4175 S Atlantic AVENUE, #4120, New Smyrna Beach, FL, 32169 | $510,000

Discover Your Dream Oceanfront Home at Castle Reef, a tropical, resort-style oceanfront complex nestled on a serene no-drive beach. Imagine waking up to breathtaking sunrises and unwinding in the evenings with spectacular sunsets, all visible from the comfort of your own unit. This exquisite property is perfect as your new paradise home or as a lucrative investment opportunity. Enjoy uninterrupted views of the ocean right from your unit. The unit boasts a newly renovated kitchen featuring quartz countertops, modern appliances, and brand-new flooring throughout. Two updated bathrooms and stylish new furniture complete the luxurious feel. Relax in the heated pool or let the little ones splash around in the kiddie pool. Make use of outdoor showers, bathrooms, and convenient gas grills. Engage in a friendly game of shuffleboard, pickleball, or tennis. Host unforgettable family reunions, birthdays, and holiday celebrations at the gazebo or clubhouse. Step out of your door and onto the pristine sands of the no-drive beach. A shopping center across the street meets all your daily needs, while Flagler Avenue offers a vibrant array of restaurants, nightlife, and unique shopping experiences. Enjoy easy day trips to the Daytona Speedway, historic St. Augustine, Walt Disney World, Kennedy Space Center, and other world-famous theme parks. Embrace a life of luxury and convenience at Castle Reef. Whether you’re looking for a permanent residence or a prime investment property, this is your chance to own a piece of paradise. Come and experience the Castle Reef lifestyle – your new life in paradise awaits! Seller will pay assessment of $690. 00 a month through December 31, 2024.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 5
  • Amenities: Cable TV, Clubhouse, Elevator(s), Laundry, Pickleball Court(s), Pool, Shuffleboard Court, Tennis Court(s), Vehicle Restrictions
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area
  • Complex: CASTLE REEF CONDO
  • Year Built: 1978
  • Common Charge: $573 Monthly
  • Approx Sq. Feet: 944
  • Acreage: 4.91
  • Est. Taxes: $6,495
  • Lot Desc: CoastalConstruction Control Line, City Lot, Landscaped, Sidewalk
  • View: Garden, Pool, Water
  • Elem. School: Coronado Beach Elem
  • Middle School: New Smyrna Beach Middl
  • High School: New Smyrna Beach High
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
  • MLS#: NS1082351
  • Days on Market: 95 days
  • Website: https://www.raveis.com
    /prop/NS1082351/4175satlanticavenue_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 11/23/2024 3:47:07 PM)
Listing courtesy of WEICHERT REALTORS HALLMARK PR   Phone: 386-427-2622

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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

Our Executive Mortgage Banker:

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Our Insurance Division:

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4175 S Atlantic AVENUE, #4120, New Smyrna Beach, FL, 32169

$510,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $408,000 $408,000 $408,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $541 $541 $541
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,714 $2,712 $3,498
Total Monthly Payment $3,347 $3,345 $4,131

* 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.