Exceptional Beachfront Investment or Second Home Opportunity!
Experience the ultimate beachfront lifestyle at 2101 Hill St, New Smyrna Beach, FL, where luxury meets investment potential. This direct oceanfront home offers a rare opportunity for Short-Term Rentals, making it the perfect second home or income-generating property. Located on the highly desirable Hill Street, surrounded by multi-million-dollar residences, this property is truly a gem in New Smyrna Beach.
Key Highlights:
Income Potential: In 2022, this property generated an impressive $152, 000 in gross rental income, showcasing its unparalleled investment value.
Prime Location: Nestled on a sandy street with breathtaking ocean views, this home provides easy access to the vibrant dining, shopping, and entertainment options New Smyrna Beach is known for.
Modernized Beach Charm: Solid block construction ensures durability, while thoughtful renovations preserve the classic charm of a beach house.
Outdoor Oasis: Enjoy panoramic ocean views from the expansive concrete balcony, perfect for relaxing or entertaining.
Protected Shoreline: Recently installed TrapBags in the dune core provide added protection and peace of mind.
Whether you’re seeking a second home to create unforgettable family memories or a property that delivers exceptional rental returns, this home checks all the boxes. Seize this rare chance to own a beachfront haven that combines lifestyle and investment potential in one of Florida’s most sought-after locations.
Schedule your private showing today and make 2101 Hill St your gateway to coastal living and financial growth.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,390,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,912,000 | $1,912,000 | $1,912,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,401 | $12,243 | $16,787 |
Total Monthly Payment | $12,526 | $12,368 | $16,912 |
* 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.