Dreaming of an affordable beachfront retreat in the highly desirable North Beach area of New Smyrna Beach? This stunning 2-bedroom, 2-bathroom oceanview unit offers the perfect combination of luxury, convenience, and coastal living. Situated in an oceanfront community just steps away from the renowned Flagler Avenue, you'll have easy access to an array of shopping boutiques, dining options, live music venues, and entertainment hotspots. Whether you're looking for a relaxing day on the beach or a night out on the town, this location has it all. This condo enjoys abundant natural light, creating a bright and airy ambiance throughout the living space. Slide open the glass doors to your private oceanview balcony, mere steps away from your choice of two pools (one heated) and direct access to the pristine white sands and refreshing waters of the Atlantic Ocean. Managed by an on-site property and rental manager, this condo offers short-term zoning, providing excellent income potential for those looking to capitalize on the lucrative vacation rental market. Please note that this is a co-op property, necessitating a cash-only sale. Inside, the condo has been completely renovated to the highest standards, boasting an updated kitchen with modern cabinets, granite countertops, full appliances, and a convenient buffet bar. The tile floors add a touch of elegance, while the updated bathrooms provide both style and functionality. The primary suite offers ample space and comfort, complete with its own private bathroom, while the generously sized guest bedroom features two beds, perfect for accommodating family and friends. A full dining room provides plenty of space for entertaining, making this condo ideal for hosting gatherings and creating lasting memories by the beach. Sold fully furnished and turnkey, you can start renting out this condo immediately (current bookings can transfer with sale if wanted) or move in without delay to enjoy the ultimate beachfront lifestyle. Don't miss out on this incredible opportunity to own a piece of paradise in New Smyrna Beach – schedule your showing today! ALL INFORMATION IS ASSUMED ACCURATE BUT NOT GUARANTEED. ALL MEASUREMENTS ARE ESTIMATED. BUYERS AND THEIR AGENTS TO VERIFY ALL INFORMATION DEEMED IMPORTANT TO THEM.
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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 | $311,920 | $311,920 | $311,920 |
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 | $349 | $349 | $349 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,075 | $2,073 | $2,674 |
Total Monthly Payment | $2,499 | $2,497 | $3,098 |
* 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.