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Have you dreamed of owning a beachfront getaway at the best value in town? Welcome to the World's Most Famous Beach. This beautifully updated Condotel offers the perfect combination of comfort and convenience, making it an excellent investment or personal retreat. Located in a well-managed building, this property offers resort-style amenities, including a beachfront pool, tiki bar, hot tub, workout room, and onsite rental management. The HOA covers TV, internet, electricity, and maid service for a truly hassle-free experience. This fully furnished unit features two queen beds, a TV, refrigerator, microwave, coffee maker, and linens, making it move-in or rental-ready. Recent updates include a new AC unit, refrigerator, fresh paint, tile flooring throughout, ceiling texture updates, and a new fiberglass door leading to the private balcony. The location is unbeatable, just a short walk to the Daytona Pier, shopping, and great dining options. Relax on your private balco
The location is unbeatable, just a short walk to the Daytona Pier, shopping, and great dining options. Relax on your private balcony and take in the ocean views, listen to the waves, and enjoy the fresh salt air.
Fountain Beach Resort offers incredible amenities, including a heated oceanfront pool and hot tub, a fitness center, sauna, laundry, the lively Oasis Tiki Bar & Grill, 24-hour front desk service, and onsite professional management. Owners can either manage rentals privately or join the resort's rental program, which includes a 45 percent management fee. Please note, this property is perfect for short-term rentals and perfect for great investment property.
Located in the heart of Daytona Beach, this condo is steps away from shopping, dining, entertainment, the historic bandshell with its summer concerts, and the water park.
Don't miss this opportunity to own a piece of paradise whether for personal use or as an investment. Schedule your showing today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$128,800
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 | $103,040 | $103,040 | $103,040 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.046% |
Monthly Tax Payment | $140 | $140 | $140 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $643 | $677 | $856 |
Total Monthly Payment | $858 | $892 | $1,071 |
* 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.