Welcome to your dream coastal retreat in the prestigious Castle Reef community! This stunning first-floor oceanfront condo boasts 2 spacious bedrooms, 2 bathrooms, and nearly 1, 000 sq ft of living space. Wake up to breathtaking morning sunrises visible through your large sliders or from your private porch overlooking the pool and the community's beautifully manicured courtyard. Upon entry you are greeted with Florida's sunshine flooding the living space. The kitchen, complete with ample counter and cabinet space, flows effortlessly into the dedicated dining space and living room, creating an ideal setting for entertaining friends and family. The primary bedroom has views of the courtyard and ocean and an ensuite bathroom with a vanity, stand up shower with grab bar, and raised toilet. Deep closets and vanity provide ample storage. The secondary bedroom has a deep closet with shelving, and the guest bathroom has a shower/tub combo with deep vanity. Recent upgrades include a brand new air conditioner for your comfort, and the entire unit was painted and floors redone in December. This no-drive beach location ensures a serene environment, perfect for relaxation. The amenities seem endless and include a large heated pool, smaller kiddie pool, sun deck, gazebo, clubhouse, multiple outdoor gas grills, shuffleboard courts, tennis and pickleball courts. Conveniently situated across from a shopping plaza and close to popular restaurants, shops, and destinations like Flagler Ave and Canal St, this condo offers the perfect blend of luxury, convenience, and coastal living. This community allows for short term rentals - so whether you're looking to live on the beach full time, part time, or are looking for an investment - this condo is perfect for you! Don't miss this opportunity to own a piece of paradise in New Smyrna Beach!
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Our Executive Mortgage Banker:
Our Insurance Division:
$489,900
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 | $391,920 | $391,920 | $391,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $487 | $487 | $487 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,607 | $2,605 | $3,305 |
Total Monthly Payment | $3,169 | $3,167 | $3,867 |
* 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.