Rarely offered 2 bedroom, 2 bathroom second floor condo at Colony Beach Club! This coastal chic oasis comes fully furnished (with a few personal items excluded). You’ll find wood-look tile throughout as well as electric remote window shades for all windows. Set the mood with recessed lighting in every room. The open concept kitchen seamlessly flows to the living and dining area. The kitchen offers an incredible amount of cabinets and storage, including a built in pantry with pull-out drawers, a wet bar with teardrop glass tile backsplash and beverage refrigerator. The beautiful granite and iridescent glass tile backsplash in kitchen complements the stainless steel appliances and range hood. Custom built-in bench in the dining area allows for plenty of room for entertaining friends and family. Living area opens to balcony overlooking the pool and the inviting blue ocean! The sizeable primary bedroom has a window that gives you a view of the ocean. Primary bathroom has a distressed "wood" tile shower and a ship lap accent wall. Your guests and family will enjoy the custom built adult-sized bunk beds in the guest bedroom. Guest bathroom has been updated with glass tile in shower and granite topped vanity. No need to worry about hurricane season with updated, wind rated windows and sliding glass door! Electrical box recently updated! 2020 HVAC and water heater. Colony Beach Club is a perfect complex that offers 500 feet of beachfront with two oceanfront lounge areas, outdoor grill areas, beautiful courtyards and a shuffleboard court. Other amenities include a covered designated parking space, an extra storage closet, on-site management and community laundry room. Enjoy the convenience of restaurants, shopping and entertainment close by. Don't miss out on this unique opportunity to own a piece of paradise in New Smyrna Beach!
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Our Executive Mortgage Banker:
Our Insurance Division:
$624,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $499,920 | $499,920 | $499,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $506 | $506 | $506 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,119 | $3,038 | $3,951 |
Total Monthly Payment | $3,717 | $3,636 | $4,549 |
* 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.