Owner financing a possibility. Beach Lovers dream on no drive beach in the coveted Errol-by-the-Sea community, New Smyrna Beach, FL! This 2-bedroom, 2-bathroom first floor condo offers the ultimate coastal living experience. Step inside this meticulously maintained unit to discover a totally renovated kitchen with a new refrigerator and built in stackable washer/ dryer installed in 2022. A new A/C unit was installed in May 2021. You will appreciate the totally remodeled open floor plan and balcony overlooking the manicured courtyard and pools. The flooring is exceptional with tile that appears to be wood. Errol by the Sea offers an array of amenities, including two pools with one heated, a clubhouse, tennis and shuffleboard courts. This unit is being sold furnished with beautiful furniture and appliances, move-in ready. Surrounded by lush landscaping, this condo epitomizes tranquil beachfront living. Beyond the amenities, direct beach access invites you to enjoy New Smyrna's sandy shores and stunning sunrises. This oceanfront retreat caters to diverse needs, whether it's a permanent residence, vacation getaway, or investment opportunity. Schedule a showing today! POSSIBLE OWNER FINANCING!
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Our Executive Mortgage Banker:
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$705,000
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 | $564,000 | $564,000 | $564,000 |
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 | $782 | $782 | $782 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,800 | $3,749 | $4,756 |
Total Monthly Payment | $4,674 | $4,623 | $5,630 |
* 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.