Coconut Palms Cottages are made up of only a few Colorful Coastal Townhomes, Great Investment Short Term Rental 3 days stays - End Unit Townhome, Walk to No Drive Beach & River, 2 story End Unit extra windows with light airy rooms and plantation shutters throughout, the first floor Open floor living room/dining, galley kitchen, 1/2 bath off foyer, with Plantation shuttered on both French doors onto a Privacy Fenced in yard with slab patio, furnished with Adirondack chairs and a grill - optional turnkey fully furnished, available with upcoming reservations through March 2025, open parking lot, rental information available by request. Suspended stairway to 2nd floor for both 2-bedrooms, full bath and Laundry. The Old Florida Style Beach town of New Smyrna Beach known for its quaint downtown walking streets, events, wine walks, antique stores, art galleries, festivals, farmers markets, attract visitors, year-round beach destination, beloved as a second home with repeat business from Florida, Atlanta, Nationally and International. Townhome has 2 bedrooms, 1. 5 bathrooms, there is plenty of room for everyone including your pets. The home features a large fenced in Yard outside patio with storage water bibs, electrical outlets, remote Lockley combo entry on the front door. Relax and unwind in the tranquil setting while enjoying your morning coffee or evening sunsets. Whether you're looking for a permanent home, a winter getaway, with added investment income, this turnkey property offers the Old Florida beach town lifestyle. Furnishings are negotiable. It has everything, for rentals including towels, Linens, dishes, etc. Just bring your toothbrush and move right in. Located near schools, shopping, restaurants, the beach, and a PARK along the river lagoon in conservation. This Colorful townhome is the perfect place to embrace the Florida Coastal lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$415,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $332,000 | $332,000 | $332,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $354 | $354 | $354 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,181 | $2,207 | $2,800 |
Total Monthly Payment | $2,610 | $2,636 | $3,229 |
* 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.