Direct ocean front, fully updated and beautifully furnished coastal New Smyrna Beach retreat in the prestigious gated community of Southwind. This luxurious 3-bedroom, 3-bathroom oceanfront condo on the desirable "No Drive" section of the beach is perfect for those seeking a serene getaway or a lucrative investment opportunity. On the 9th floor, this residence offers breathtaking, unobstructed north-facing ocean views and a three-way split floor plan that ensures privacy and comfort for you and your guests. The open floor plan showcases a recently remodeled kitchen featuring solid wood cabinets with soft-close dovetail drawers, Quartz countertops and backsplash, stainless steel appliances, and ample storage. The seamless connection between the kitchen, dining, and living areas allows you to prepare meals while soaking in the panoramic views. All three bathrooms have been elegantly upgraded, with the master bath transformed into a spa-like oasis for ultimate relaxation. Modern updates include a washer, dryer, hot water heater, hurricane-rated windows, and electric hurricane shutters that can be operated remotely from your smartphone. Residents enjoy exclusive access to the 12th-floor Penthouse Owner’s Lounge with a rooftop deck, full kitchen, billiard and ping-pong tables, gaming tables, and a cozy fireplace. Additional amenities include a beachside Olympic-sized heated pool, pickleball, shuffleboard, tennis, and basketball courts, offering plenty of opportunities to stay active and socialize. With a Structural Integrity Reserve Study and Milestone Inspection Report completed, this property is both a safe and sound investment. This is a rare chance to own a slice of oceanfront paradise in one of New Smyrna Beach’s most sought-after locations.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,247,200
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 | $997,760 | $997,760 | $997,760 |
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 | $1,042 | $1,042 | $1,042 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,471 | $6,389 | $8,760 |
Total Monthly Payment | $7,638 | $7,556 | $9,927 |
* 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.