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Presented by
Joyce Gerraughty |
elcome to this exceptional Riverwalk at Coronado Island condo in New Smyrna Beach, offering the perfect blend of coastal lifestyle, flexibility, and investment potential. This highly desirable 2-bedroom, 2-bath condo features a split floor plan, ideal for privacy between the primary suite and guest bedroom, making it a top choice for full-time living, a vacation home, or a rental investment property in New Smyrna Beach. The spacious primary bedroom includes private access to the oversized covered balcony, creating a peaceful retreat to enjoy Florida's year-round weather and tropical surroundings. The light-filled living and dining areas flow effortlessly, providing an open-concept layout that feels both comfortable and inviting, while the well-designed kitchen and in-unit laundry room add everyday convenience buyers are searching for.
What truly sets this property apart is the combination of lifestyle and income opportunity, with a 1-month minimum rental policy that is highly sought after for seasonal rentals and consistent income potential. In addition, this pet-friendly condo allows up to 2 pets, a rare and valuable feature that increases both buyer demand and rental appeal. Located just minutes from New Smyrna Beach, the Intracoastal Waterway, marinas, restaurants, and shopping, Riverwalk at Coronado Island is known for its prime location and resort-style living. With limited inventory in this community and strong buyer demand for condos with rental flexibility and outdoor living space, this property is positioned to stand out and sell quickly. Schedule your private showing today and secure one of the best opportunities in New Smyrna Beach before it's gone.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$469,999
Broker Associate
William Raveis Real Estate
Phone: 508.930.3188
Joyce.Gerraughty@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.335.8179
Michael.Cartier@raveis.com
NMLS Mortgage Loan Originator ID 1017266
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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 | $375,999 | $375,999 | $375,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $500 | $500 | $500 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,164 | $2,408 | $3,122 |
| Total Monthly Payment | $2,739 | $2,983 | $3,697 |
* 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.