Ormond Beach, FL, 32176, Ormond Beach, FL, 32176

Description

📍 Ormond Beach, FL 32176 🌊 Palatial Intracoastal Waterfront Home – Seller Financing Available 🏠 3 Beds | 3 Baths | ~3,000+ sq ft (verify exact) 📏 Direct Waterfront – Tomoka River Frontage 🧾 Tax Assessed Value: $770,823 💥 EMD: $19,850 (1% of purchase price) 💰 Purchase Price: $1,985,000 📝 Seller Financing Terms • 💵 Down Payment: $300,000 • 💰 Interest Rate: 5% • 🕒 Amortization: 30 Years • 🎯 Balloon: 3 Years 🔐 Estimated Entry Cost • Down Payment: $300,000 • Entry Fee: $5,000 (not included in sale price) • Estimated Closing Costs: ~$15,000 ➡️ Total Entry: ~$320,000 📊 Estimated Monthly PITI • 💳 Principal & Interest (5%): ~$9,000 • 🧾 Property Taxes: ~$2,911/month • 🛡 Insurance: ~$662/month ➡️ Total Estimated PITI: ~$12,573/month 💸 Estimated Long-Term Rent • $10,000–$12,000/month (subject to buyer’s due diligence & zoning verification) 🏷️ Highlights ✅ No neighbors across the river — views of protected Tomoka State Park ✅ Brand-new 20×15 pool w/ waterfall included ✅ Chef’s kitchen: 6-burner gas range, quartz counters, walk-in back kitchen w/ 2nd fridge ✅ All bedrooms w/ walk-in closets + ensuite baths ✅ Convertible office (4th bedroom option) ✅ Major upgrades: • 2023 Metal roof • Impact windows • New HVAC, plumbing, electrical, tankless water heater ✅ Deep water dock w/ 6,000 lb lift ✅ Covered lanai w/ cathedral ceilings ✅ Garage Force-coated floor 🔄 Exit Strategies • Luxury owner-occupancy w/ future refi • Executive or mid-term rental (verify zoning) • Resale w/ wrap financing • Land bank for long-term appreciation 📲 DM for STR/MTR comps, full financials, or to walk this waterfront gem 📑 Intracoastal luxury with seller financing — pool, dock, and premium finishes included.