OCEANVIEW SOUTH FACING STUDIO WITH KITCEHNETTE and Balcony located at the Daytona Beach Resort. Brand new Shaw Luxury Vinyl Plank Flooring throughout. *NEW AIR CONDITIONING UNIT FEB 2024 *Comes fully furnished (appliances convey as well) and ready for you to enjoy yourself or use as an investment property. CALLING ALL INVESTORS- Minimum 1-Day Rentals, Choose your own Management Company, GREAT CAP. RATES. Current owners have great cleaning and handyman service that they can share to get you started if you plan to use as a rental. Enjoy South facing views of the Atlantic Ocean from your Balcony. The Daytona Beach Resort boasts great amenities which include: 2 OCEANFRONT POOLS, OCEANFRONT TIKI BAR/Fire Pit, Indoor Heated Pool, mini pool, 2 Hot Tubs, Sauna, Full Bar/Restaurant Space, Fitness Center and Laundry Facilities in Building. Rent Bikes to Ride on the Beach from the lobby! ENJOY SHOPS AND RESTAURANTS AT YOUR DOORSTEP - Located across from Bellair Shopping Plaza (Marshalls, Walgreens, Bealls, Five Below, Dollar Tree), Near PEABODY DAYTONA, Ocean Walk/Bandshell and less than 4 miles from Main Street. Enjoy the Andy Romano Beach Front Park just North of the condo. Please Note: Amenities currently closed while awaiting repair of the seawall that sustained hurricane damage. The current owner has paid the $8600 Seawall Assessment. This spacious studio with ocean views and beach access is waiting for you!
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Our Executive Mortgage Banker:
Our Insurance Division:
$100,000
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 | $80,000 | $80,000 | $80,000 |
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 | $140 | $140 | $140 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $539 | $532 | $675 |
Total Monthly Payment | $754 | $747 | $890 |
* 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.