Investment Opportunity Just 5 Minutes from Daytona Beach
Discover this remodeled gem strategically located just 5 minutes from the iconic Daytona Beach, ideal for those looking to invest in one of Florida’s most sought-after areas. This home combines modern style with comfort, making it an excellent option for long-term rentals, Airbnb, or vacation stays.
Key Details for Investors:
Prime Location: Just 8 minutes from top-tier shopping, dining, and entertainment, including the world-famous Daytona International Speedway.
Rental-Ready: Recent upgrades include new bathrooms, a kitchen with custom cabinetry, stainless steel appliances, and granite countertops.
Updated Systems: A 2-year-old air conditioning system and a 5-year-old roof ensure low maintenance costs.
New Windows: 14 brand-new windows enhance energy efficiency and curb appeal.
Exceptional Potential:
The property features a private, fully fenced backyard with no HOA restrictions, offering endless possibilities to add value with upgrades such as a pool, outdoor entertainment areas, or even additional units. Currently, there’s a shed on the property that can be used as a workshop or equipment storage.
No HOA Restrictions:
Enjoy the freedom to manage and customize this property as you see fit, whether for personal use, long-term rentals, or as a highly profitable vacation rental investment.
With its combination of prime location, modern upgrades, and flexibility, this home represents a unique opportunity for savvy investors looking to capitalize on the desirable coastal lifestyle.
Don’t miss out on this opportunity! Schedule your private tour today and start generating income with this Daytona Beach property.
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:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$224,499
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 | $179,599 | $179,599 | $179,599 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.421% | 6.644% |
Monthly Tax Payment | $140 | $140 | $140 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,210 | $1,225 | $1,552 |
Total Monthly Payment | $1,425 | $1,440 | $1,767 |
* 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.