![]() |
Mid-century gem on an expansive, 3-lot property in desirable downtown New Smyrna Beach. This half acre, Old Florida home features a large, resurfaced private pool and runs street to street, fronting Faulkner St to the east and Craig St to the west. Featuring mature oaks and bountiful fruit trees, the home’s park-like backyard offers privacy and tranquility in an unbeatable location between US 1 and the river. This charming 50’s home features beautiful, original hardwood floors, an inviting layout, and appealing living spaces inside and out, perfect for relaxation or entertaining. One of the standout features of this offering is the adjoining, but separate, buildable parcel, which fronts Craig Street (parcel #7440-06-06-0161) and is included in the price of this listing. This extra lot provides a unique and valuable opportunity for expansion and further development. Whether you envision a lush, backyard retreat, adding living space to the existing home, or taking advantage of the additional lot, this property offers endless upside and unlimited potential - in one of the best neighborhoods in town. Don't miss this rare opportunity to own a truly special property with style, space, and room to grow!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$975,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.961% | 6.764% | 6.666% |
Monthly Tax Payment | $791 | $791 | $791 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,866 | $4,994 | $6,795 |
Total Monthly Payment | $5,749 | $5,877 | $7,678 |
* 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.