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Back on the market! Due to Buyers personal situation, you are welcome to now view this Beautiful Historic Riverside Home in Ormond Beach, Florida . . . Amazing Intracoastal River Views which Includes a 115' Waterfront Dock w/Boat Lift & Electricity . . . Built in the 1920's, 236 S. Beach Street offers the Perfect Blend of Historic Charm & Modern Energy Efficiency for a Total of 3135 LSF & 5370 TSF. . . The 1st Floor of the Main House has a Large Primary Bedroom Suite with Bathroom & a separate Guest Bath in the hallway, a Stunning & Spacious Kitchen, Large Dining Room, Cozy Great Room with a Fireplace and an Enclosed Front Porch for Endless Views of the River . . . Perfect for Entertaining & Quite Living … The 2nd Floor includes a 2nd Primary Bedroom with a Luxurious Bathroom & a 3rd Bedroom . . . Lots of Storage Opportunities, as well, with the 1120 SF Basement . . . This Ormond Beach Property includes the Main House with brand new roof & Hardi siding being installed, a Separate 2 Car 'Oversized' Garage which HAS a Fantastic Upstairs 2 Bedroom & 1 Bath Apartment that when not in use for friends & family, you have the opportunity to receive RENTAL INCOME. If desired, the apartment has separate electric and can be rented for part or all of the year. . . . Enjoy an early Sunrise Breakfast on either one of the '2 Outdoor Patios' or a Fun Evening Dinner & Drinks with Friends & Family . . . A Very Unique Opportunity offering Serene River Views ALL Day & EVERY Night . . . PLUS, The Atlantic Ocean is only 1. 5 Miles away … 236 S. Beach Street, Ormond Beach, Florida is 'Just Waiting For You' . . . Sea You at the Beach!
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Our Executive Mortgage Banker:
Our Insurance Division:
$979,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $783,200 | $783,200 | $783,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.750% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 5.858% | 5.787% |
| Monthly Tax Payment | $565 | $565 | $565 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,325 | $4,571 | $6,451 |
| Total Monthly Payment | $4,982 | $5,228 | $7,108 |
* 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.