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Welcome to carefree living in the prestigious gated community of Plantation Bay Golf & Country Club with tenant in place! This 3-bedroom plus loft, 3-bath maintenance-free townhome offers exceptional lakefront living with panoramic Grand Lake views and a tranquil fountain backdrop. Step inside through your private entry to an open, light-filled floor plan with tile floors throughout the main living areas. The chef's kitchen boasts 42-inch wood cabinetry, granite countertops, tile backsplash, and stainless-steel appliances, all overlooking the spacious dining and living areas. A sliding glass door opens to the screened lanai—the perfect place to relax and take in peaceful water views. The first-floor primary suite features a walk-in closet, serene lake views, and an ensuite bath with dual sinks and a tiled walk-in shower. A second bedroom and full bath are conveniently located on the main level, ideal for guests or a home office. Upstairs, discover a private junior suite complete with its own bath, walk-in closet, and expansive lake views, plus a loft/bonus area offering great flex space and a large storage closet. Additional highlights include a full laundry room, 2-car garage, and maintenance-free living with a sub-association that covers roof, lawn, pest control, and exterior maintenance. A tenant is currently in place through May 2026, making this an ideal turnkey investment opportunity. Enjoy the Plantation Bay lifestyle, with available membership options granting access to 45 holes of golf, a state-of-the-art fitness center and spa, tennis and pickleball courts, resort-style pools, a cabana bar, and two stunning clubhouses with dining and social events including new 30 million dollar Founders Clubhouse. Buyers of this home to receive a substantial discount on initiation fee at the club. Ask listing agent for details. Experience luxury, leisure, and lakefront tranquility in one of Ormond Beach's most desirable communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$369,900
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 |
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|---|---|---|---|
| Loan Amount | $295,920 | $295,920 | $295,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.156% | 5.415% |
| Monthly Tax Payment | $469 | $469 | $469 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,703 | $1,772 | $2,359 |
| Total Monthly Payment | $2,247 | $2,316 | $2,903 |
* 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.