507 Jessamine, Daytona Beach, FL, 32118 | $569,942

**Historic Coastal Gem with Dual Residences in Daytona Beach**

Step into the charm of yesteryear with this exceptional historic property, located just 700 feet from the sparkling Atlantic Ocean in beautiful Daytona Beach! Offering two homes on an oversized lot, this unique property is perfect for those seeking a blend of character, versatility, and an unbeatable location.

The main home is a 3-bedroom, 2-bathroom treasure, showcasing timeless craftsmanship and stunning architectural details. From the moment you walk through the door, you’ll be captivated by the warm, inviting ambiance created by beautiful exposed beams, vintage accents, solid wood flooring and an abundance of natural light. The wood burning fireplace infuses the living room with warmth and charm, creating a cozy retreat for relaxation. The thoughtfully designed layout ensures both comfort and functionality, with spacious living areas ideal for entertaining or unwinding after a day at the beach.

The guest home, a 2-bedroom, 1-bathroom residence, is equally charming and brimming with possibilities. This home features travertine flooring throughout, a walk-in shower and a kitchenette. Use it as a guest house, an income-producing rental, or a private retreat for extended family. Both the main home and the guest home have a current rental license from the city.

The oversized yard is an entertainer’s dream, with ample space for outdoor gatherings, gardening, or simply relaxing under the shade of mature trees. In the fully fenced backyard, you can find fruit bearing banana trees, grapes, peaches and figs!! A cellar can be found on the back of the home- offering a naturally insulated underground storage space. The inviting outdoor area provides the perfect backdrop for enjoying the coastal breeze and creating memories with loved ones. Parking will never be an issue, thanks to plenty of space for vehicles, making hosting guests a breeze.

The home has been meticulously maintained and offers many updates which include: a BRAND NEW ROOF (installed 2023) updated electrical and plumbing (completed in 2015). This property is a rare find, offering not just a home, but a lifestyle steeped in history, charm, and the allure of coastal living. Whether you’re looking for a primary residence, a vacation home, or an investment opportunity, this dual-home property is truly one-of-a-kind.

Don’t miss your chance to own this historic gem just steps from the ocean—schedule your private showing today!

Features

  • Rooms: 3
  • Bedrooms: 5
  • Baths: 3 full
  • Laundry: In Garage, Laundry Closet
  • Style: Mediterranean
  • Year Built: 1924
  • Garage: 1-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,959
  • Acreage: 0.28
  • Est. Taxes: $0
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: O6257750
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/O6257750/507jessamine_daytonabeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 4:32:13 PM)
Listing courtesy of MARK SPAIN REAL ESTATE   Phone: 855-299-7653

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888.699.8876

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

507 Jessamine, Daytona Beach, FL, 32118

$569,942

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $455,954 $455,954 $455,954
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 $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,072 $3,030 $3,845
Total Monthly Payment $3,164 $3,122 $3,937

* 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.