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Best of both worlds! This spacious concrete-block construction 3-bedroom, 2-bath beachside home is near the restaurants and special events of New Smyrna Beach, but just far enough away to give you peace and quiet when you want it. Nestled on a beautiful street with larger lots and mature trees, it’s a straight shot to the beach walk-over to the east and the beautiful nature trails along Saxon Drive to the west. You’ll appreciate the 2-car garage, vinyl fenced yard, front porch with polyboard decking, backyard patio and rooftop terrace that provides amazing rocket launch viewing. Inside the split bedroom open concept floor plan is perfect for entertaining with a renovated kitchen and bathrooms, vaulted ceilings and large great room. This home is hurricane ready not only with impact windows, but additional accordion-style shutters for double protection. No need to worry about power outages with the completely owned (not leased) solar system that reduces energy cost and provides an emergency backup system. There is also a whole house water filtration system with integrated water softener making the city water even better. This home is a must see if you’re considering the New Smyrna Beach lifestyle. Excellent location for a golf cart being only 1. 2-miles to 3rd Avenue, 2-miles to Flagler Avenue and 3. 1-miles to Canal Street. Also not far from Canaveral National Seashore.
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
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 | $479,200 | $479,200 | $479,200 |
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 | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $251 | $251 | $251 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,990 | $3,148 | $4,011 |
Total Monthly Payment | $3,333 | $3,491 | $4,354 |
* 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.