Under contract-accepting backup offers. STRUCTURAL RESTORATIONS…almost COMPLETE! RESERVES…ALL IN PLACE! PROJECTED ASSESSMENTS…ALL PAID! In keeping with the Florida State mandated SIRS and required milestone inspections, THIS OCEANFRONT condo association has stayed ahead of the directives and is now completing the last of the major repairs! With recent assessments exceeding $80K (completely paid by the seller) and no further assessments anticipated in the near future by the HOA, the new owners can acquire this condo confidently, without fear of unexpected assessments and with the security of knowing their investment is STRUCTURALLY and FINANCIALLY SOUND! The 4. 5 MILLION dollar restoration project included NEW STAIRWELLS…NEW RAILINGS…NEW BALCONIES…NEW ROOF…ELEVATOR UPDATES…RAMP IMPROVEMENTS…PARKING GARAGE and SPORTS COURTS RESTORATION (2024-2025)…NEW WINDOWS and GLASS SLIDING DOORS with protective wind ratings up to 145 mph (category 5 hurricane), and much more!! With DIRECT OCEANFRONT VIEWS from your PRIVATE BALCONY, early morning coffee will never be the same as you experience the breaking of day with its breath-taking sunrise; and with the magnificent sounds of the Atlantic waves crashing, there is nothing to compare to the salty-air breezes with the sand beneath your feet on your very own PRIVATE BEACH that merges for miles into the NO-DRIVE portion of NEW SMYRNA BEACH, making restorative beach walks at sunset more than just a dream! RESORT LIVING is sure to be enjoyed by all with the many amenities offered at Sunrise Condos: OCEANFRONT POOL, TENNIS, PICKLEBALL and BASKETBALL COURTS, SHUFFLEBOARD, and gas BBQ grills for the entire beach experience!
Recent improvements within this unit include a REMODELED KITCHEN with SPARKLING WHITE SHAKER CABINETRY, decorative MARBLE-LIKE TUMBLED STONE BACKSPLASH, glistening GRANITE countertops, RECESSED LIGHTING, and gleaming SS APPLIANCES! Both BATHROOMS have also been renovated and feature brilliant WHITE SUBWAY TILE, GRANITE countertops adorning WHITE VANITIES, PLUMBING FIXTURES and TOILETS! Beachy CERAMIC WOOD PLANKS have been installed and extend continuously throughout all of the floors below; and above, the trendy NEW LIGHTING keeps everything light and bright! The HVAC (2019) and hot water heater (2024) have both been replaced, ensuring everyone a cool and refreshing experience indoors! The OPEN-CONCEPT LIVING allows for EASE-OF-FLOW with GIVE-AND-TAKE spacing shared between the living and dining rooms. The PRIMARY SUITE boasts a PRIVATE ENSUITE, a WALK-IN CLOSET, and OCEANFRONT VIEWS through a glass slider. Offering additional accommodations for guests, a second bedroom has its own WALK-IN CLOSET, and a BONUS ROOM, complete with fold-out sofa, is just off the main living area, functioning perfectly for that extra needed space for sitting or sleeping. There’s a huge closet dedicated for beach toys and accessories, and a CLOSET LAUNDRY houses a washer and dryer.
With all of these IMPROVEMENTS MADE and PAID, this unit is ready for owner-occupants and/or as an INCOME GENERATING RENTAL! Rentals currently scheduled from the end of December going into April with adoring renters who have been returning for years! NSB is quickly becoming Florida’s trending beach for so many reasons. . . something the locals have known for a good while. THIS CONDO…THIS ASSOCIATION…THIS LOCATION!!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $455,920 | $455,920 | $455,920 |
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 | $631 | $631 | $631 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,033 | $3,030 | $3,909 |
Total Monthly Payment | $3,756 | $3,753 | $4,632 |
* 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.