Seller to offer $5, 000 in closing costs assistance to buyer at closing with acceptable offer. Just six houses and a short half a block from the World's Most Famous Beach sits this character-filled beach bungalow with plenty of space for a family or to be used as a great second home or rental. Starting with a charming front porch where you can enjoy the ocean breezes, you walk into a home with original, gleaming hardwood floors, a spacious living room for your guests, an eat-in kitchen with stainless appliances, sleek corian countertops, original heart of pine floors, plenty of cabinetry including a pantry cabinet, original built-ins that offer extra storage, tons of natural light (and new blinds in many of the windows), and three bedrooms, which is hard to find on the beachside. This home features a large family room with a stone fireplace and a wood panel ceiling that offers a quiet respite at night or in the morning - or a great place to comfortably entertain guests or have your Christmas tree by the fireplace. Out back you will find a sizable yard with a wood deck for your barbeques and a fenced yard for your pets. This home contains three bedrooms, two full bathrooms, and the third bedroom and its adjoining bath is part of a split floorplan, allowing for extended family or guests to have full privacy. With a newer roof, newer windows throughout, a newer AC, a newer hot water heater, and all the maintenance taken care of by the owners who have loved this property, all you need to do is move right in, and start enjoying your walks and bike rides to the beach. Storage is available in the concrete block shed, as well as an attached storage room at the back of the home, where you can easily add AC if desired. On the cusp of the Ocean Dunes historic district, this property is a short bike or car ride over the Silver Beach area bridge to the downtown area of Daytona Beach, with its shops, coffee shops, restaurants, and beautiful, new, waterfront park known as the Esplanade. All information taken from the tax record, and while deemed reliable, cannot be guaranteed.
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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 | $319,920 | $319,920 | $319,920 |
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 | $138 | $138 | $138 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,155 | $2,126 | $2,698 |
Total Monthly Payment | $2,368 | $2,339 | $2,911 |
* 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.