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One or more photo(s) has been virtually staged. This home is offered below its certified appraisal of $1, 300, 000, presenting a rare opportunity in today’s market. Located in Daytona Beach Shores, where short-term rentals are permitted, it offers excellent Airbnb and investment potential. Custom built by the owner, a licensed subcontractor with an extensive portfolio of luxury estate projects throughout Volusia County, this residence showcases exceptional craftsmanship, attention to detail, and construction quality rarely found. Just steps to the beach, it is conveniently located near a handicapped-accessible beach ramp and vehicle access point. Built to commercial-grade standards, the home features solid poured-concrete walls on all four sides, extra rust-inhibited rebar, and poured concrete balconies and decks. A Sealoflex waterproofing system creates a seamless protective membrane. Additional engineering includes closed soffits for wind-load protection, spray-foam attic insulation with plywood decking, and underground electrical service. No hurricane damage has been reported since its 2008 construction. Recent upgrades include two new A/C systems and propane tankless water heaters (1 year old). The home is serviced by city water and sewer, and includes a high-quality audio and security system. Interior finishes are equally impressive, featuring Ipe (Brazilian walnut) wood flooring upstairs, travertine flooring downstairs, and extensive mahogany trim, cabinetry, plantation shutters, and solid wood doors throughout. Blue-board and authentic plaster walls replace traditional drywall, and bathrooms are finished in slate and shell stone. Coffered mahogany ceilings, custom millwork, and crack-suppressant flooring systems further elevate the home’s quality. Windows and doors include double-pane hurricane-impact Peachtree 140 Series windows, mahogany trim, plantation shutters, impact glass block, and Hafele hardware. Pocket doors are installed throughout. The layout includes 4 bedrooms, an office, game room, living and dining rooms, and 4 full bathrooms. Two bedrooms offer en-suite baths, while a first-floor en-suite provides direct pool access. The office features custom mahogany built-ins and heated granite accents. The chef’s kitchen includes Ecuadorian mahogany cabinetry, granite countertops, dovetail soft-close drawers, lazy Susans, spice racks, and pull-out pantries. The primary suite offers luxury finishes including custom cabinetry, electric fireplace, dual granite vanities, oversized jetted tub, and a large walk-in shower with copper pan and body sprays. Outdoor features include a resort-style pool with Olympic Gold travertine decking and coping, sealed pavers, a circular driveway, stainless steel exterior hardware, and cypress trim. The oversized 2-car garage features high ceilings suitable for car lifts.
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Our Executive Mortgage Banker:
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$1,075,000
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 |
|
|---|---|---|---|
| Loan Amount | $860,000 | $860,000 | $860,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.349% | 6.183% |
| Monthly Tax Payment | $568 | $568 | $568 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,156 | $5,295 | $7,257 |
| Total Monthly Payment | $5,849 | $5,988 | $7,950 |
* 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.