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POSSIBLE OWNER FINANCING. Welcome home to the lowest priced fully furnished Lucia Villa located in the FUN 55+ community of Latitude at Margaritaville with almost 1800 living square feet of space for Family and Friends to gather. This meticulously maintained 2 bedroom, 2 bathroom home with a flex space that can be used as a Den, workout room, Library or whatever you want has a large laundry room that can double as a craft room. There is a screened porch to relax with friends. This home offers the perfect blend of comfort and convenience as it is located a short walk to the Fitness Center, Chill Bar and Bandshell where you can listen to live music Or, YOU CAN TAKE YOUR GOLF CART around. The heart of the home is the kitchen, featuring 42" cabinets, quartz countertops and stainless steel appliances. The master suite offers a tranquil retreat after a long day. The flooring in most areas is Luxury Vinyl with tile in the wet areas. Residents of Latitude Margaritaville enjoy access to a wealth of resort-style facilities, including pools, a beach pool, Clayground, fitness center, Mango Theater, Pickleball courts, tennis courts, a band shell, and Bocce ball. Additionally, you do not need to drive to the Beach. There is transportation provided to the private beach. This fully furnished home, a short walk to the amenities will not last long. Latitude at Margaritaville is located in Daytona Beach, home of Daytona International Speedway and Bike Week. There are airports in Daytona Beach, Sanford, Jacksonville and Orlando. Disney Theme Parks are an hour away. This is the lowest price per square foot Villa and Seller can close NOW! IF YOU ARE NOT READY TO MOVE FULL TIME, you can rent the Villa when you are not here. Three months minimum rental.
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Our Executive Mortgage Banker:
Our Insurance Division:
$519,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $415,200 | $415,200 | $415,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.360% | 7.179% | 6.288% |
Monthly Tax Payment | $590 | $590 | $590 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,728 | $2,760 | $3,501 |
Total Monthly Payment | $3,410 | $3,442 | $4,183 |
* 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.