Beachfront vacant land is hard to find! Now is your chance to own a slice of paradise in New Smyrna Beach. Nestled in Bethune Beach, this corner lot is made up of 3 combined lots for a total 7, 500 square feet. Where else can you own 75 feet of beachfront? The 100 foot deep lot offers ample room to build a large custom home. This is one of the last beachfront lots available on city water and sewer. Enjoy the sea breezes and unobstructed sunrises from the comfort of your balcony. Want to put your toes in the sand? The beach walkover is only a few steps from the property. Looking for more amenities? Bethune Beach Park is just a short walk away, boasting a boardwalk, sports courts, and a playground. Seller is providing a survey along with a geotechnical engineering study. Speak with your builder, local building department or architect for code specifics. Generally, local building code allows construction on 35% of the lot which means each floor could be up to 2, 600 square feet and it is common to see 3 story homes in this neighborhood. Leave the sound machine at home and wake up to the gentle waves every morning. The dolphins and sea turtles can’t wait to have a new neighbor! Stop by to see for yourself the site of your dream home!
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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 | $956,000 | $956,000 | $956,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,043 | $6,121 | $8,328 |
Total Monthly Payment | $6,168 | $6,246 | $8,453 |
* 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.