Under contract-accepting backup offers. Experience the ultimate waterfront lifestyle with this exceptional riverfront lot in New Smyrna Beach, ideally situated between the breathtaking Canaveral National Seashore Flagler Avenue, and Canal Street. This lot offers 50 feet of direct river frontage and a depth of 234 feet, creating a serene and private setting for your dream home. Imagine unwinding every evening as you soak in the stunning river views and spectacular sunsets. With no HOA restrictions, this expansive parcel gives you the freedom to design and build your custom home in one of New Smyrna Beach’s most charming beachside communities. Architectural plans were created for this lot. Just a short stroll from the no-drive section of the beach, this location offers the best of coastal living. The neighboring custom homes are meticulously maintained, enhancing the appeal of this sought-after lot. Don’t miss this rare opportunity to create your perfect beachside retreat on the desirable Turtlemound Road, where you can fully embrace the tranquility and beauty of riverside living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$579,000
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 | $463,200 | $463,200 | $463,200 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,082 | $3,079 | $3,906 |
Total Monthly Payment | $3,174 | $3,171 | $3,998 |
* 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.