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*PREFERRED LENDER FINANCING AVAILABLE*Welcome to Your Perfect Beach Getaway and *ELIGIBLE SHORT TERM RENTAL PROPERTY*! Invest and rent or live year-round, you choose. Milestone inspection completed and approved! Nestled directly across the street from the pristine sandy beaches of New Smyrna Beach, this renovated efficiency condo offers the epitome of coastal living with no past flooding issues! Boasting a prime location and nice amenities, including a beachfront park across the street! This property promises a lifestyle of relaxation and convenience. Step into a completely renovated building where every detail has been carefully considered. The unit itself has undergone a stunning transformation from the studs out, ensuring modern comforts and style at every turn. With meticulous attention to detail, this condo is not just a home but a sanctuary where you can unwind and recharge. Featuring a turnkey and FURNISHED design, this unit is ready for you to simply unpack and start enjoying the beach life. Enjoy your morning coffee and watch the sun rise or maybe an evening cocktail on your patio and take in that ocean breeze. Whether you're seeking a weekend escape or a lucrative investment opportunity, this property is primed for short-term or long-term rentals, offering both flexibility and potential income. Don't forget to indulge in the community amenities including a refreshing pool, perfect for cooling off after a day in the sun. On site laundry available. Additionally, this condo's location provides easy access to Flagler Ave and Canal St, where you can explore charming shops, delectable dining options, and a vibrant nightlife. Don't miss out on this rare opportunity to own a slice of paradise in one of Florida's most sought-after coastal destinations. Schedule your showing today and make beachfront living a reality!
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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$249,900
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 | $199,920 | $199,920 | $199,920 |
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 | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | $214 | $214 | $214 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,264 | $1,313 | $1,674 |
Total Monthly Payment | $1,553 | $1,602 | $1,963 |
* 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.