Jeanne(Kerry) Davidson

Jeanne(Kerry) Davidson

Property SearchContact
primary-1
primary-2primary-3
Active

$699,999

($309,793 down)
VA

178 ViA De La Reina, Merritt Island, FL 32953

4
2
1,840 sqft
PITI Monthly
$2,480.17 /mo

Listing courtesy of: Melissa L Anderson, RE/MAX Prestige Realty/RPB

Assumed Rate

4.55%
7.15%

Principal & Interest

$2,255 /mo
$2,989 /mo

What's Special

PRIVATE BACKYARD
WATERFRONT

Professional pictures coming soon. Welcome to Villa De Palmas in Merritt Island! This beautiful 4-bedroom, 2-bathroom waterfront home is located on a wide canal off Sykes Creek, complete with a boat lift for easy offshore fishing access. Enjoy breathtaking sunsets including space launches from your private backyard oasis featuring a sparkling pool. Conveniently located just a short drive from the Kennedy Space Center and so much more. This home offers the perfect blend of relaxation and adventure. Roof 2017 Va Welcome! All sizes and measurements are approximate and to be verified by buyer and or buyers agent.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
4.55
Remaining Loan Term
23 years, 6 months
Monthly PITI
$2,480.17/mo
Estimated Loan Balance
$394,041
Cash to close
$309,793
Interest Paid
$123,615

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: BrickVeneer, Block
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: CeramicTile, Tile, Vinyl

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: Yes
  • Pool Features: Gunite, Heated, Pool, SaltWater

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • BrickVeneer, Block
  • Roof: Unknown
Condition
  • Year Built: 1969
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Villa De Palmas Unit 2
  • Features: BoatFacilities, NonGated
HOA
  • Has HOA: No
Location
  • Region: Merritt Island

Financial Details

  • Price per Sqft: $380.43
  • Tax Annual Amount: $699
  • On Market Date: 2025-04-23T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $309,793 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $309,793!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage4.55% Sellers Rate
$390,206
Your Cash$309,793
Total Purchase Price:$699,999

Assumed vs Traditional Mortgage

Assumed @ 4.55%
$2,255/mo
Traditional @ 7.15%
$3,100/mo
You save $845/month ($10,138/year)

*Secondary financing rates are an estimated value based on input

MLS ID: R11084019

Listing From:

Last updated: 2025-04-25T22:02:40.000Z

© , FTL. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

4.55%
7.15%

Principal & Interest

$2,255 /mo
$2,989 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $309,793 (44%)
You can enter any amount below - secondary financing will cover the difference if needed.
44%
$

You cover the entire equity of $309,793!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage4.55% Sellers Rate
$390,206
Your Cash$309,793
Total Purchase Price:$699,999

Assumed vs Traditional Mortgage

Assumed @ 4.55%
$2,255/mo
Traditional @ 7.15%
$3,100/mo
You save $845/month ($10,138/year)

*Secondary financing rates are an estimated value based on input

Follow Us
HomeSmart
Agent/Broker
Jeanne(Kerry) DavidsonHomeSmart(602) 826-3697kerry@myagent.netMLS BR631128000

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than HomeSmart are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

equal-housing

HomeSmart © is committed to and abides by the Fair Housing Act of Equal Opportunity.