Investor Opportunity! Discover this highly desirable top-floor condo in The European Village, featuring four individual units that blend style and functionality. Updated with sleek tile flooring throughout, the condo is enhanced by high vaulted ceilings that create an open, airy ambiance. The kitchenette in each unit is thoughtfully equipped with a built-in double burner and refrigerator, ensuring convenience for all occupants. Two of the units boast private balconies, perfect for enjoying the vibrant atmosphere and live entertainment that The European Village is known for. Additionally, two units feature the added luxury of bidets. A shared washer and dryer closet in the main hallway adds to the convenience, while the new tile roof installed in 2022 ensures long-term peace of mind. Parking spaces are available for purchase, though not included, and all units are currently tenant-occupied, making this a ready-made investment opportunity. The HOA covers basic cable, HBO, and WiFi, adding even more value to this already appealing package. Located just downstairs are a variety of restaurants, shops and the Sunday Farmers Market. Located in Palm Coast within Flagler County, which is known for its golf courses, stunning beaches, and extensive walking and biking trails. This condo offers the perfect blend of comfort, convenience, and lifestyle. Don’t miss out on this exceptional investment, seize the chance to own a piece of European Village’s charm!
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Our Executive Mortgage Banker:
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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 | $359,920 | $359,920 | $359,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $376 | $376 | $376 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,395 | $2,364 | $3,035 |
Total Monthly Payment | $2,846 | $2,815 | $3,486 |
* 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.