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Welcome to 34 1st Avenue in beautiful Palm Coast. Located just two blocks from the beach, this completely remodeled property presents an exceptional opportunity for investors, second home buyers, or anyone looking for a turnkey coastal property with income producing potential.
Currently operating as a successful Airbnb rental, this property offers the rare advantage of being fully furnished and set up for continued short term rental use. The sale includes a strong package of personal property and guest amenities, along with an established book of business and future rental income potential, creating a seamless transition for the next owner.
Included with the property are a golf cart, beach cruisers, kayaks with trailer, paddle boards, outdoor furniture, poolside lounge seating, and additional recreational items designed to complement the Florida beach lifestyle guests are looking for when visiting the area.
Enjoy the convenience of being only two blocks from the ocean, making it easy for guests and owners alike to spend mornings on the beach, cruise the neighborhood by golf cart, or enjoy nearby restaurants, shopping, and local attractions. Whether relaxing poolside, biking through the area, or spending the day on the water, this property is designed around the full coastal experience.
The interior and exterior have been thoughtfully updated to create a clean, welcoming, and functional beachside atmosphere. Every detail has been carefully put together to maximize comfort, convenience, and guest appeal.
Whether you are looking to expand your investment portfolio, purchase a vacation rental, or own a personal beach retreat with income potential, 34 1st Avenue offers a rare combination of location, updates, lifestyle, and turnkey rental opportunity.
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:
$525,000
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 | $420,000 | $420,000 | $420,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | $232 | $232 | $232 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,586 | $2,689 | $3,516 |
| Total Monthly Payment | $2,910 | $3,013 | $3,840 |
* 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.