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Soak up southern living at its finest! Seller says bring all offers! Short term rental potential. 3227 S. Peninsula Drive in Daytona Beach Shores is a quaint and comfortable beachside bungalow featuring a remarkably spacious layout, well-manicured property, and charming double porch areas to sit and sip. Centrally located in a desirable downtown neighborhood, this seaside single-family home is within a short walking distance to the pristine beach and popular local establishments. The solid concrete-block home was recently repainted a crisp white that highlights attractive period details. Since it is deep set on the property, homeowners enjoy an expansive front yard with mature landscaping. An art deco-inspired exterior partition is both aesthetically pleasing and functional, providing a secluded seating area with a private view of the front yard and secret garden leading to the welcoming entrance. Upon entering, prospective homeowners are greeted by open sight lines from the front to the back of the house. The kitchen is positioned adjacent to the formal living, dining, and family rooms, creating a comfortably-interconnected entertainment space. The latter serves as a spacious bonus spot featuring an office area and bank of windows overlooking the semi-enclosed backyard. Two bedrooms and bathrooms are located down the hallway. The master dons a neutral color palette, ample closet storage, and a half bathroom, with natural light accentuating the primary quarters. Likewise, the secondary bedroom is both cozy and bright with generous closet space. In addition, an oversized one-stall garage is conveniently located off the kitchen and features both a laundry area and additional storage. New Roof, new storm doors, newer windows, newer hot water heater. *Household furnishings are not included, but negotiable in the sale of the property.
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Our Executive Mortgage Banker:
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$370,000
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 | $296,000 | $296,000 | $296,000 |
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 | $231 | $231 | $231 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,945 | $1,967 | $2,496 |
Total Monthly Payment | $2,251 | $2,273 | $2,802 |
* 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.