5300 S Atlantic AVENUE, #8-507, New Smyrna Beach, FL, 32169 | $539,000

Presenting Unit 8-507 at the beautiful Ocean Walk community—this elegantly designed, fully furnished 3-bedroom, 2-bath corner residence offers an unparalleled coastal living experience. Nestled in Building 8, this standout unit boasts one of the most sought-after floorplans, offering direct proximity to the resort-style pools and a short stroll to the serene no-drive zone of New Smyrna Beach.

Property Highlights:
· The 5th floor boasts higher ceilings than all other floors.
· Spacious Master Suite featuring a king-sized bed, en-suite bath with a luxurious jacuzzi tub, and a private screened balcony—perfect for savoring serene sunsets.
· Second Bedroom with a king-sized bed, offering comfort and relaxation for family or guests.
· Third Bedroom with versatile full and twin bunk beds, ideal for extended family or additional visitors.
· Second private balcony off the living room - providing idyllic spaces to soak in stunning sunrise views or unwind with a sunset cocktail.
· Large Kitchen, fully equipped with modern appliances, alongside an in-unit washer and dryer for utmost convenience.
· NEW AC and NEW Water Heater installed in June 2024.
· The unit has the largest storage room in the building and is conveniently located next to the elevator, ideal for housing all your beach gear.
· One covered parking space in building garage.
· Fully furnished and ready to enjoy!

Ocean Walk Community Amenities:

· Two resort-style Pools with lush surroundings
· Two state-of-the-art Fitness Centers
· Tennis Courts, Shuffleboard, and Bocce court for active leisure
· Elegant Clubhouse, perfect for social gatherings
· Serene Nature Trail that stretches along the Estuary
· A short, scenic walk to the pristine, car-free sands of New Smyrna Beach, where you can experience the magic of sea turtles nesting and enjoy endless beach activities for the whole family.

A Prime Investment and Lifestyle Opportunity:

This fully furnished unit presents an exciting opportunity to generate income while you’re not enjoying the property yourself. This dual-purpose haven offers the perfect balance of creating cherished family memories and producing short-term rental income in a high-demand destination.

Don’t miss this exclusive opportunity to own a distinguished unit in one of New Smyrna Beach’s most coveted communities. Whether you're looking for a primary residence, vacation retreat, or income-generating rental property, this corner unit offers it all. Contact us today to schedule a private tour of this exceptional home!

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 5
  • Rooms: 3
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Complex: OCEAN WALK CONDO AT NSB BLDG 08
  • Year Built: 2005
  • Common Charge: $745 Monthly
  • Approx Sq. Feet: 1,798
  • Acreage: 0.53
  • Est. Taxes: $7,324
  • View: Tennis Court, Water
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • MLS#: O6244084
  • Days on Market: 46 days
  • Website: https://www.raveis.com
    /prop/O6244084/5300satlanticavenue_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 11/23/2024 3:17:08 PM)
Listing courtesy of EPIC FLORIDA REALTY LLC   Phone: 407-709-6176

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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5300 S Atlantic AVENUE, #8-507, New Smyrna Beach, FL, 32169

$539,000

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 $431,200 $431,200 $431,200
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 $610 $610 $610
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,869 $2,866 $3,697
Total Monthly Payment $3,571 $3,568 $4,399

* 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.