Charming Coastal Property with Endless Potential
Welcome to an incredible opportunity to own a unique property in one of Florida’s most coveted coastal locations.
This high-elevation lot sits 16 feet above sea level and spans an impressive 75' x 125', offering both security and ample space to create your ideal beachside retreat. Nestled on the property is an 864 sq. ft. concrete block home, perfect for immediate use or as a guest house while you plan your dream build. Additionally, a 20' x 25' shed provides valuable storage or workspace.
Situated on the sought-after North Peninsula, you’ll enjoy easy access to the Atlantic Ocean and Indian River, offering endless opportunities for outdoor activities like boating, fishing, and beachcombing.
Enjoy the convenience of being moments from downtown New Smyrna Beach, where you'll find boutique shops, renowned dining, and a vibrant community. With no HOA restrictions, you have the freedom to design and build to suit your vision.
Whether you’re envisioning a luxurious coastal retreat or an inviting family getaway, this lot is ready to bring your dream to life. Secure your slice of paradise today and start planning your future in beautiful New Smyrna Beach.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$892,462
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 | $713,970 | $713,970 | $713,970 |
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 | 7.532% | 6.723% | 6.806% |
Monthly Tax Payment | $403 | $403 | $403 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,631 | $4,572 | $6,269 |
Total Monthly Payment | $5,126 | $5,067 | $6,764 |
* 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.