One or more photo(s) has been virtually staged. Pre-Construction. To be built. Luxury Oceanfront Living Awaits at 749 S. Atlantic Ave. , Ormond Beach, FL. Imagine waking up to panoramic ocean views in this stunning Bahamian-style estate, set on a 0. 63-acre oceanfront lot in beautiful Ormond Beach. This to-be-built luxury home features 5 bedrooms, 4. 5 bathrooms, and a 3-car garage, offering the perfect blend of elegance, comfort, and coastal charm. Designed for entertaining and relaxation, the home boasts open-concept living spaces with soaring ceilings and custom finishes throughout. The chef-inspired kitchen is the heart of the home, complete with custom cabinetry, a large center island, and high-end granite countertops. The spacious dining and living areas open to covered balconies and porches, perfect for enjoying ocean breezes and stunning sunrises. The serene master suite is a true retreat, featuring a spa-like bathroom, oversized walk-in shower, and a custom-designed closet. Additional bedrooms are generously sized, providing ample space for family and guests. Step outside to enjoy your private oasis with expansive outdoor living spaces, including tiled porches and a private beach walkover, making it easy to enjoy the sand and surf. Thoughtfully designed for modern coastal living, this home includes impact-rated windows, durable concrete construction, and timeless Bahamian shutters.
With its prime oceanfront location, this property offers easy access to Ormond Beach's vibrant dining, shopping, and entertainment options. Experience the ultimate in coastal luxury and create lasting memories in this dream home. The vacant lot is also available for purchase.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,200,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,560,000 | $2,560,000 | $2,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.261% | 6.748% | 6.847% |
Monthly Tax Payment | $1,249 | $1,249 | $1,249 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,032 | $16,392 | $22,477 |
Total Monthly Payment | $18,406 | $17,766 | $23,851 |
* 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.