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This newly renovated oceanfront condo on the non-drive beach offers breathtaking ocean views from the private balcony and the décor is nautical with creative touches. Imagine yourself relaxing on the beach watching the ocean unfurl while the breeze nourishes your soul. Your mind is at ease, just nature at its best. As you walk in, the porcelain tile floor creates a sense of openness. The kitchen has custom cabinets, Quartz counter tops, a bar that seats four, refrigerator, glass top range with a convection oven, built-in microwave, garbage disposal, dishwasher, built-in cabinet ice maker, tile backsplash and a decorative tray ceiling. The communal area has a built-in desk, beaded board with chair rail and plenty of entertainment space. The primary bedroom is very roomy and has an amazing oceanfront view. The guest bedroom is spacious allowing multiple beds with an open beam ceiling. All bedrooms have luxury engineered wood flooring, ceiling fans and large closets. Both bathrooms have beautiful, tiled walk-in showers. Let us not forget the new full size stackable washer and dryer. The HVAC system was replaced in 2024. There is a new electrical panel, window treatments, furnishings, carpeting on stairs, separate faucet for filtered water and more!!! The owner occupies the condo January through March taking great care of the unit. In 2024, the rental income was $30, 800 with an additional income of $13, 500 if you rent for the winter. In 2025, there is $21, 200 confirmed rental bookings. All furnishings are left for the convenience of the buyer. The complex is known for resort like accommodations to include two Olympic size pools, two kiddie pools with plenty of seating, oceanfront sundeck, two tennis courts, pickle ball and basketball court, social room with TV and pool table and a luxurious tropical courtyard. The association has a management history of excellence and professionalism with a 10 year property manager. Come and live the dream on our 13-mile stretch of sandy beaches. We are more than just a beach town. Discover for yourself why so many love New Smyrna Beach.
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Our Executive Mortgage Banker:
Our Insurance Division:
$679,000
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 | $543,200 | $543,200 | $543,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | $745 | $745 | $745 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,345 | $3,568 | $4,511 |
Total Monthly Payment | $4,182 | $4,405 | $5,348 |
* 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.