486 Detroit TERRACE, Debary, FL, 32713 | $394,900

SELLER MOTIVATED - BRING US AN OFFER! LISTED AT 80K BELOW RECENT APPRAISAL! Dreaming about that waterfront life? Look no further…welcome to Saint Johns River Acres community! This AMAZING waterfront home is beautifully situated on a DEEP WATER CANAL barely 100 yards from the opening to the St. Johns River. PRICED 40K BELOW RECENT APPRAISAL!! Bring any sized boat and pull right up to the dock giving you the most amazing piece of river front property you will find with so much versatility, features, and best of all…. tranquility. This 1. 5 Acre waterfront lot features 100 feet of direct canal frontage, full boat dock with a floating portion of the dock, your own PRIVATE CONCRETE BOAT RAMP, even the most amazing custom built treehouse complete with power and A/C!! This is absolutely one of the most unique properties you will find with so much to offer. The main house sits quietly near the rear of the property surrounded by soaring mature oak trees and giving you the most majestic tree-lined canopy above. The house has just been fitted with NEW ROOF just a year ago, NEW HVAC SYSTEM, NEW WELL AND BRAND NEW SEPTIC JUST INSTALLED. As you walk up the stairs to the front door, you’ll find all living space on the 2nd floor, including a large living room, kitchen, 3 generously sized bedrooms, and a full bathroom. The living room and kitchen look out into the rear of the home giving you the most spectacular views of the water and bringing in tons of natural light. Enjoy the views, the tranquility, and the gorgeous Florida weather while sitting on the large screened in patio overlooking the backyard and the canal. On the bottom floor you’ll find an enormous enclosed garage space with workshop and tons of room and options for expanding. This space could easily be converted to more living space allowing for this home to nearly double in size. THIS IS ONE OF VERY FEW RIVER FRONT PROPERTIES THAT DID NOT FLOOD DURING THE STORMS. HIGH AND DRY!! Situated 22 feet in the air and right at the center of the property you will find a fully livable and enclosed CUSTOM BUILT TREEHOUSE with power, A/C, and picturesque views of this beautiful property. The home is located in a private river front community, nestled back beyond conservation, and although it offers privacy and rural type seclusion, it is still only 10 minutes from major shopping, restaurants, and nearby grocery stores. River life is the best life, and you will love being just minutes down the river from Blue Springs National Park, Swamp House River Front Grill, Lake George, Silver Glenn, and many other amazing St Johns River spots. Bring the boat, bring all the motorized toys, bring the RV, you can have it all…. right here on Detroit Terrace.

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 1 full
  • Lot Size: 100 x 663
  • Laundry: Inside
  • Style: Traditional
  • Year Built: 1980
  • Garage: 1-car Boat, Circular Driveway, Open, Oversized, Workshop in Garage
  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • Approx Sq. Feet: 1,056
  • Acreage: 1.5
  • Lot Size: 100 x 663
  • Est. Taxes: $4,560
  • Lot Desc: City Lot, Level, Street Dead-End, Zoned for Horses
  • View: Water
  • Elem. School: Debary Elem
  • High School: Deltona High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: O6134550
  • Days on Market: 161 days
  • Website: https://www.raveis.com
    /prop/O6134550/486detroitterrace_debary_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 5/16/2024 4:09:09 PM)
Listing courtesy of ENGEL & VOLKERS NEW SMYRNA   Phone: 386-213-6899

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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486 Detroit TERRACE, Debary, FL, 32713

$394,900

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 $315,920 $315,920 $315,920
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 7.945% 7.133% 6.256%
Monthly Tax Payment $380 $380 $380
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,155 $2,100 $2,664
Total Monthly Payment $2,610 $2,555 $3,119

* 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.