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Pre-Construction. To be built. Pre-Consrruction!!! Introducing 122 Azalea Rd in Waterway Park – Your Future Dream Home! This to-be-built "Mango" model home by Elliott Meadows LLC is a rare opportunity to create your perfect space in one of the most desirable locations in Edgewater. Located in unincorporated Volusia County, this home is outside the City of Edgewater’s moratorium, offering you unmatched flexibility and the freedom to design your ideal waterfront retreat. With no HOA fees or restrictions, you have the freedom to bring your vision to life without limitations. The spacious open-concept floor plan is designed with modern living in mind, featuring luxury finishes throughout. Enjoy quartz countertops, stainless steel appliances, custom shaker-style cabinetry, and luxury vinyl plank flooring throughout the main living areas. The home’s 9'4" ceilings create a sense of openness and light, and the master suite offers two walk-in closets for ultimate convenience and storage. A rear covered lanai provides the perfect spot for enjoying Florida’s beautiful weather, while thoughtful details like hurricane shutters and a carriage-style garage door enhance both the home’s functionality and curb appeal. This home comes with a Builder 2-10 Home Warranty, providing you with peace of mind as you move forward with your new construction. Situated in Waterway Park, you’ll be just minutes away from shopping, dining, and entertainment, with easy access to major highways for quick trips to Daytona Beach, Orlando, and beyond. Whether you envision a luxurious waterfront estate or a cozy coastal getaway, this home offers the perfect foundation for your dream lifestyle. Don’t miss out on this exciting opportunity to build your custom home in a prime location with the benefits of unincorporated zoning. Contact us today to learn more about this upcoming property and start making your dream home a reality!
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Our Executive Mortgage Banker:
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $572,000 | $572,000 | $572,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $290 | $290 | $290 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,569 | $3,758 | $4,788 |
Total Monthly Payment | $3,951 | $4,140 | $5,170 |
* 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.