Direct ocean front in the Short Term rental district. From the back patio at this spectacular designer home you are able to walk right out onto your thick grassy back yard held in place by a strong seawall right out to the sandy beach and ocean waves. With an open floor plan 5 bedroom, 3 1/2 baths it is designed to maximize the panoramic ocean views from all floors. Open Kitchen, dining room great room with GE Profile Performance appliances and gas range with pot filler are sure to delight any chef as the meals are placed on the spacious breakfast bar or nearby dining table. Great room offers views of the Atlantic Ocean from any angle. Master suite with wood floors on 3rd floor has glass sliding doors to private balcony overlooking the beach and ocean. The master bath has dual vanities, soaking tub, shower and walk-in closets with built-in organizers. Additional bedrooms on main and lower floors. Direct access to deep backyard, sundeck and the beach from the ground level. Perfect get-away yet conveniently close to Smyrna Beach's famous restaurants, shops and attractions. Alarm system with motion detectors. Zoned HVAC system. Great opportunity to acquire a prime oceanfront property. ;Water: City
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$3,950,000
William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,160,000 | $3,160,000 | $3,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.128% | 7.061% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,290 | $21,024 | $28,183 |
Total Monthly Payment | $21,415 | $21,149 | $28,308 |
* 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.