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Situated directly on the lake in the gated community of Coral Trace awaits this inviting 3bedroom 2 bath lakefront home that offers a peaceful setting paired with everyday convenience in the heart of Edgewater. Enjoy serene water views from the screened-in porch, the perfect spot to relax with morning coffee or unwind at the end of the day while overlooking the tranquil lake. Inside, the home features three well-proportioned bedrooms, two full baths, and a two-car garage, all thoughtfully laid out for comfortable living. The kitchen is bright and functional with a cozy breakfast nook, complemented by a designated formal dining space ideal for entertaining. A spacious living room with vaulted ceilings creates an open, airy atmosphere and serves as the centerpiece of the home. Residents of Coral Trace enjoy access to a community pool, fitness center, and clubhouse, enhancing the neighborhood’s resort-style appeal. Ideally located, this home offers quick access to shopping, dining, medical facilities, parks, and schools, with easy routes to major roadways for commuting throughout Edgewater, New Smyrna Beach, and the greater coastal area. Combining scenic lakefront living with a prime location where everything is close at hand, this property delivers both lifestyle and convenience in one exceptional package.
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Our Executive Mortgage Banker:
Our Insurance Division:
$319,900
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $255,920 | $255,920 | $255,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.507% | 6.649% | 6.026% |
| Monthly Tax Payment | $444 | $444 | $444 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,576 | $1,616 | $2,125 |
| Total Monthly Payment | $2,095 | $2,135 | $2,644 |
* 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.