LOW MAINTENANCE LIVING! CLOSE TO SUNNY BEACHES OF NEW SMYRNA BEACH AND FISHERMAN'S DREAM OF NEARBY RIVERS AND LAGOON! RECENT PRICE REDUCTION to $240, 000. Unheard of price for area and for a single family home in Edgewater! Don't miss this unique opportunity to own a well-maintained and loved home on FOUR SPACIOUS LOTS in Florida Shores, offering plenty of elbow room and the perfect canvas to create your dream space with just a few updates! Sellers have primed and readied 2nd bedroom in neutral color and ready for color of your choice. The home features:
-- FLEX SPACE ROOM (Photo is room with roll down window shade): Flexible room that could have many uses - Home Office, Small Bedroom, 2nd Bathroom (wall backs up to primary bathroom) or craft room.
LARGE FENCED YARD AND ALMOST HALF AN ACRE!
- AMAZING TREE CANOPY, WELL MAINTAINED MATURE LIVE OAKS AND MAGNOLIAS!
- EASY TO CARE FOR FLOORING, TERRAZZO AND CERAMIC TILE THROUGHOUT!
- TANKLESS WATER HEATER!
- HVAC NEW IN 2020 AND WELL MAINTAINED!
- HIGH AND DRY LAND, NICE ELEVATED LOT AND AREA!
This Tranquil home located on almost half an acre in Florida Shores comes with the PRIVACY that everyone craves, but the convenience to the beaches, river, shopping and interstate! Covered Parking for THREE Vehicles. ASK ABOUT an FHA 203(k) Renovation Loan. SPACE to easily add a bathroom for expansion. LARGE ROOMS. 560 square foot Screened Room. Large fenced yard. Second Bedroom has freshly painted neutral walls ready for your design if desired. Tankless Water Heater for unlimited supply. Updated Kitchen has 50 square ft of counter space, large pantry, Bosch built-in five burner stovetop, Bosch convection oven, Mushroom Style roof mounted stove exhaust and undersink Reverse Osmosis Water Filtration System. Kitchen cabinets are PLYWOOD with wood laminate. STORM READY with Owner-constructed Bahama shutters (see photos), easy to use plywood coverings (See photos) and a transfer switch for your generator. Irrigation well. FPL has plans to move utility lines underground beginning in 2025. Mower fits perfectly in the well-organized and spacious outdoor storage room. Hot Tub and riding lawn mower are available but owners will remove.
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Our Executive Mortgage Banker:
Our Insurance Division:
$240,000
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 | $192,000 | $192,000 | $192,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,261 | $1,276 | $1,619 |
Total Monthly Payment | $1,336 | $1,351 | $1,694 |
* 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.