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Discover the charm of coastal living with this delightful 3-bedroom, 1-bathroom bungalow, perfectly positioned just steps from access to beautiful New Smyrna Beach. This property presents a fantastic opportunity for those seeking a tranquil retreat or a promising investment in a highly desirable area.
Step inside and envision the possibilities. While this home awaits your personal touch and modern updates, its solid foundation and functional layout are a blank canvas for your creative vision. The three bedrooms provide comfortable accommodations, and the large bathroom serves the home's needs efficiently.
One of the standout features of this property is its expansive backyard – a true outdoor oasis. Imagine hosting summer barbecues, creating a lush garden, or simply relaxing in your private space. The possibilities are endless!
Adding significant value and peace of mind, this bungalow boasts a brand-new roof ensuring years of worry-free living. In 2021, Hardie board siding, impact resistant windows, new gutters, and new doors were added. These crucial updates will save you significant expenditure and provide a solid starting point for your renovation plans.
Location is paramount, and this bungalow delivers. Situated close to the beach access, you’ll enjoy the convenience of sun, sand, and surf just a short stroll away. This desirable location also offers proximity to local amenities, dining, and entertainment, enhancing your coastal lifestyle.
This bungalow represents an exceptional opportunity to create your dream beachside haven. With a new roof already in place and a fantastic backyard, this property is primed for transformation. Whether you're a first-time buyer, a savvy investor, or looking for a vacation getaway, this bungalow offers the perfect blend of location, potential, and value. Don't miss your chance to make this coastal gem your own. Schedule your showing today!
Water heater installed 2017
AC replaced in 2018
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Our Executive Mortgage Banker:
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$525,000
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 | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.000% | 7.017% | 6.120% |
Monthly Tax Payment | $54 | $54 | $54 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,620 | $2,759 | $3,516 |
Total Monthly Payment | $2,766 | $2,905 | $3,662 |
* 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.