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2-Bed Beach Bungalow on the Ormond Beach Peninsula, Steps to the Sand Looking for a turnkey beach place that's close to everything—and easy to own? Welcome to 7 River Dr in Ormond Beach, a renovated bungalow-style home on the Ormond Beach Peninsula, about 100 feet from the beach. The entire home was fully renovated in 2022/2023, so you can spend more time enjoying the coast and less time worrying about projects. It's the kind of spot where mornings are quiet, and you can hear the ocean from the back patio. Inside, you'll find 2 bedrooms, 2 bathrooms, and 920 sq ft of comfortable space with LVP flooring throughout. The brand-new kitchen features upgraded cabinets and solid surface counters, and both bathrooms were fully redone with custom tile, new vanities, and new showers. Out back, the home really lives big. A large composite deck and patio with outdoor lighting creates a private space to relax after the beach. Rinse off in the outdoor shower, then settle in for dinner under the the lights. There's also a 12x16 workshop in the backyard with the washer and dryerperfect for beach gear, bikes, tools, or a hobby space. Big-ticket updates and features include energy-efficient hurricane impact windows, 200-amp electrical service with solar, a brand new septic system and drain field, and a roof less than 10 years old. Need space for guests or toys? There's an RV hookup with 50-amp service. This home is being sold fully furnished, making it truly move-in ready. It also has a strong history of consistent Airbnb rentals, offering a great option for buyers who want a beach home that can help support itself through bookings. You're also close to daily needs and easy travel: about 7 minutes to I-95, plus shopping, dining, and recreation nearby. And with no HOA, you'll have more flexibility. Schedule your private showing and see how simple beach living can feel at 7 River Dr.
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Our Executive Mortgage Banker:
Our Insurance Division:
$360,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $288,000 | $288,000 | $288,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.292% | 5.648% |
| Monthly Tax Payment | $437 | $437 | $437 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,658 | $1,750 | $2,334 |
| Total Monthly Payment | $2,170 | $2,262 | $2,846 |
* 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.