Immerse yourself in the coastal bliss of Daytona Beach with this charming oceanside condo for sale at 508-701 S Atlantic Ave. Perfect as a serenegetaway or a savvy investment opportunity, this studio layout condo combines functionality and style. The interior features a new refrigerator and a fresh (2023)AC system for your comfort. A stylish kitchen area, complete with a breakfast bar, transitions smoothly into a well-sized living and sleeping area, creating a cozyand inviting space. Step outside onto the large balcony and greet each day with breathtaking ocean views, setting the tone for tranquil mornings or sereneevenings. This condo is ideally located, allowing easy access to explore the vibrant neighborhood and enjoy the calm environment. Assessment paid by seller.
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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 | $157,600 | $157,600 | $157,600 |
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 | $182 | $182 | $182 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,062 | $1,047 | $1,329 |
Total Monthly Payment | $1,319 | $1,304 | $1,586 |
* 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.