This awesome home is a true paradise nestled in one of the most sought-after locations. Offering a perfect blend of elegance and comfort, this property presents an exceptional opportunity for those seeking a luxurious coastal lifestyle. This beautiful home boasts a charming Key West-inspired architecture, characterized by its stucco exterior and shingle roof. Landscaped front yard welcomes you as you approach the residence. The spacious backyard is a private oasis, featuring a screened rear patio area ideal for outdoor entertaining, relaxation, and creating lasting memories. Upon entering, you are greeted by an open and bright foyer that leads to the main living areas of the house. The expansive living room showcases volume ceilings, impact-resistant windows,
and an abundance of natural light, creating an airy and inviting atmosphere. The kitchen is equipped with stainless steel appliances, well-lit and ample cabinet space, built-in double trash bins and upgraded fixtures. Across the kitchen is an elegant dining area, perfect for hosting intimate dinners or large gatherings. The home offers a total of 3 bedrooms and 2 bathrooms, including a luxurious master suite featuring an ensuite bathroom and walk-in closet. Additional features of this residence include a dedicated carpeted home office, a tiled laundry room with ample shelving and storage throughout. Situated in a 55+ neighborhood, this home is less than 20 minutes away from the pristine beaches of Daytona Beach and all the recreational activities they provide. The area is known for its parks, and community amenities that are all within reach, making it an ideal location for families. Conveniently located near major highways and transportation. Don't miss the opportunity to make 322 Coral Reef Way your dream home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$477,477
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $381,982 | $381,982 | $381,982 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $359 | $359 | $359 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,541 | $2,539 | $3,221 |
Total Monthly Payment | $2,975 | $2,973 | $3,655 |
* 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.