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Under Construction. Welcome to your luxurious residence in the brand-new, elevated condominium community of Bailey By The Sea, located directly across from the beach. This meticulously designed development embodies the essence of upscale coastal living, offering a comprehensive array of features tailored to meet your every need. This unit is the Wavecrest floor plan that spans four floors and encompasses 2, 586 square feet of living space, complete with multiple patios with views. Upon entering through the double doors, you are greeted by an elegant foyer that provides access to a two-car garage and a versatile bedroom or flex space, complete with its own ensuite bathroom. Ascend through the four levels via your private elevator, leading you to the main living area on the second floor. This level features a well-appointed designer kitchen that overlooks the dining area and great room, as well as a dedicated study area for your convenience. Step outside to the open porch and enjoy the refreshing sea breeze. The third floor houses an additional bedroom, a laundry room, and a primary suite. The primary suite is a true retreat, offering an oversized walk-in closet and an ensuite bathroom equipped with dual sinks and a shower. Notably, the suite features a balcony that provides stunning views right from your bed. The crowning jewel is the fourth floor, which boasts two sky decks bathed in the enchanting sunrises of Florida's East Coast. This space includes a built-in outdoor kitchen, making it ideal for entertaining guests. A great room located between the two sky decks, along with a half bathroom, adds to the convenience and enjoyment of this upper level. The indulgence extends throughout the fully gated community of Bailey By The Sea, which features a resort-style pool and deeded BEACH ACCESS. This community comprises a total of 32 units, with living spaces ranging from 2, 554 to 2, 793 square feet, available in four distinct floor plans and three exquisite design schemes. Situated between Daytona Beach and Flagler Beach, Ormond Beach offers a plenty of dining, shopping, and entertainment options. Enjoy a leisurely stroll through downtown Ormond Beach for a small-town atmosphere, or explore the natural trails and fishing dock at Michael Crotty Bicentennial Park. This is the elevated Florida lifestyle you have been seeking—don’t miss the opportunity to make this extraordinary condo your home. (Photos being used could vary depending on floor model and design package)
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,766,238
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 | $1,412,990 | $1,412,990 | $1,412,990 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.353% | 6.121% | 6.038% |
| Monthly Tax Payment | $1,441 | $1,441 | $1,441 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,134 | $8,472 | $11,828 |
| Total Monthly Payment | $9,700 | $10,038 | $13,394 |
* 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.