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Discover the rare opportunity to own a true estate property in the sought-after, guard gated community of Pelican Bay. Situated on one of the biggest oversized lots in the community, with peaceful creek views, 576 Pelican Bay Dr. delivers the space, privacy, and potential that are nearly impossible to find in today's Daytona Beach market. This expansive residence offers an impressive footprint, perfect for buyers who want room to spread out and make updates as you see fit. Much of the interior remains in its original condition, giving you a clean slate to customize exactly to your taste. And for peace of mind, a brand-new roof will be installed for the new buyer, adding major value right out of the gate. Inside Pelican Bay, you'll enjoy 24/7 guard-gated security, well-kept grounds, and the serene, tree-lined streets the community is known for. Pool and golf memberships are available as well. This is a chance to secure a large home on a large lot in one of Daytona Beach's most respected gated communities while building immediate equity as you update it to your personal style. Step out your back door and take in the tranquil creek setting, ideal for nature lovers or anyone who appreciates a quiet, private backdrop. Location is another major win. You're just minutes to: I-4 and I-95 for quick access anywhere in Central Florida, Daytona International Airport, the beaches and boardwalks of Daytona, the Pavilion and the Volusia Mall for shopping and dining, Daytona International Speedway and endless entertainment, golf, parks, and coastal activities. Homes with this combination of space, security, and location rarely come available.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$539,000
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 | $431,200 | $431,200 | $431,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $311 | $311 | $311 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,582 | $2,690 | $3,552 |
| Total Monthly Payment | $2,985 | $3,093 | $3,955 |
* 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.