Under contract-accepting backup offers. Riverfront Ormond Beach Opportunity. 4 bedroom, 2. 5 bath solid block home with over 3500 sq ft including the fabulous waterfront lanai, oversized 2 car garage and beautiful interior spaces that take advantage of the panoramic river views through long, wide windows and glass doors. The property is offered in clean, mostly original condition with some miscellaneous cosmetic updates along with some significant integral updates including impact windows and a true concrete tile roof. This property sits on a subtle rise in the shoreline, high above the river where the longtime owner has never been threatened with flooding from storm waters.
The room count here includes a formal riverfront living room, a large dedicated dining room with big views and riverfront kitchen that opens onto the family room with fireplace and sliding doors that lead to the expansive covered patio that could serve as an outdoor living and dining room. Primary bedroom suite is direct waterfront. Truly clean enough to move into with a little touch up or an ideal candidate for a renovation with an efficient floor-plan under an incredible roof and surrounded by a tremendously solid structure. There are just 7 of these quiet cul-de-sacs tucked in off of busier North Beach Street in this incredibly desirable location. Cameo Circle is the most southerly of these cul-de-sacs and this property is a corner-flank parcel with 100' of waterfront and 200' of depth along the north fence line. Truly a fabulous lot in an idyllic location. Plenty of room for a pool. Sturdy dock is in place.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$999,900
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 | $799,920 | $799,920 | $799,920 |
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 | 7.606% | 6.622% | 6.680% |
Monthly Tax Payment | $583 | $583 | $583 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,188 | $5,056 | $6,968 |
Total Monthly Payment | $5,863 | $5,731 | $7,643 |
* 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.