5300 S ATLANTIC AVENUE, #5-206, New Smyrna Beach, FL, 32169 | $394,000

Ocean Walk is a dream complex to live full time, vacation as a home away from home, and earn a return on investment for short term rental income. The amenities are abundant and justify the condo association management fees. At Ocean Walk you have the convenience of being right across the street from the ocean accessed by a designated pedestrian crosswalk with a blinking safety light. There are tennis or pickle ball courts, basketball, bocce ball, two clubhouses, a nature boardwalk, two full aerobic gyms, two full weight gyms, a hot sauna, hot spas, and cool pools. After a day of play there are grills available, game rooms, and a cinema room. There is always a community event sponsored at any of the buildings such as trip events, bunco nights, water aerobics, book clubs, bbq's, you name it, you can most likely find a group community interest at the Ocean Walk community of active, pet friendly people. The open and spacious condo has many upgrades available as well. New Ac unit, hot water tank, wood laminate floors, a large outdoor patio screened for daily use at all times of the day, covered parking, storage, gated and well lit for those late summer night time activiites.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 5
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Complex: OCEAN WALK CONDO AT NSB BLDG 05
  • Year Built: 2002
  • Approx Sq. Feet: 1,453
  • Acreage: 0.53
  • Est. Taxes: $2,263
  • Condo Fee: $790 Monthly
  • Lot Desc: Conservation Area
  • View: Trees/Woods
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: NS1083677
  • Days on Market: 56 days
  • Website: https://www.raveis.com
    /prop/NS1083677/5300satlanticavenue_newsmyrnabeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/10/2025 5:06:20 PM)
Listing courtesy of LOCAL LIVING REALTY GROUP   Phone: 386-314-5458

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5300 S ATLANTIC AVENUE, #5-206, New Smyrna Beach, FL, 32169

$394,000

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 $315,200 $315,200 $315,200
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% 7.063% 6.132%
Monthly Tax Payment $189 $189 $189
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,992 $2,071 $2,639
Total Monthly Payment $2,256 $2,335 $2,903

* 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.