Don’t miss out on this incredibly rare opportunity to purchase this immaculate Coastal Contemporary Home on Yacht Club Island in New Smyrna Beach! Located in the gated, enclave community of Yacht Club Island with 140ft of Deep Water, Intracoastal Waterfrontage allowing larger yachts that is a rare find in the New Smyrna Beach area. Entering the home, you’re greeted by the expansive open floor plan with soaring vaulted ceiling and floor to ceiling windows along the rear of the home showcasing the stunning intracoastal and conservation views. The chef's kitchen is designed for culinary excellence, featuring Wolf stainless and gas appliances, large wine fridge, an expansive island with separate bar top, perfect for entertaining. A floor to ceiling stone fireplace highlights the combined great room, living room and dining room. Sliding glass doors lead to the backyard oasis, complete with a resort-style pool, spa, oversized sun shelf, and a detached 12’x17’ covered lanai, perfect for outdoor relaxation and gatherings. The stunning owner’s suite offers panoramic views of the intracoastal, including a large seating area, walk-in closet and beautiful bath featuring a free-standing tub, walk-in shower all accented by custom woodwork offering a true spa-like experience. The home also features a concrete bulkhead sea wall, covered dock w/ metal roof and a remarkable outdoor lighting and landscape package that is truly impressive. Located a short golf cart ride to the Canal St District and Flagler Ave with all the sought-after restaurants, shopping and entertainment that New Smyrna Beach has to offer. Don’t miss this rare opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,700,000
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 | $4,560,000 | $4,560,000 | $4,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.750% | 6.664% |
Monthly Tax Payment | $2,172 | $2,172 | $2,172 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $29,198 | $29,198 | $39,723 |
Total Monthly Payment | $31,495 | $31,495 | $42,020 |
* 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.