Under Construction. Under Construction. Presenting a unique chance to own two stunning New construction duplex homes (side by side), each offering 2, 085 square feet of luxurious living space. These spacious units feature 3 oversized bedrooms and 2. 5 baths on each side, thoughtfully designed with high-end finishes throughout. Perfect for a 1031 exchange! The custom kitchens are equipped with stainless steel appliances, flowing seamlessly into large living areas and dedicated dining spaces, perfect for entertaining. Upstairs, you'll find expansive bedrooms, including a master suite with a tray ceiling, a lavish master bath, and an oversized walk-in closet. The additional guest bedrooms are equally spacious and share a stylish second bath. Enjoy outdoor living with a large covered porch, ideal for relaxing or entertaining. Whether you're looking to live in one and rent the other, or rent out both, these units offer incredible income potential, with estimated rents of $2, 100 a side for a total of $4, 200 per Duplex or own both homes and make $8, 400 per month. Situated just minutes from major roads, shopping, dining, and the beautiful Flagler Beach, and surrounded by miles of biking and hiking trails, this location offers the perfect balance of convenience and outdoor adventure. Don’t miss out on this rare investment opportunity!
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:
$699,900
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 | $559,920 | $559,920 | $559,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $68 | $68 | $68 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,867 | $3,772 | $4,763 |
Total Monthly Payment | $4,027 | $3,932 | $4,923 |
* 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.