SPECTACULAR unobstructed views from this beautiful BEACHFRONT home located on quiet, no-drive beach in the desirable and relaxing town of Ormond-by-the-Sea. Home features luxury upgrades throughout. Originally built in 1956, this home has been totally updated including expanded roofline, new roof, new plumbing, electrical, windows, flooring, kitchen, baths. Rare 3 bedroom, 2. 5 bath home, kitchen with Sub-Zero refrigerator, Viking electric range, custom hood, 2 drawer dishwashers, large center island with room for 6 diners, bar sink, ice maker. Custom wood cabinets with glass doors and lighting. Sunroom and master bedroom have large windows with panoramic views of the patio, dunes and ocean. Home also features a large paver patio with seawall. Property is located on a private street with no HOA or rental restrictions. See supplement for more information.
Patio is pre-wired for compliant downlighting. Parking for up to 4 cars in the driveway with room to add a garage if desired. Vinyl 10x8 shed, vinyl fencing, exterior shower, underground utilities, irrigation pump. Roof and exterior doors with impact glass installed in 2022. HVAC replaced in 2018. On city water with septic system sewer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $1,239 | $1,239 | $1,239 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,486 | $6,403 | $8,780 |
Total Monthly Payment | $7,850 | $7,767 | $10,144 |
* 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.