This property is 3+ acres of mostly cleared land with three parcel numbers: 633601007940, 633601007710, and 633601007650, being offered as a whole. It consists of 20 individual lots and potential real estate developers are free to create whatever they wish within New Smyrna Beach building codes. There are 2 pre-existing homes on the property. 2910 Hardy Ave is a 1555 sqft concrete block construction. It has been completely gutted with all new hurricane-proof doors and windows, new AC, new flooring and a new kitchen. This home would make a great office for the builder as a model home. The other home, 2918 Hardy Ave, is 1992 sqft and made of frame construction.
It is within the highly sought-after Turnbull Shores. The proximity to both Daytona International Airport and NSB Municipal Airport ensures seamless travel for business and leisure.
The Turnbull Bay boat launch is just moments away for those who love water activities. Sports enthusiasts will delight in the proximity to the New Smyrna Sports Complex, which offers a variety of recreational facilities and activities to suit different interests. Cultural enthusiasts will appreciate the nearby 69-acre Ecological Preserve and Atlantic Center for the Arts, an aspiring hub for creativity and artistic expression. The arts center has a campus residency program where artists from al over the world can live, create, and network.
This property is a canvas for your envisioned lifestyle, offering the perfect setting to create a haven that embodies your aspirations. Seize the opportunity to make your dream homes a reality, surrounded by the allure of Turnbull Shores and its many attractions. Your dream development is not just a possibility; it's a promising reality waiting to be realized on this exceptional property!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,650,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,320,000 | $1,320,000 | $1,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,452 | $8,561 | $11,590 |
Total Monthly Payment | $8,577 | $8,686 | $11,715 |
* 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.