5499 S Atlantic AVENUE, #1101, New Smyrna Beach, FL, 32169 | $1,600,000

Welcome to the Premiere Condo Listing on New Smyrna Beach. This Penthouse Level unit has Unobstructed views to the south, making it possible to see Canaveral National Seashore and Kennedy Space Center launch pad and giving you the BEST VIEW of ANY PROPERTY on the South Beach. Impact glass windows throughout this condo lets the light flow throughout the southern exposure adding to a unique living experience. The panoramic views on the balcony remind you that you are truly Pelican High and also on the top floor makes it the most peaceful unit in the complex. No sounds from bouncing balls or sliding dining chairs, just pure tranquility. Open floor plan in this creatively updated unit gives it the beachy lifestyle. Three graciously sized bedrooms and three bathrooms gives everyone their space. Southwind has also completed an extensive exterior building restoration project including patio/decking resurfacing and re-landscaping of the garden areas. This complex also has a cooling tower to help lower your energy bills and eliminates the need of having a rooftop AC unit. The many fun amenities offered at Southwind include an Olympic size pool that is heated seasonally, shuffleboard, tennis, Pickleball, with a half-court basketball area and BBQ area on the north side of the property. Car/Boat cleaning station and Kayak/SUP storage racks. 12th Floor - Recently Updated Owners Lounge offering pool, ping-pong, game tables, lounge area w/TV & fireplace, kitchen w/bar – all with a rooftop oceanfront deck. Minutes from the charming downtown of New Smyrna Beach with galleries, boutiques, restaurants, and entertainment, this coastal retreat offers an unparalleled lifestyle experience, epitomizing the pinnacle of coastal living. Want to generate some rental income? Southwind is one of the few condos on the island allowing minimum weekly rentals. Don't miss out on this rare opportunity to preview this one-of-a-kind unit in New Smyrna Beach. Location, Location, VIEW!!! ALL MEASUREMENTS ARE DEEMED TO BE ACCURATE. PLEASE VERIFY ANY THAT ARE IMPORTANT TO YOU.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 11
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Inside, Laundry Closet
  • Complex: SOUTHWIND CONDOMINIUM
  • Year Built: 1980
  • Common Charge: $950 Monthly
  • Approx Sq. Feet: 1,816
  • Acreage: 2.9
  • Est. Taxes: $13,029
  • Elem. School: Coronado Beach Elem
  • Middle School: New Smyrna Beach Middl
  • High School: New Smyrna Beach High
  • Pet Policy: Cats OK, Dogs OK, Size Limit
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • MLS#: NS1082270
  • Days on Market: 21 days
  • Website: https://www.raveis.com
    /prop/NS1082270/5499satlanticavenue_newsmyrnabeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/23/2024 5:17:13 PM)
Listing courtesy of OCEAN PROPERTIES & MANAGEMENT   Phone: 386-428-0975

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5499 S Atlantic AVENUE, #1101, New Smyrna Beach, FL, 32169

$1,600,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $1,280,000 $1,280,000 $1,280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.371% 6.348% 6.201%
Monthly Tax Payment $1,086 $1,086 $1,086
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,777 $7,881 $10,801
Total Monthly Payment $8,988 $9,092 $12,012

* 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.