Under contract-accepting backup offers. Short Sale. Seller may consider buyer concessions if made in an offer ~ Welcome to your own little slice of paradise! On a pristine ‘NO DRIVE’ section of the beach this 2BD/2BA unit has OCEAN VIEWS for days, fantastic AMENITIES and you are close to every CONVENIENCE! Your A/C was recently updated (2022/2023), the building has a NEW ROOF (2023/2024) and the cable, internet, water, sewer and trash are all included. This spacious unit has a flowing floor plan, TILE and WOOD LAMINATE FLOORS throughout, covered balcony and even has an assigned parking space! Both bedrooms have WALK-IN CLOSETS for ample storage and your primary bedroom features a private en-suite bath while the second bedroom easily accesses the second full guest bath. The COVERED BALCONY is the perfect place to start or end your day, kick back and enjoy breakfast with an ocean view or watch the sun go down with your favorite beverage. Ocean Watch is in the perfect location to take advantage of all that Ormond Beach has to offer, shopping, restaurants and entertainment and the building itself offers a social room, FITNESS CENTER, library, SAUNA, charcoal grills and of course the COMMUNITY POOL! With the Halifax River on one side and the Atlantic on the other there is endless opportunity for recreation and water activities. The ocean is calling - schedule your showing today and discover all that Ocean Watch and the city of Ormond Beach have to offer!
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Our Executive Mortgage Banker:
Our Insurance Division:
$199,000
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 | $159,200 | $159,200 | $159,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.508% | 7.171% | 6.392% |
Monthly Tax Payment | $340 | $340 | $340 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,086 | $1,058 | $1,354 |
Total Monthly Payment | $1,501 | $1,473 | $1,769 |
* 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.