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Motivated sellers are relocating and ready to move—don’t miss the opportunity to make this your new home for the new year.
A rare opportunity: a well-maintained home on a half-acre lot with big-ticket upgrades already taken care of for you. Welcome to 516 Donaldson Dr, a peaceful and well-maintained retreat situated on a spacious half-acre cul-de-sac lot in one of DeBary’s most established and inviting communities. With wide lots, mature landscaping, and golf-cart-friendly streets, this location offers comfort, privacy, and the relaxed Florida lifestyle so many buyers are seeking.
This home has recently been inspected, and the sellers have moved forward with several major improvements for the next owner’s peace of mind. A brand-new electrical panel is being installed, and a new drainfield is being provided — a significant upgrade for long-term efficiency and reliability.
Inside, the home features a warm and functional layout with both formal and casual living areas. The cozy family room with a wood-burning fireplace flows seamlessly into the all-season sunroom overlooking the extended patio into the elongated backyard, creating a natural indoor–outdoor transition ideal for entertaining or unwinding.
The kitchen includes granite countertops, roll-out shelving, and newer appliances such as a convection microwave (2023) and cooktop (2024). Fresh paint, new waterproof LVP flooring in the foyer, kitchen, hallway, and laundry, and plush carpeting with premium padding throughout the main living spaces ensure comfort and move-in readiness.
A standout feature is the 10' x 12' Tuff Shed (2021) — a durable, high-quality outbuilding engineered specifically for subtropical climates to withstand heat and humidity. It is designed with wide doors, adjustable ramps, and generous clearance, allowing you to easily drive your riding lawn mower inside, with plenty of extra space for tools, hobbies, or storage.
The expansive half-acre lot provides exceptional flexibility, including ample room to park your boat or RV, along with space for gardening, outdoor activities, or future enhancements.
With major system updates — roof (2020), HVAC (2017), and water heater (2017) — plus convenient proximity to I-4, parks, shopping, dining, and medical facilities, this home blends comfort, practicality, and Florida living perfectly.
This property has been carefully prepared and is ready for its next chapter.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$459,777
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $367,822 | $367,822 | $367,822 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | $47 | $47 | $47 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,088 | $2,203 | $2,933 |
| Total Monthly Payment | $2,210 | $2,325 | $3,055 |
* 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.