Great ocean views from all main rooms in this nicely FURNISHED, updated fifth floor (top floor) condo unit. Complex is directly on the ocean on this no drive portion of the beach. Unit is available now. Prefer longer term rental for this non-smoking condo unit. Two elevators (at each end of building). This is one of the finest, lightest, brightest and updated units in the complex. Watch Space X rocket launches from the covered balcony while viewing and listening to the ocean waves. Kitchen and both baths remodeled. Clubhouse is newer and rebuilt in November 2015, with many social gatherings taking place. Two built in grills next to the cabana. Take advantage of TWO active downtown areas in New Smyrna Beach (Flagler Ave - beachside and/or Canal St - mainland side, both rich with restaurants, entertainment, shopping, art shows, etc. ). Just a short distance to the Canaveral National Seashore (barrier island) one of the longest pristine coastlines in the U. S. Rent includes normal electricity and water usage charges. Basic cable and internet offered through the monthly condo association dues as paid by the owner. Land line telephone service is optional. Shopping center plaza is across the street one block from the complex. Owner is the listing agent and holds an active Florida Real Estate Broker's License.
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Our Executive Mortgage Banker:
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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 | $2,956 | $2,956 | $2,956 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $19 | $19 | $25 |
Total Monthly Payment | $94 | $94 | $100 |
* 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.