*See Virtual Tour for better angles and photos* One of the LOWEST priced 3 bedroom, 3 full-bathroom BEACH-FRONT Condos in beautiful Daytona Beach Shores! See in person, and you will quickly realize the wonderful tri-split floor plan utilized space so well, that you will think it is larger than it is! Recently renovated from floor to ceiling! Enjoy breathtaking views of both the BEACH and the intercoastal, Halifax River! With this corner unit, from 2 of the bedrooms you can wake up looking at the ocean from your bed and from the 3rd bedroom, with triple window, you can enjoy the sunsets over the Halifax River! 3 month minimum rental regulations. There is ample outdoor space to entertain your guests! Enjoy the community pool, gym, sauna, and this building comes with plenty of extra parking. Renovations/updates have been done by the previous owner between 2018 and 2021 which include knockdown ceilings, new 8’ sliding glass doors, new kitchen and bathrooms, with all new toilets, sinks, interior doors, trim, and crown molding, and more! Current owner purchased most of the furniture new, which is negotiable. This property is turn-key and ready to be your new home! Come take a tour today! ** Starting 2025, all high-rise condos in Florida will be required to have fully funded budgets. This well managed condo association voted to start the fully funded budget this year, 2024. This is reflected in the current HOA fee, so this building will be that much more prepared! From the seawall to the street, this WELL-MANAGED and WELL-MAINTAINED building had no structural damage during the 2022 and 2023 hurricanes. Building has also undergone many recent renovations, which started 2021 and previously funded, including new elevators, balcony renovation and freshly painted building, interior common area renovations, and parking lot renovations and more which are almost finished.
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Our Executive Mortgage Banker:
Our Insurance Division:
$435,990
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 | $348,792 | $348,792 | $348,792 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $438 | $438 | $438 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,379 | $2,318 | $2,943 |
Total Monthly Payment | $2,892 | $2,831 | $3,456 |
* 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.