NEW PHOTOS COMING SOON WITH RECENT UPDATES COMPLETED -------DIRECT OCEANFRONT CONDO!! The Indies House is a charming condominium community of 38 total units directly on the ocean in Ormond Beach. The owner says that your private balcony is the place to be on 4th of July because the local community puts on a great fireworks show on the beach. This home is on the third floor and only requires you to bring your suitcase because it comes fully furnished down to the silverware! 2 large bedrooms and 2 bathrooms give you plenty of elbow room. This home has new kitchen appliances & New Main Bedroom furniture. Dry bar in the living room has plumbing so you can convert to wet bar if desired. Onsite laundry facilities are clean and feature abundant washers & dryers. Community pool was refinished recently, has restrooms close & there is community flood insurance, state of the art fire alarm system & Milestone Inspection Report completed & implemented. No upcoming assessments. Private parking space directly in front of elevator. Fees include water, cable, internet and funding of reserves.
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,000
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 | $319,200 | $319,200 | $319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $471 | $471 | $471 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,124 | $2,122 | $2,737 |
Total Monthly Payment | $2,670 | $2,668 | $3,283 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.