3801 S Atlantic AVENUE, #304, New Smyrna Beach, FL, 32169 | $520,000

Enjoy the Florida lifestyle today in this beautifully furnished 2BR/2BA ocean view condo on the top 3rd floor at Point East located on the car free beach! Turn-key condo allows short term rentals so it is a cash producing investment that you can enjoy as much as you want between renters. Experience breathtaking views of the courtyard, pool & the beach from the living room & the MBR which open to the southern facing balcony & just 2 back from the ocean! Gourmet kitchen has SS appliances new in 2020, a large pantry and is completely stocked for family get togethers! Upgrades to this fabulous condo include new A/C 2023, new windows & doors 2018 & water heater new in 2019. Major renovations to the community in 2021 include new roof, seawall, windows, balconies & more & the exterior of the building & walkways were just repainted November, 2024. The building is in top condition and the budget & financial situation is also in great shape. Seller has many repeat renters through VRBO and will be glad to show a new buyer their website & process to accommodate & maximize potential rental income. No minimum rental period and a pet friendly complex for owners! Large private storage closet, 6x8, is great for beach equipment, golf clubs & fishing gear. Located one block to Shopping center with a Dollar Food store, restaurants, fitness center, hair & nail shop & only 1 mile to Publix shopping center with more shops & restaurants. Only 2. 5 miles to historic Flager Ave. where you can enjoy wine walks, art shows, shops & bistros. Enjoy the many amenities Point East has to offer, including a large heated pool, kiddie pool, clubhouse, library, bike room, shuffleboard & a private storage unit. Situated next to the 27th Ave. park which offers a kids playground, basketball, picnic tables & lots of parking for extra guest.

Features

  • Elevator: Y
  • Heating: Central, Electric, Exhaust Fan
  • Cooling: Central Air
  • Levels: 3
  • Amenities: Cable TV, Clubhouse, Elevator(s), Laundry, Pool, Shuffleboard Court, Storage
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area, Laundry Room, Same Floor As Condo Unit
  • Complex: POINT EAST
  • Year Built: 1973
  • Approx Sq. Feet: 912
  • Acreage: 2.71
  • Est. Taxes: $6,626
  • Condo Fee: $650 Monthly
  • Pool: Deck, Gunite, Heated, In Ground, Outside Bath Access
  • Pet Policy: Cats OK, Dogs OK, Number Limit
  • Appliances: Cooktop, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: NS1083428
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/NS1083428/3801satlanticavenue_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 1/8/2025 8:47:11 PM)
Listing courtesy of WATSON REALTY CORP   Phone: 386-428-7355

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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3801 S Atlantic AVENUE, #304, New Smyrna Beach, FL, 32169

$520,000

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 $416,000 $416,000 $416,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.330% 7.295% 6.538%
Monthly Tax Payment $552 $552 $552
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,768 $2,803 $3,567
Total Monthly Payment $3,412 $3,447 $4,211

* 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.