Coastal gem nestled in between the Atlantic Ocean and the Intracoastal in desirable Ormond by the Sea. Newly built in 2021, this home comes with a Home Warranty putting your mind at ease. Let this low maintenance home work for you, short term rent 12X a year (once every 30 days) or rent for special events only like Bike Week, Biketoberfest, The Daytona 500 or any one of the Major events. Featuring an open floor plan, neutral tones, plantation shutters, and dimmer switches throughout, this home combines functionality with coastal elegance. Open the triple slider to extend your entertaining space into the completely fenced backyard oasis featuring beautifully laid pavers that create a seamless flow for entertainment and relaxation. The covered pergola offers shade, perfect for al fresco dining. The outdoor shower is perfect for rinsing off after a day at the beach, fishing or boating. There are endless opportunities for outdoor adventures, from kayaking, fishing, surfing or enjoying the dog park only 2 miles away. Imagine sunrises over the ocean, colorful sunsets over the Intracoastal, and gentle ocean breezes all day long.
No HOA fees or Flood Insurance required. Perfectly situated in-between two two-story homes and equipped with vinyl thermal hurricane windows and sliders, you are protected during hurricane season. Schedule your tour today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$456,000
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 | $364,800 | $364,800 | $364,800 |
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 | $488 | $488 | $488 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,458 | $2,425 | $3,076 |
Total Monthly Payment | $3,021 | $2,988 | $3,639 |
* 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.