Welcome to the charming European Village Condo located in the heart of Palm Coast. This exclusive 3rd-story unit offers a unique opportunity to experience the perfect blend of comfort and convenience. With two separate units, each featuring one bedroom and one bathroom, this condo is ideal for those seeking a cozy retreat with a touch of elegance. Unit B has two queen size beds. One of the highlights of this exceptional condo is its prime location within the European Village. Immerse yourself in the vibrant atmosphere as you step outside and explore a world of culinary delights and entertainment options. Indulge in the culinary offerings of various restaurants, catering to a range of tastes and preferences. If you're a fan of shopping, you'll be delighted by the boutiques and shops just a stone's throw away. And for those seeking a bit of excitement, live music performances on weekends provide the perfect soundtrack to your evenings. Not only does this condo offer an exceptional living experience, but it also presents a fantastic investment opportunity. Take advantage of the option to lease the condo for short-term rentals (STR), allowing you to generate income while sharing the beauty of Palm Coast with visitors from near and far. The condo is currently rented separately. Interior freshly painted. New A/C, Hot water heater.
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Our Executive Mortgage Banker:
Our Insurance Division:
$225,000
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 | $180,000 | $180,000 | $180,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $157 | $157 | $157 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,198 | $1,196 | $1,518 |
Total Monthly Payment | $1,430 | $1,428 | $1,750 |
* 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.