Opportunity to own a direct oceanfront property in New Smyrna Beach to build you family's oceanfront home. This exceptional 0.41-acre lot with 75 feet of ocean frontage, is ideally located on the no-drive section of New Smyrna Beach. Offering a blank canvas for your custom-designed home, this deep "raw land" parcel is ready to build. Wake up to stunning sunrises over the Atlantic Ocean, enjoy peaceful walks or bike rides along the quiet beach, and revel in the serene beauty of the nearby Canaveral National Seashore. Plans available for a magnificent coastal-style residence spanning approximately 4,000 square feet of living space and nearly 6,400 square feet under roof. These plans, which took over three years to develop, allow for construction to potentially begin as early as 2025.
5575 S Atlantic, New Smyrna Beach, FL, 32169
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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