PRICE REDUCED TO SUBSTANTIALLY BELOW APPRAISED VALUE. Call for your showing and get creative with what you would do to a blank slate. This home is between the Intracoastal Waterway and the ocean and just a short walk or bike ride to the beautiful beach with its fine, white sand. Flagler Avenue and Canal Street are close by, too, if you want to shop, eat out, play shuffleboard, go to Wine Walk, a car show, or one of the many events in town. At the south end of the island is Canaveral National Seashore and at the north end of the island is Smyrna Dunes Park. Both parks are great for walking, hiking, enjoying the beach, watching the wildlife or shelling - there's something for everyone. The floor plan accommodates privacy and space for family, friends and guests. There is a separate living area upstairs and with a private entrance. . . perfect for visiting family, guests or in-laws. With two water heaters and A/C systems, everyone can stay comfortable! If you don't like to walk up stairs, you can use the elevator instead. There are roll-down shutters and wind-rated windows. A large fenced back yard is just waiting for you to build the pool of your dreams and make it an oasis.
From the second story deck, you can watch the sunrise or a rocket launch and from the front yard you can watch the beautiful sunsets that we have here. Across the street is Callalisa Creek with bike/walking trails and a park. A family home since 1990, this is the first time it will have changed hands and now it could be yours. It is solid with good bones - it's concrete block and sits up high off the street. It has come through many a storm unscathed and a new roof was put on in 2018. Dreaming of living beachside in New Smyrna Beach? Well. . . . here's your opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $1,039 | $1,039 | $1,039 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,924 | $3,773 |
Total Monthly Payment | $4,058 | $4,055 | $4,904 |
* 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.