MAGNIFICENT CONDO:
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Welcome to this fabulous, beautiful, elegant, and relaxing condo3/2 condo is conveniently located in one of our best east coast Florida beaches: New Smyrna. Placed on the second floor of the only two-story building in this association. Immaculately maintained by the owners over the years. The views from the condo are sublime and spectacular.
It serves both as a weekend getaway and as an investment opportunity. The condo can be rented and maintained by a qualified property manager located on the building's premises. This could be an excellent investment opportunity.
This condo is also located in a part of New Smyrna Beach that does not allow vehicles on the beach, which is a big benefit. The condo is offered with all the furniture included. The condo has three spacious and comfortable bedrooms with walk-in closets and two full bathrooms. Being on the second floor of the building, the condo boasts a vaulted ceiling. included a cozy and tranquil loft on the second floor of the condo.
This loft is easily accessible through a spiral staircase and makes a great place for reading or relaxing, or it could eventually be converted into another bedroom. The roof was replaced in 2023. The HVAC unit was replaced in 2021. All appliances (with the exception of the dishwasher) were replaced one year ago. All the windows and the sliding glass door to the beautiful porch were replaced with hurricane-grade protection windows. The condominium buildings were repainted on the exterior in 2020.
The condominium association offers several community benefits, including storage, a beautiful community pool, and restrooms. There is plenty of parking available for owners, family, and visitors. A unique opportunity in this outstanding area of New Smyrna Beach as not many condos go up for sale in this wonderful association!.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$850,000
William Raveis Real Estate
Phone: 888.699.8876
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 | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.888% | 6.850% |
Monthly Tax Payment | $602 | $602 | $602 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,524 | $4,410 | $5,970 |
Total Monthly Payment | $5,218 | $5,104 | $6,664 |
* 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.