501 S Peninsula AVENUE, New Smyrna Beach, FL, 32169 | $995,000

Nestled in central beach and walking distance to the shops and restaurants of Flagler Avenue, the Intracoastal Waterway, and the beautiful beaches of New Smyrna Beach. This spacious 4-bedroom, 3-bathroom concrete block home offers the perfect blend of comfort and coastal charm. Situated on a meticulously maintained corner lot, this residence boasts an inviting open floor plan filled with natural light, wood plank tile flooring throughout, and multiple living spaces designed for easy living. The thoughtfully designed layout includes formal living and dining rooms, a cozy family room, and a versatile bonus room—ideal for use as a home office, personal gym, or art studio. The kitchen is a chef's delight, featuring stainless steel appliances, custom shaker-style cabinetry, Corian countertops, and a breakfast bar that overlooks the living room, making it perfect for entertaining. The expansive owner’s suite offers a tranquil retreat with dual vanities, a custom-tiled walk-in shower, and a private water closet. An indoor utility room, conveniently located near the oversized two-car garage, provides additional storage and laundry space. The finished garage accommodates two vehicles and a golf cart and includes a utility sink, and ramp access to an additional sitting area outside. Step outdoors to enjoy a charming paver patio surrounded by lush hedges and fencing for added privacy, creating the perfect setting for relaxing or hosting guests and go for a swim in your luxury 15'x7. 8' H2X Jetted Fitness swim spa for training, and therapy from Master Spas. A natural gas whole-house generator provides peace of mind during stormy weather. With its unbeatable location near parks, waterways, and beaches, along with a host of thoughtful upgrades, this home is a coastal gem. Schedule your private tour today and make it yours!

Features

  • Rooms: 9
  • Bedrooms: 4
  • Baths: 3 full
  • Lot Size: 70 x 133
  • Laundry: Laundry Room
  • Year Built: 1960
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,132
  • Acreage: 0.21
  • Lot Size: 70 x 133
  • Est. Taxes: $6,596
  • Pool: Above Ground, Fiberglass, Heated, Lighting
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • MLS#: NS1082785
  • Days on Market: 39 days
  • Website: https://www.raveis.com
    /eprop/NS1082785/501speninsulaavenue_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 11/26/2024 11:32:07 PM)
Listing courtesy of COLLADO REAL ESTATE   Phone: 386-427-0002

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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

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501 S Peninsula AVENUE, New Smyrna Beach, FL, 32169

$995,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $796,000 $796,000 $796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.750% 7.038%
Monthly Tax Payment $550 $550 $550
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,163 $5,097 $7,044
Total Monthly Payment $5,805 $5,739 $7,686

* 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.