5207 S Atlantic AVENUE, #1226, New Smyrna Beach, FL, 32169 | $790,000

Recently remodeled, the 12th floor end unit has east and south facing views with lots of light and oceanfront ONE-OF-A KIND VIEWS of the Atlantic Ocean and the Intercoastal Waterway and is located on the non-driving beach. Six sliding glass doors lead to 3 balconies uniquely positioned to provide STUNNING SUNRISE VIEWS and AMAZING SUNSET views. Direct views of NASA Rocket Launches. The spacious living area has ample seating, Ocean views can also be seen from the fully equipped kitchen with all stainless-steel appliances. All new impact windows throughout the unit. The owner's suite has balcony access, king size bed, walk-in closet, bathroom w/ walk-in shower, double vanity, and linen closet. The second bedroom has balcony access and a king size bed. There is a full-size washer and dryer conveniently located in the unit. Building amenities include secure entry, two elevators, UNDERGROUND PARKING, beautiful recently refurbished pool, hot tub, sauna, club room, grill area and shuffleboard court. Community has been updated with fiber optic cable. Easy access to the no drive beach. Rental income will help cover the cost of ownership. Future bookings can be transferred to the new owner. Seller has rental history for this unit and the community and has an on -site rental office and management. Milestone Inspection was completed.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 12
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Room
  • Complex: SEASCAPE TOWERS CONDO PH 01
  • Year Built: 1986
  • Approx Sq. Feet: 1,347
  • Acreage: 1.98
  • Est. Taxes: $8,799
  • Condo Fee: $1,599 Monthly
  • View: Water
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: O6238938
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/O6238938/5207satlanticavenue_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 4:06:25 PM)
Listing courtesy of COLLADO REAL ESTATE   Phone: 386-427-0002

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5207 S Atlantic AVENUE, #1226, New Smyrna Beach, FL, 32169

$790,000

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 $632,000 $632,000 $632,000
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 $733 $733 $733
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,205 $4,200 $5,419
Total Monthly Payment $5,030 $5,025 $6,244

* 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.