Low-Maintenance Living at Pelican Bay! Step into the ease of condo life with this tranquil, second-floor 2-bedroom, 2-bath townhome in the esteemed gated golf course community of Pelican Bay. This home boasts captivating views, elegant wood flooring, and a versatile loft that can seamlessly transition into an extra bedroom, a sleek home office, or additional storage space. It features a dedicated parking space with ample guest parking. Exclusive community benefits include round-the-clock security and maintenance of common areas, a comprehensive monthly maintenance fee covering cable and Wi-Fi, and exterior upkeep for a truly hands-off homeownership experience. The prime location is nestled just minutes from Embry-Riddle Aeronautical University, Daytona's renowned beaches, and bustling shopping and dining hubs. Close proximity to major highways (I-4 and I-95) ensures you are never far from your destination. Ideal for academics, professionals, or anyone seeking tranquility and convenience, this condo is a prime choice for those desiring a connected, maintenance-free lifestyle in the heart of Daytona.
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:
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Our Executive Mortgage Banker:
Our Insurance Division:
$220,000
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 | $176,000 | $176,000 | $176,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $111 | $111 | $111 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,069 | $1,069 | $1,391 |
Total Monthly Payment | $1,255 | $1,255 | $1,577 |
* 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.