402 Oakwood AVENUE, New Smyrna Beach, FL, 32169 | $800,000

Charming 1936 Home in Prime Central Beach Location! Step into history with this meticulously updated 1936 gem, on the market for the first time since 1997. Perfectly situated in the heart of Central Beach, just two blocks south of Flagler Avenue and a quarter-mile from the sparkling shores, this 2-bedroom, 1-bathroom home is a rare find. Featuring a stunning $85, 000 renovation, the beautifully modernized kitchen and bathroom seamlessly blend contemporary design with the home’s timeless character. Fully furnished and move-in ready, this property also boasts a brand-new 2024 high-efficiency Dave Lennox Signature Collection HVAC system with all-new ductwork, ensuring year-round comfort. Additional upgrades include a roof less than two years old, an updated electrical panel, hurricane shutters, an irrigation system, and a tankless hot water heater for added convenience and peace of mind. The private backyard offers a tranquil escape, complete with an outdoor shower, a detached garage, and a rare under-roof enclosed front porch that could easily be converted into additional living space. Adding to its unique charm, this home features the only known basement in New Smyrna Beach, offering unparalleled storage or creative potential. Whether you’re looking for a cozy retreat for a retired or young couple, a lucrative rental investment in a prime location, or the perfect lot to build your dream custom home, this property checks all the boxes. Don’t miss your chance to own a piece of New Smyrna Beach history in one of the most desirable locations in town!

Features

  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Lot Size: 50 x 100
  • Laundry: Inside
  • Year Built: 1936
  • Garage: 1-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 836
  • Acreage: 0.11
  • Lot Size: 50 x 100
  • Est. Taxes: $5,970
  • Pet Policy: Cats OK, Dogs OK, Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: O6259454
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/O6259454/402oakwoodavenue_newsmyrnabeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/18/2024 6:47:09 PM)
Listing courtesy of COLLADO REAL ESTATE   Phone: 386-427-0002

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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402 Oakwood AVENUE, New Smyrna Beach, FL, 32169

$800,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $640,000 $640,000 $640,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.404% 7.133% 6.236%
Monthly Tax Payment $498 $498 $498
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,258 $4,254 $5,397
Total Monthly Payment $4,848 $4,844 $5,987

* 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.