Embrace the opportunity to live with your family, retire, rent, or invest and generate income with Airbnb in this beautiful and recently remodeled 3-bedroom/2-bathroom home where you own the land! Nestled in the unique and desirable Riverfront family community of Terra Mar Village, this residence features a bright oversized living area with vaulted ceilings, a dining/living room combo, spacious kitchen, oversized family room, in-unit laundry with outdoor access, a large master bedroom, and a main suite bathroom with a double vanity, shower, and spacious tub. The community amenities have been recently remodeled, offering a fishing pier, boat ramp, two pools, brick grill, pickleball, horseshoe ring toss, a spacious clubhouse with a large kitchen, and storage space (available for a fee for boats, RVs, and more). New boat slips are currently being constructed for storing boats for a fee. Explore nature by walking to the pier, enjoying the natural beauty, and spotting dolphins and manatees. Take it to the next level with kayaking, canoeing, or paddling through the community's private boat ramp to Mosquito Lagoon, a natural reserve with designated paddling trails extending from Callalisa Park in New Smyrna Beach to Turtle Mound in the Canaveral National Seashore. The property is only 15 minutes from New Smyrna Beach, 40 minutes to Kennedy Space Center, and 1 hour to Orlando International Airport. Don't miss out on this affordable property!
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Our Executive Mortgage Banker:
Our Insurance Division:
$209,000
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 | $167,200 | $167,200 | $167,200 |
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 | $70 | $70 | $70 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,126 | $1,111 | $1,410 |
Total Monthly Payment | $1,271 | $1,256 | $1,555 |
* 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.