Welcome to coastal luxury in New Smyrna Beach. This stunning 5THfloor condo at 5300 South Atlantic Ave offers panoramic ocean views from the kitchen/dining room, living room, primary bedroom and private balcony. Encompassing 1600 sq ft, this 3-bedroom 2-bath home features tall ceilings and large sliding glass doors, inviting natural light and spectacular ocean views. The rear view overlooks an expansive nature preserve offering colorful sunset views. Meticulously maintained, this one owner unit has never been rented short term, ensuring pristine condition. This condo has only been occupied seasonally. The private balcony is accessible from the primary bedroom and living room. The remote-controlled retractable screen keeps insects out and is perfect for ocean breezes while watching the waves, surfers, wildlife, and even rocket launches. Neutral porcelain tile and new (2022) luxury vinyl plank flooring create a serene space with the calming coastal color palette. The kitchen features cherry cabinets, stainless steel appliances, double oven stove, granite countertops and breakfast bar. The dining area with custom light fixture can host dinner gatherings. The primary suite with its own balcony entrance offers a luxurious retreat with sunrise views over the ocean. The spacious ensuite bath has dual sinks, jetted tub for 2, and walk-in shower. Large walk-in closet with additional shelving. Two additional bedrooms provide ample space and storage, making this home ideal for hosting friends and family. The second bath is ensuite to one bedroom but also accessible from the main hallway for guest use. Practical conveniences include a dedicated laundry room with a new LG Wash Tower washer/dryer, mop sink, and a linen closet. The Private outdoor storage closet is ideal for beach gear. Recent upgrades include a new hot water heater (2024). A whole house surge protector (2021). Bryant AC with a coastal protection upgrade (2020). Building 18 is managed by a fully funded COA, was recently weatherproofed and painted (2023), and had its SIRS. Resort amenities include: Direct access to the no-drive beach. Gated entrance. Garage parking. 2 clubhouses. 2 fitness centers. 2 heated pools. Basketball, bocce, tennis, and shuffleboard courts. Raised boardwalk nature trail. Plus more in this exclusive pet friendly community. Close to Canaveral National Seashore, Daytona, Orlando, Mt. Dora and historic St. Augustine. All information is intended to be accurate, however not guaranteed.
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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 | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $566 | $566 | $566 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,310 | $3,185 | $4,041 |
Total Monthly Payment | $3,968 | $3,843 | $4,699 |
* 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.