701 E 3rd AVENUE, #5, New Smyrna Beach, FL, 32169 | $310,500

Under contract-accepting backup offers. Springhill Plaza is a mixed-use building located at the corner of E. 3rd Avenue and Saxon Drive in New Smyrna Beach. The property has approximately 150 feet of road frontage on E. 3rd Avenue (A1A) and is situated across the street from CVS and next to Truist Bank and the Indian River Shopping Center, home to Publix beachside. Unit 5 is an attractive updated suite with 1, 562 sq. ft. The unit includes a large reception area, open conference or common area with balcony and an amazing view of New Smyrna Beach and the ocean! The 4 private offices have barn doors, and a private bath is in the reception area. Building elevator along with staircase. $20/sq. ft. plus $350 CAM that includes DVR security cameras, common area cleaning and maintenance, elevator maintenance, lawn care, common area pest control, parking lot and common area utilities, and management fees. Call today for a private walk-through.

Features

  • Property Type: Office
  • Construction: Block, Stucco
  • Levels: 1
  • Cooling: A/C - Office Only
  • Lot Size: 60 x 135
  • Year Built: 2018
  • Approx Sq. Feet: 15,525
  • Acreage: 0.54
  • Est. Taxes: $44,772
  • Lease Terms: 3 to 5 Years
  • MLS#: NS1080344
  • Days on Market: 100 days
  • Website: https://www.raveis.com
    /prop/NS1080344/701e3rdavenue_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 5/12/2024 1:25:37 AM)
Listing courtesy of COLLADO REAL ESTATE   Phone: 386-427-0002

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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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701 E 3rd AVENUE, #5, New Smyrna Beach, FL, 32169

$310,500

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 $248,400 $248,400 $248,400
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 7.125% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.282% 6.538%
Monthly Tax Payment $3,731 $3,731 $3,731
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,695 $1,674 $2,130
Total Monthly Payment $5,501 $5,480 $5,936

* 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.