Welcome to 731 Laurel Bay Circle, a stunning 2-story home nestled in the picturesque beauty of New Smyrna Beach. This home sits between the tranquil ocean and the serene lagoon, offering a unique coastal lifestyle. Boasting over 1600 square feet of living space, this home features 3 bedrooms and 2 full bathrooms upstairs, along with a convenient powder room downstairs—a layout designed for comfortable living and effortless entertaining. The heart of the home is its inviting kitchen, complete with a custom countertop dining table made from walnut, creating a perfect gathering space for family and friends. Step outside to the screened back porch, where a custom bar with beach-themed shiplap and a seashell epoxy bartop awaits, ready for your next gathering or relaxation session. Upstairs, discover the expansive primary suite with a luxurious custom walk-in closet/dressing room. Both the primary bedroom and the 2nd bedroom offer private balconies—one overlooking the front of the property and the other providing a scenic view of the backyard, ideal location for watching rocket launches from the comfort of home. This home has been recently remodeled, showcasing modern finishes throughout and eliminating the need for carpeting, adding to its allure and ease of maintenance. The attached one-car garage provides convenient on-site storage for kayaks, beach toys, and even a golf cart for exploring the neighborhood. This property does not require flood insurance as it's above the floodplain and has never experienced any flooding. Experience the best of coastal living with Indian River Lagoon Park just moments away, offering opportunities for fishing, kayaking, and breathtaking sunset views. For sunrise enthusiasts, the beach is just as close, ensuring you never miss a moment of New Smyrna Beach's natural beauty. Don't miss out on this rare opportunity to own a beautifully appointed home in one of Florida's most sought-after beach communities. Schedule your private tour today and make 731 Laurel Bay Circle your new coastal retreat!
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Our Executive Mortgage Banker:
Our Insurance Division:
$419,900
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 | $335,920 | $335,920 | $335,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $162 | $162 | $162 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,263 | $2,233 | $2,833 |
Total Monthly Payment | $2,500 | $2,470 | $3,070 |
* 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.