3801 S Atlantic AVENUE, #UT305, New Smyrna Beach, FL, 32169 | $499,500

Embrace the quintessential beach lifestyle with this two bedroom two bathroom condo, where the ocean waves greet you at the door every time you come home. Designed for beach lovers and savvy investors alike, this coastal gem offers unparalleled access to sun, surf, and sand. Experience the joy of having the beach as your backyard, including a beachfront park complete with a basketball court, playground, and picnic pavilions right next door. Inside, you’ll find a light and bright kitchen featuring tile floors, granite counters and backsplash, and a pass through wall into the dining room. The seamless flow from the dining into the living room is highlighted by neutral colors and natural light filling the space. Entertain or unwind as you open the sliding glass doors, welcoming the fresh salty air and soothing ocean breeze into your home. Step out onto the balcony to indulge in the mesmerizing views of cascading waves and the tranquil swimming pool below. The primary suite is your personal retreat with direct balcony access, two closets, and an en-suite bath with a tub/shower combo. Your guests or family will adore the second bright and airy bedroom and the additional bathroom's convenience. The condo's amenities—including a swimming pool, hot tub, shuffleboard court, and direct beach access—create the ideal beach lifestyle. Located just steps away from a 7-Eleven, a delightful taco and ice cream shop, and the sandy shoreline, every day feels like a vacation! You’ll also be moments away from iconic restaurants including The Garlic and Norwood’s Treehouse, fishing and boating on the IndianRiver, Publix, and fresh seafood galore. Investors will appreciate the property's strong potential for monthly cash flow as a high-demand beach rental. Don't miss the opportunity to schedule a showing today and dive into the beach life you've always dreamed of!

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 3
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Same Floor As Condo Unit
  • Complex: POINT EAST
  • Year Built: 1973
  • Approx Sq. Feet: 912
  • Acreage: 2.71
  • Est. Taxes: $6,061
  • Condo Fee: $650 Monthly
  • View: Water
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Convection Oven, Cooktop, Dishwasher, Freezer, Microwave, Refrigerator
  • MLS#: O6236371
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/O6236371/3801satlanticavenue_newsmyrnabeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/21/2024 6:43:51 AM)
Listing courtesy of FUTURE HOME REALTY INC   Phone: 800-921-1330

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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3801 S Atlantic AVENUE, #UT305, New Smyrna Beach, FL, 32169

$499,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $399,600 $399,600 $399,600
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $505 $505 $505
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,428 $2,428 $3,158
Total Monthly Payment $3,008 $3,008 $3,738

* 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.