, management, and use of all the facilities. There is a three story Clubhouse with fitness room, library, billiards area, large screen TV for all of your sporting events! There is an inground heated/cooled pool, shuffleboard and basketball courts and a rooftop deck. The Social Club offers many activities to get involved as much or as little as you like. Walk or ride your bike to the beach across the street or ride your golf cart to one of the two docks to enjoy fishing or just relax and enjoy sunsets as you watch the boats and dolphins go by. There is kayak storage, a BBQ pit and gazebo all with a view of the Intracoastal waterway. The quaint neighboring town of Flagler Beach is just a few minutes down the road, where you will find a variety of shops and restaurants to choose from. Just over the bridge you will find plenty of shopping, doctors and hospital. This is a cash only sale, all measurements and information deemed to be accurate. This is a great investment opportunity to own your own piece of paradise at the beach! Interior pictures coming.

Features

  • Amenities: Basketball Court, Clubhouse, Elevator(s), Fitness Center, Pool, Shuffleboard Court
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Outside
  • Style: Coastal
  • Year Built: 1979
  • Heating: Wall Units / Window Unit
  • Cooling: Mini-Split Unit(s)
  • Approx Sq. Feet: 960
  • Acreage: 0.09
  • Est. Taxes: $2,228
  • HOA Fee: $160 Monthly
  • Adult Communities: Yes
  • Pet Policy: Breed Restrictions, Dogs OK, Number Limit, Yes
  • Appliances: Electric Water Heater, Range, Refrigerator
  • MLS#: FC305210
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/FC305210/82merrimacdrive_flaglerbeach_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 11/15/2024 6:41:17 AM)
Listing courtesy of STILES REAL ESTATE CO.   Phone: 386-320-5530

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NMLS Mortgage Loan Originator ID 16953

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82 Merrimac DRIVE, Flagler Beach, FL, 32136

$139,000

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 $111,200 $111,200 $111,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment $186 $186 $186
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $759 $739 $938
Total Monthly Payment $1,020 $1,000 $1,199

* 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.