518 Balboa Street, Sebastian, FL, 32958 | $330,000

Welcome to your dream home in the heart of Sebastian, Florida! This charming 2-bedroom, 2-bath residence offers 1, 368 sq. ft. of living space on a spacious 1/4 acre lot, nestled on a peaceful street that provides privacy while keeping you close to Sebastian’s vibrant local scene. Just a short stroll to Riverview Park, Main Street, the boat ramp, & delightful shops/restaurants overlooking the Indian River Lagoon. Everyday conveniences like Publix, Walmart, & I-95 are minutes away. A bonus space off the kitchen can easily transform into a 3rd bedroom, home office, or hobby room. Features include crown molding, split floor plan, a spacious galley kitchen with a pantry, new stainless-steel GE and Whirlpool appliances, and a backyard with room for a pool, surrounded by lush landscaping. Whether you’re searching for your forever home, a lucrative investment, or a charming Airbnb, this home’s location and potential make it a rare find. With cozy charm, it’s ready to bring your dreams to life!

Features

  • Amenities: Non-Gated
  • Bedrooms: 2
  • Baths: 2 full
  • Style: Ranch
  • Year Built: 1985
  • Garage: Attached,Boat,Driveway,Garage,RV Access/Parking,On Street
  • Heating: Central
  • Cooling: Central Air,Ceiling Fan(s)
  • Approx Sq. Feet: 1,368
  • Acreage: 0.25
  • Est. Taxes: $4,436
  • Water Front: Yes
  • Elem. School: Sebastian
  • Middle School: Storm Grove
  • High School: Sebastian River
  • Pets Allowed: Yes
  • Appliances: Some Electric Appliances,Dryer,Dishwasher,Microwave,Range,Refrigerator,Water Heater,Washer
  • MLS#: M20048630
  • Days on Market: 86 days
  • Website: https://www.raveis.com
    /prop/M20048630/518balboastreet_sebastian_fl?source=qrflyer
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Listing courtesy of RE/MAX GOLD

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

518 Balboa Street, Sebastian, FL, 32958

$330,000

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 $264,000 $264,000 $264,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.173% 7.316% 6.550%
Monthly Tax Payment $370 $370 $370
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,712 $1,779 $2,264
Total Monthly Payment $2,157 $2,224 $2,709

* 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.