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225 N FLAGLER AVENUE, Flagler Beach, FL, 32136 | $1,300,000
225 N. Flagler Ave. in Flagler Beach, Florida, is a waterfront multi-family property offering Florida living with income potential. Situated directly on a canal, this property provides scenic water views and easy access to aquatic activities. It is located 3 blocks to the beachfront. The property includes 5 apartments, 3 of which have been partially renovated, painted and new flooring. The building features a beachside mural on the north side, each apartment is seperately metered for electric and there are new windows throughout. It was built in 1975 and has been well maintained.
Flagler Beach is a coastal city in Flagler County, Florida, known for its pristine beaches and relaxed atmosphere. As of the 2020 census, the population was 5, 160 and has grown to 5433 as of 2024. The entertainment life includes numerous popular restaurants and bars facing the ocean, is a popular location for surfing and sunbathing. The new COMPASS Hotel with 100 units is due to open in early 2025. The city is part of the Deltona–Daytona Beach–Ormond Beach metropolitan area and is named after Henry Flagler, a key figure in Florida's development.
Flagler Beach has experienced steady growth. The city maintains a balance between development and preserving its coastal charm, making it an attractive destination for both residents and investors.
The property at 225 N. Flagler Ave. presents a unique investment opportunity in this growing community, combining waterfront living with income-generating potential.
Features
- Property Type: Multi Family
- Construction: Concrete, Stucco
- Utilities: Electricity Available, Public, Water Connected
- Garage: 6 to 12 Spaces, Lighted
- Levels: 2
- Heating: Central Individual, Electric
- Cooling: Mini-Split Unit(s)
- Units: 5
- Lot Size: 99 x 121
- Year Built: 1975
- Approx Sq. Feet: 5,968
- Acreage: 0.28
- Est. Taxes: $11,951
- Lot Desc: Drainage Canal, City Lot, Neighbourhood, Waterfront
- Pet Policy: Yes - See Condo Docs
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
- MLS#: FC307869
- Days on Market: 33 days
- Website: https://www.raveis.com
/prop/FC307869/225nflagleravenue_flaglerbeach_fl?source=qrflyer
Listing courtesy of ONE SOTHEBYS INTERNATIONAL Phone: 386-276-9200
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
225 N FLAGLER AVENUE, Flagler Beach, FL, 32136
$1,300,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,040,000 | $1,040,000 | $1,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.911% | 6.764% | 6.666% |
| Monthly Tax Payment | $996 | $996 | $996 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,403 | $6,659 | $9,060 |
| Total Monthly Payment | $7,524 | $7,780 | $10,181 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388