Under contract-accepting backup offers. Located in the highly sought-after coastal Moontide, this exquisite corner condo home boasts stunning oceanfront views. With its ideal position on the no drive portion of New Smyrna Beach, this 3 bedroom, 2 bath condo offers the perfect seaside retreat. Complete with tasteful furnishings, this turn-key condo provides the ultimate convenience. Indulge in the tranquility of this exceptional home while also benefiting from passive income with vacation rentals. Delight in the refreshing ocean breezes from either of the two balconies, which offer optimal east to west exposure. Residents of this remarkable community can also take advantage of the wide array of amenities, including an elevator, onsite cameras, a heated pool, a fitness room, a tennis court, a shuffleboard court, an on-site manager, and pet-friendly facilities. Additionally, this enviable location provides convenient access to 27th St park. This rare opportunity offers a Northeast end unit, situated across from the Catholic Church, ensuring a quieter atmosphere with fewer pedestrians, granting you extra privacy for your beachfront experience. This Moontide Condo also has a full "rental Income history". Use the rentals to pay for the oceanfront investment!!
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William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $798,000 | $798,000 | $798,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.371% | 6.372% | 6.182% |
Monthly Tax Payment | $1,117 | $1,117 | $1,117 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,913 | $4,913 | $6,734 |
Total Monthly Payment | $6,122 | $6,122 | $7,943 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.