HUGE RENTAL POTENTIAL! OVER $100k/yr, and you still get to use it when you want. On-site management office helps keep the unit full. Rentals are so busy, HOA requires 2-week minimums from 1/1 to 3/31, and they are still booked up.
Welcome to Seascape Towers, one of the nicest, and well-kept condos in New Smyrna Beach. Experience the ultimate in beachfront living with this rare, professionally designed 2-bedroom, 2-bathroom oceanfront condo, boasting one of the most coveted floorplans in the building. This exceptional unit is 1 of only 2 in the entire complex to feature 3 private balconies, each offering breathtaking, uninterrupted ocean views. This is the ONLY condo in the building where you can enjoy natural sunlight from sunrise to sunset from all 3 three balconies, creating the perfect space to relax and soak in the coastal beauty.
This unit offers a front-row seat to something truly special – unobstructed views of rocket launches from Kennedy Space Center right from your balcony. Imagine watching history in the making as rockets soar into the sky, all from the comfort of your own home. Nestled on a no-drive beach, you’ll experience the ultimate in relaxation and tranquility. With no traffic in sight, the beach remains a peaceful retreat – perfect for sunbathing, beach walks, and enjoying the gentle sound of the ocean. And when it’s time to unwind, the Miami-style pool, deck, and grill area provide a sleek, modern space for relaxation and entertainment. Whether you’re cooling off in the pool, lounging on the deck, or hosting a barbecue, this amenity elevates your lifestyle.
The condo comes fully furnished with stylish beach furniture and decor, ready for you to move in and start enjoying the beach lifestyle immediately. On the market for the first time since 2015, this condo has been meticulously staged and is a highly sought-after gem you don’t want to miss!
No back-owed special assessments or HOAs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$814,000
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 | $651,200 | $651,200 | $651,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $722 | $722 | $722 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,224 | $4,170 | $5,718 |
Total Monthly Payment | $5,038 | $4,984 | $6,532 |
* 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.