One or more photo(s) has been virtually staged. We are pleased to present this investment opportunity in Flagler County. This duplex is 2, 622 SF total and is located on an oversized 14, 258 SF lot (. 33 Acres). Currently tenant-occupied 6-12 month leases. You can rent out both units for the income or live on one side and rent the other. The duplex home also offers a unique opportunity for multigenerational living, perfect for accommodating extended family while maintaining privacy. The units are fully firewall separated to facilitate future splitting into separate deeded properties as desired. Each of the two units has 1, 311 SF of living space along with a 499 SF two-car garage and a 158 SF covered and tiled lanai with ceiling fan. The floor plan features an open living area with cathedral ceilings (10'-13'), recessed lighting and a large ceiling fan. The units have eight-foot doors and ten-foot ceilings throughout with a tray ceiling in the master bedroom. Each bedroom includes an installed ceiling fan. The master bath has a cultured marble vanity top and a tiled walk-in shower with a glass enclosure. The second bath has a cultured marble vanity top and a tiled tub/shower. The kitchen is finished with quartz countertops and a tile backsplash. Appliances include a Samsung washer and dryer installed in the two-car garage. The garage also features an electric door opener, pull-down attic stairs and an epoxy-coated floor. The property is centrally located in Palm Coast with convenient access to Palm Coast Parkway, US-1 and Belle Terre Blvd and is within five miles of I-95.
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$599,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $70 | $70 | $70 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,228 | $3,185 | $4,041 |
Total Monthly Payment | $3,390 | $3,347 | $4,203 |
* 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.