GREAT INVESTMENT OPPORTUNITY!! This awesome 3BR/2BA/2CG concrete block home located in a very desirable Port Orange neighborhood was recently remodeled!! There is Porcelain tile flooring throughout, new kitchen & bathrooms, new interior doors, freshly painted, popcorn ceiling removed and more!! A brand new roof & gutters were installed in 2024 and a new HVAC system installed in 2021. The home has an open light & bright split bedroom floor plan. The new fully-equipped kitchen features a newer Hisense refrigerator & dishwasher, soft close wood cabinetry and a large island area boasting a beautiful butcher block countertop and bar seating. Relax in the inviting enclosed air-conditioned Florida room which overlooks the fully fenced back yard with stately mature shade trees and ample side yard for a boat or RV. There is also a separate covered patio which is great for BBQs and additional outdoor living space!! The fireplace is currently not operable, but can easily be converted to a wood burning, gas or electric option. This home is located in Flood Zone "X500". However, due to storm drainage flooding as a result of Hurricane Milton, the home had some recent water intrusion which was quickly addressed. For this reason, 2’ of the drywall throughout the home was removed starting at the flooring and all studs were treated with mold resistant chemicals. This area has been left open for the new owner to finish as desired. This home is centrally located with a great school district (A- and B+ schools) and NO HOA! It is a short drive to shopping at the Pavilion as well as the azure Atlantic Ocean and boat ramp access to the Intracoastal Waterway.
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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 | $239,920 | $239,920 | $239,920 |
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 | $269 | $269 | $269 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,616 | $1,595 | $2,023 |
Total Monthly Payment | $1,960 | $1,939 | $2,367 |
* 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.