Don't miss out on this meticulously remodeled oceanfront opportunity with high-end upgrades galore! This modern, fully furnished condo at Fountain Beach Resort is truly turnkey, boasting a stunning southeast-facing view of the beach. The interior has been beautifully maintained, featuring a kitchenette separate from the living area with a full-size refrigerator, microwave, coffee maker, granite countertops, and sleek cabinetry. The bathroom has been updated to include a new tile walk-in shower, enhancing the space with a luxurious touch. Gorgeous wood plank vinyl flooring runs throughout the unit, complemented by brand-new furniture, fresh bedding and linens, fresh paint, a new AC system, and elegant plantation shutters that allow natural light to brighten the space. This is the ultimate beachside getaway stylish, and turn key-ready!
Here's your chance to own an income-producing condo right in the heart of Daytona Beach! Fountain Beach Resort offers exceptional amenities, including an oceanfront heated pool and hot tub, gym, sauna, Oasis Tiki Bar & Grill, 24-hour front desk, and professional onsite management. You have the flexibility to privately rent out the condo or participate in the resort's rental program at a 45 percent management fee. Located just steps from Daytona's top attractions, shopping, fantastic dining, the historic bandshell with its summer concert series, and the nearby water park. This property is ideal for short-term stays (long-term living is not permitted). Don't miss outcall today for more details!
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Our Executive Mortgage Banker:
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$189,000
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 | $151,200 | $151,200 | $151,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $138 | $138 | $138 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $981 | $968 | $1,256 |
Total Monthly Payment | $1,194 | $1,181 | $1,469 |
* 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.