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Turnkey Oceanfront Investment Opportunity – Stunning Dual-Unit Condo in Daytona Beach!
Discover the perfect blend of luxury, flexibility, and income potential with this rare dual-unit "hotel" style condominium located on the expansive shores of world-famous Daytona Beach. These two beautifully updated studio units, connected by a convenient pass-through door, can be rented individually or together as a spacious 2-bedroom suite—offering maximum rental versatility!
Each meticulously maintained unit features partial ocean views, stylish furnishings, and comfortable sleeping arrangements for up to 4 guests in each room. The sale includes all furnishings and as well as future bookings with rental management already in place - making this a turnkey investment. with future income already on the books. As an added bonus, Unit 412 includes a 5’x10’ storage room, ideal for owner storage, rental supplies, or even an additional sleeping nook or workspace.
The building itself has undergone extensive renovations over the last two years, boasting a modernized lobby and front desk, fresh paint and carpeting throughout the hallways, a conference room, and fitness center. You will love the oceanfront pool with panoramic views, the poolside Tiki bar & restaurant, a baby pool, and direct beach access. Parking is a breeze with a two-story garage conveniently attached to the building for easy side access to the elevators.
Whether you're looking for a high-performing short-term rental, a vacation getaway, or a mix of both, this property delivers! Don’t miss this exceptional opportunity—schedule a showing today!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$229,000
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 | $183,200 | $183,200 | $183,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.172% | 7.154% | 6.172% |
Monthly Tax Payment | $183 | $183 | $183 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,173 | $1,218 | $1,534 |
Total Monthly Payment | $1,431 | $1,476 | $1,792 |
* 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.