Rare opportunity to own a FULLY FURNISHED 2 br/2 bath oceanfront condo at the highly sought after Errol By The Sea. Move in ready corner unit beautifully remodeled from top to bottom. Tempur-pedic king size mattresses in both bedrooms. The oceanfront windows and sliders to the balcony have just been replaced, as well as the refrigerator and washer and dryer. AC was replaced within the last 3 years. Custom plantation shutters throughout the unit, creating a cohesive coastal look. The view from this condo feels like you're sitting above the beach and the corner unit location gives a wonderful sense of privacy, yet is steps from an elevator. The complex wraps around a massive beautifully landscaped courtyard where the pools, two shuffleboard courts and a sunbathing deck overlook the ocean. Errol is located on the no drive part of the beach. Adjacent to the office is a clubhouse available to owners, with a kitchen and restrooms, along with a lighted tennis court and more shuffleboard courts. New Smyrna Beach has a vibrant downtown area, full of boutique shops and endless selection of savory restaurants. Schedule a showing today to make this a permanent residence or an amazing vacation spot you won't be disappointed!
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William Raveis Mortgage, LLC
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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 | $639,920 | $639,920 | $639,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $822 | $822 | $822 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,311 | $4,253 | $5,397 |
Total Monthly Payment | $5,225 | $5,167 | $6,311 |
* 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.