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This is NOT your typical listing… this is a full-on lifestyle compound. Solid brick 3 bedroom, 2 bath home with a 2 car garage PLUS a separate brick structure featuring two oversized bays with soaring ceilings ideal for lifts, including car lifts, storage, or large-scale projects, including a 1, 000+ sq ft fully functional apartment and an incredibly deep garage ideal for car enthusiasts, collectors, hobbyists, or anyone needing substantial space. The outdoor living is next level… fully fenced backyard with an in-ground pool, built-in brick pizza oven, wrap-around brick seating wall, custom planters, expansive patio made for entertaining, outdoor shower, and a screened porch off the main home perfect for covered outdoor dining. Set on a sprawling corner lot just shy of 1/3 acre with TWO separate driveways, this property offers room for everything… your toys, business vehicles, in-laws, collections, and more, with ample space to add additional fencing or gated access for your vehicles, equipment, and other prized belongings. Brand new roofs on both structures, new hot water heater, and professionally landscaped. No HOA, no flood insurance required, low HOI, and no known flood history. Located just minutes from everything Ormond Beach has to offer… top-rated schools, dining, shopping, the Intracoastal, and the beach just a hop, skip, and a jump away. This is more than a home… it is a rare opportunity to own a truly versatile, income-producing property designed to fit the way you live. Information is deemed reliable but not guaranteed and should be independently verified by buyer and buyer’s agent.
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Our Executive Mortgage Banker:
Our Insurance Division:
$536,829
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 | $429,463 | $429,463 | $429,463 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.520% | 5.900% |
| Monthly Tax Payment | $576 | $576 | $576 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,575 | $2,679 | $3,538 |
| Total Monthly Payment | $3,243 | $3,347 | $4,206 |
* 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.