A rare waterfront package opportunity! Own your private, large, newly constructed engineered 2 slip, deep water boat dock just steps from the front door of your Solar Powered Historic waterfront home along the Halifax River in Old Daytona Beach! The 'Dunn House' was built in 1924 and is a piece of Daytona History. The recently renovated two story home offers many upgrades and amenities including impact-resistant windows, a new roof, reinforced seawall, full exterior painting and a large patio type deck offering tremendous views of the river and city horizon. Inside you'll find a full kitchen renovation with a 6 burner gas stove and appliances, new downstairs bath and large upstairs master closet. The utilities include a water softening system and updated mechanical systems. All great additions to this solid, long standing historic structure. The convenient location is just minutes from the beautiful Daytona ocean beaches and numerous city attractions, restaurants and shops. Daytona, itself, offers quick highway access to the Orlando, Jacksonville and Space Coast Attractions. Please check the visuals and Features List and attachments to confirm the level of this opportunity. The dockage and location alone represent an excellent investment opportunity. Position yourself now to celebrate this historic property's 100th Birthday!
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $791,600 | $791,600 | $791,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.296% | 6.622% | 6.680% |
Monthly Tax Payment | $611 | $611 | $611 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,134 | $5,003 | $6,896 |
Total Monthly Payment | $5,837 | $5,706 | $7,599 |
* 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.