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NSB Premier Oceanfront Condominium with gorgeous Views and Exceptional Income Potential! Discover this rare gem in a SHORT-TERM rental-friendly building, maximizing your Investment Potential. This FULLY renovated, stunning condominium lets you breathe the Sea Air on your Balcony, enjoy the direct Oceanfront Pool, and Private Beach Access—perfect for relaxing or entertaining. This is a Turnkey Rental Property ready for you to enjoy or rent out immediately. The monthly HOA fee conveniently includes exterior building insurance, utilities, internet, cable, pool maintenance, and upkeep of common areas. This Fully Furnished 1 bedroom, 1 bath condo on the 6th floor of Ocean Trillium, is a true beachside retreat. The unit offers a bright, Open Floor Plan with a fully equipped kitchen, beautiful living and dining combined area, and a spacious bedroom with Ocean Views and Balcony Access. Recent renovations have added upgrades throughout the well maintained building, enhancing its appeal, value, and the new 2024 Condominium guidelines offer Peace of Mind and Comfort. Located just a short walk, bike ride, or golf cart jaunt to ALL of New Smyrna's popular restaurants, shops, and entertainment options. LOOK NO FURTHER, this is a terrific Beachfront Getaway and a lucrative Investment Opportunity. Schedule your private showing with a LOCAL NSB REALTOR today!
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$387,500
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 | $310,000 | $310,000 | $310,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $380 | $380 | $380 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,959 | $2,036 | $2,595 |
Total Monthly Payment | $2,414 | $2,491 | $3,050 |
* 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.