Pre-Construction. To be built. Prime oceanfront pre-construction home in New Smyrna Beach. Embrace the beauty of coastal living with this exceptional oceanfront island home by famed Architect David Harper, and seasoned coastal contractor, Walters Construction. Nestled between the scenic Canaveral National Seashore, Flagler Avenue, Canal Street, and walking distance to JB’s Fishcamp. Located along no-drive section of beach, you’ll enjoy serene beachfront living while being just moments to Intracoastal access boat ramps, boutique shopping, vibrant dining, and local entertainment on Flagler Avenue. Surrounded by meticulously maintained custom homes, this location offers an unparalleled opportunity to own a private retreat that captures the essence of coastal elegance. This 6 bedroom, 7 full bathroom, four story home offers almost 4, 000sq. ft. under air and approximately 7, 000sq. ft. under beam. It is not in a flood zone. It has a county maintained sturdy seawall. With 3 separate secure living floors, there are 3 AC systems and an elevator connecting all four levels. This home will be protected by a fire protectant sprinkler system and PGT impact windows. There is an optional pool package that is an additional $125, 000. 00. The Architect, David Harper, is the recipient of over 20 Design awards for Design Excellence, responsible for creating the modern hurricane building code in Florida, and listed within Wikipedia among the Most Notable Architects of the 21st century. Walters Construction is the largest and most active beachfront residential home builder in New Smyrna Beach. Own a piece of oceanfront paradise in our beachside town enjoying the best of New Smyrna Beach’s relaxed lifestyle and natural beauty for years to come.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,750,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,800,000 | $3,800,000 | $3,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.876% | 6.725% |
Monthly Tax Payment | $514 | $514 | $514 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $24,332 | $24,647 | $33,102 |
Total Monthly Payment | $24,971 | $25,286 | $33,741 |
* 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.