Here's your chance to own a unit in the highly sought-after Ocean Villas Condominium next to the infamous Sunglow Pier in Daytona Beach Shores. Located on the SW Corner of the 5th floor, with 3 private balconies to enjoy not only the ocean views and breeze, but also the Intracoastal waterway. Stepping off the elevator, you walk through a double doorway to unit 501's private entrance. Step into the tiled foyer with crystal chandelier leading into the living room, but directing your eyes to the floor-to-wall hurricane-rated windows and sliding glass doors that extend the 2, 470sqft of living space onto a large balcony with views that seem to go on forever. Back inside, the open floorplan and tall ceilings provide an ideal setting for entertaining. Both the gas fireplace in the living room and the wine cooler in the kitchen are sure to be party-pleasers. Granite countertops, upgraded light fixtures, and stainless-steel appliances make cooking and then serving your dishes on the oversized bar area a delight. The split floorplan and feature of an ensuite with every bedroom is an elegant touch. Enjoy morning sunrises from the balcony off the primary bedroom or the garden tub in the primary bathroom. This bathroom also has a tiled shower with 2 showerheads, water closet, and custom cabinetry surrounding the dual vanities. Need space for all of your beach clothes? There are 2 walk-in closets. Across the home, to the right when entering through the foyer, you will find a large laundry room, closet, and 2 bedrooms with ensuite bathrooms. 1 bathroom has a tub/shower combo and the other has a walk-in shower. 1 bedroom (not pictured) has built-in shelving and a private balcony where you can watch some amazing sunsets across the Intracoastal. Looking for the powder room? It is located to the left of the foyer when entering the unit. Ready to check out the amenities? Head down to the 2nd floor for the Conference and Meeting Rooms, and at the end of the hallway you can access the Clubroom, Exercise Room, and Pool/Spa Area with Lanai and Beach access! Both the Clubroom and Exercise Room are oceanfront, giving you views of the waves rolling in. Down the stairs, enjoy the ocean breeze while swimming in the Infinity Pool, soaking in the Hot Tub, or sunbathing on the Lanai. If you're looking to dip your toes in the sand and saltwater, take the newly built ramp down to the beach. There's even a shower to rinse off before heading back inside. Condo Fees also cover: High-speed internet, cable, natural gas, water/sewer, trash, pest control, and a M-F concierge/site manager. The mailboxes are just past the Condo entrance and the assigned parking space with storage is in the basement, accessible through a gate-like garage door. There is additional visitor parking across the street. Location is key, as Ocean Villas is next to Crabby Joe's and very close to the Dunlawton Bridge to get you mainland in a hurry. There is a Publix, CVS, Walgreens, Daytona Beach Shores Community Center, Parks, Public Beach Ramp Access, restaurants, shopping, and so much close by. With a 2-month rental minimum, concierge service M-F, secure access by key fob, and amenities galore, this is the epitome of luxury. Make your appointment to see unit 501 today.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $1,112 | $1,112 | $1,112 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,163 | $5,097 | $6,989 |
Total Monthly Payment | $6,367 | $6,301 | $8,193 |
* 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.