5300 S Atlantic AVENUE, #2-507, New Smyrna Beach, FL, 32169 | $585,000

Welcome to the premier resort style, Ocean Walk Condominium complex at New Smyrna Beach, a sprawling and gated, well-maintained tropical paradise and your 5th floor CORNER UNIT oasis located on New Smyrna's No-Drive beach. Breathtaking views await from this spacious 5th story, CORNER END UNIT'S windows and TWO BALCONIES. Designed with exceptional architectural details, you’ll notice special features include 9' ceilings, large ceramic tile floors, hurricane rated sliding doors and double sided/covered balconies. The design allows you to watch the sun rise over the ocean and set over the Indian River Lagoon. Florida living at its best. Entering, the open design lends to entertaining with large, family room style seating, flowing to the kitchen with expansive counter seating for 5. A dining area and table provide more formal dining. Bright and inviting views from every sq ft of living area. The main balcony provides peaceful views of one of the pools and tennis courts. The primary suite, spacious with breathtaking views of the Atlantic Ocean from the windows to its large private balcony off the master suite is perfect for relaxing with a glass of wine, viewing sunrises and unobstructed rocket launches . The spa-like en-suite primary bathroom features double sinks, oversized shower, private water closet, large walk-in closet and separate linen storage space that make up this ample owner's suite. Unit features a private "guest wing" with a pocket door for privacy that separates the guest bathroom and 2 additional bedrooms. Unit comfortably sleeps 9. 2021 updates included all new Samsung stainless appliances and AC along with an iComfort thermostat and keyless touch entry. Bldg 2 is nearing completion of painting/rust mitigation along with elevator updates. Roof replaced in 2018. But wait; there's more. . . in-unit large laundry room, keyless touch entry, private, same floor, storage unit by elevator, dedicated access to the no-drive beach which is only steps away on a private beach walkover. Nature walkways along the estuary are alive with wildlife. Lifestyle amenities include 2 clubhouses, 2 heated pools, spas, fully equipped gym, tennis courts, shuffleboard, bocce ball, outdoor BBQ area and theater room. Close to Orlando, Daytona Speedway, Kennedy Space Center and a 5 min drive to the Canaveral National Seashore. The white sand beach attracts shore birds, nesting sea turtles, and is perfect for long walks, bike rides, surfing, fishing, or just relaxing. Enjoy strolling Canal St and Flagler Ave to feel the artistic vibe, indulge in new epicurean delights and weekend seaside festivals. New Smyrna Beach is one of the top rated beaches in Florida, situated on a barrier Island between the Atlantic Ocean and the Indian River Lagoon. Ready and squeaky clean, this condo comes completely decorated and furnished from linens to dinnerware and everything in between. Ready to go as a rental investment with no minimum daily requirement or pack your bags and bring your sunscreen; Paradise is only a decision away.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 6
  • Amenities: Cable TV, Clubhouse, Elevator(s), Gated, Maintenance, Pool, Recreation Facilities, Sauna, Shuffleboard Court, Spa/Hot Tub, Storage, Tennis Court(s)
  • Rooms: 11
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Complex: OCEAN WALK AT NEW SMYRNA BEACH BLDG 2
  • Year Built: 2004
  • Common Charge: $750 Monthly
  • Approx Sq. Feet: 1,768
  • Est. Taxes: $5,577
  • Lot Desc: City Lot
  • View: 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, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: NS1082354
  • Days on Market: 62 days
  • Website: https://www.raveis.com
    /prop/NS1082354/5300satlanticavenue_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 12/26/2024 9:17:07 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

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5300 S Atlantic AVENUE, #2-507, New Smyrna Beach, FL, 32169

$585,000

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 $468,000 $468,000 $468,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $465 $465 $465
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,232 $3,153 $3,981
Total Monthly Payment $3,789 $3,710 $4,538

* 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.