100 MARINA BAY Drive, #205, Flagler Beach, FL, 32136 | $480,000

OCEAN VIEW END UNIT CONDO WITH BOAT SLIP - JUST REDUCED - MOTIVATED SELLER - Marina Bay condos are located between the Atlantic Ocean and the Intracoastal Waterway offering the best Florida has to offer! This FURNISHED condo includes ownership of your own private boat slip with 12, 000 lb. lift (slip #29) plus a detached 1-car garage. Amazing second floor location with ocean views from most rooms. Backing to the East for ocean breezes and views, the location is preferred due to its close proximity to the beach and pool access. The abundance of windows and open floor plan shed light throughout the condo. This tranquil and cozy 1368sf 3 bedroom 2 bath condo boasts ocean vistas with wrap around east facing balcony. Newly updated with new carpet in the bedrooms, new ceiling fans, new lighting, and more! At an amazing value, this furnished condo offers an inviting space with easy living. Minimum rental 30 days. $125 dock fees & $985 HOA fees, which includes water cable and Internet

Features

  • Parking: Detached
  • Heating: Central
  • Cooling: Central Air
  • Amenities: Boat Slip
  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Complex: Marina Bay
  • Year Built: 2000
  • Common Charge: $1,110 Monthly
  • Approx Sq. Feet: 1,368
  • Water Front: Yes
  • Appliances: Dishwasher, Disposal, Electric Oven, Refrigerator
  • MLS#: 2028572
  • Days on Market: 168 days
  • Website: https://www.raveis.com
    /prop/2028572/100marinabaydrive_flaglerbeach_fl?source=qrflyer
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Listing courtesy of COASTAL GATEWAY REAL ESTATE GROUP

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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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

100 MARINA BAY Drive, #205, Flagler Beach, FL, 32136

$480,000

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 $384,000 $384,000 $384,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,620 $2,552 $3,238
Total Monthly Payment $2,695 $2,627 $3,313

* 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.