3501 S Atlantic AVENUE, #5200, Daytona Beach Shores, FL, 32118 | $185,000

**PRICE DROP**Welcome to your slice of paradise in the heart of Daytona Beach! Nestled in the heart of Daytona Beach, this charming condo-tel is undergoing an exciting transformation into a full-fledged resort, complete with an upcoming on-site restaurant to elevate your experience. Step onto your private balcony and soak in breathtaking views of the sparkling Atlantic Ocean. Pirate's Cove puts you just steps away from the sandy shores, offering unparalleled access to the best of Daytona Beach. This exquisite condo-tel in Pirate's Cove offers a unique blend of coastal charm and luxury views, making it the perfect investment opportunity or vacation getaway. With the option for short-term rentals, this property serves as both a delightful vacation home and a lucrative investment. Take advantage of the opportunity to generate income while savoring the beach lifestyle. With the forthcoming restaurant, Pirate's Cove is poised to become a sought-after resort destination. Seize the chance to be a part of the Pirate's Cove transformation! Contact us today to schedule a viewing and secure your place in this evolving resort community

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Mini-Split Unit(s)
  • Levels: 8
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area
  • Complex: PIRATES COVE CONDO
  • Year Built: 1973
  • Approx Sq. Feet: 385
  • Acreage: 1.28
  • Est. Taxes: $442
  • Condo Fee: $425 Monthly
  • View: Water
  • Pool: In Ground
  • Pet Policy: No
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Electric Water Heater, Microwave, Refrigerator
  • MLS#: NS1080837
  • Days on Market: 169 days
  • Website: https://www.raveis.com
    /prop/NS1080837/3501satlanticavenue_daytonabeachshores_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/25/2024 2:03:43 PM)
Listing courtesy of WINSLOW HOMES   Phone: 386-690-5858

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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3501 S Atlantic AVENUE, #5200, Daytona Beach Shores, FL, 32118

$185,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $148,000 $148,000 $148,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $37 $37 $37
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,022 $997 $1,259
Total Monthly Payment $1,134 $1,109 $1,371

* 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.