Situated on nearly half an acre of land in DeLand, this home presents a unique opportunity—a diamond in the rough just waiting to be polished. This 3-bedroom, 2-bathroom home, constructed in the beloved style of the 1950s, spans an impressive 3000 square feet under roof, offering vast potential for those ready to roll up their sleeves and bring their vision to life.
With its generous space and classic architecture, this fixer-upper is brimming with the promise of transformation. It’s a canvas for creativity, a chance to infuse modern style into a structure rich with history. The property’s large footprint hints at grand possibilities: expansive living areas, a large primary suite, a gourmet kitchen, or perhaps an all-encompassing renovation that intertwines the home’s mid-century charm with today's aesthetics.
The expansive lot provides an outdoor space that's equally ripe for reinvention—imagine a lush garden, a back deck, lap pool, or an outdoor entertainment area, all within the embrace of privacy and the Florida breeze.
1625 Old Daytona Road is more than just a home; it's a project that beckons those with an eye for design and a heart for restoration. Located close to the heart of DeLand, with easy access to local amenities, this property is an invitation to craft your dream home and leave your mark on a piece of Floridian heritage. Bring your imagination and your toolbox—your very own fixer-upper adventure awaits. ALL HIGHEST AND BEST OFFERS DUE: 11/25/2024
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:
$199,900
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 | $159,920 | $159,920 | $159,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $91 | $91 | $91 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,064 | $1,063 | $1,371 |
Total Monthly Payment | $1,230 | $1,229 | $1,537 |
* 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.