📢 Take Over Existing 3.8% APR Condo Mtg | NO BANK NEEDED | 3 Min Walk to Beach💥

Entry Fee: $35,000 (covers all expenses below)

Seller Down Payment

Deal Highlights

• Purchase Price (Sub-To): $370,000 (see breakdown below)
• ARV: $405,000

Financing Details

• Total Monthly Payment: $2,900.00
• HOA: $800
• Monthly Payment (PITI): $2100.00
• Interest Rate: 3.8%
• Remaining Term of Primary Mortgage $308,000.00
• Seller 2nd Trust Deed (ZERO monthly payments) Lien of ~$62,000 (equity) at 0% (ZERO) interest due in 9 Years

Property Description

Welcome to this beautifully situated third-floor condo in the highly sought-after, gated Oceanwalk community. The unit is move-in or lease-ready and offers the perfect blend of coastal luxury and practical living on the desirable south side of New Smyrna Beach-just under 10 minutes from the vibrant strip.

Enjoy the best of both worlds with east-facing, peek-a-boo ocean views on clear days, while being uniquely positioned to avoid the harsh, direct sun. This smart positioning keeps the unit naturally cooler, conserving energy and reducing AC costs-further enhanced by a brand-new HVAC unit installed in 2025. Step out onto your private, screened-in balcony to take in sweeping mangrove vistas and spectacular estuary sunsets. The third-floor elevation is the sweet spot: not too high, and not too low to miss a single sunset.

• Spacious Coastal Living

Desirable Split Floorplan: 3 bedrooms and 2 full baths provide plenty of room for family and guests to stretch out.

Open Concept Design: Expansive living areas seamlessly connect to a flexible dining space and a kitchen featuring convenient bar seating.

Master Retreat: Features direct balcony access, a generous walk-in closet, and an en-suite bath boasting dual vanities, a separate shower, and a relaxing jetted tub.

Modern Conveniences: Includes garage space, ample guest parking, and highly desirable HOA-approved electric EV charging right in the building.

• Unmatched Amenities & Carefree Lifestyle

This specific building offers unparalleled, easy access to Oceanwalk's primary clubhouse, pool, and the larger of the two fitness centers, which features both a lifting area and a designated cardio room. Plus, brand-new exterior common area flooring is currently being installed to keep the building looking pristine.

• Once you are here, it is just a quick 3-minute walk on the private crossover to a dreamy beach, or a leisurely stroll along the mile-long winding boardwalk through the estuary. The community promotes an active, social lifestyle with:
• 2 seasonally heated pools and 2 clubhouses
• A private movie theater
• Tennis, basketball, shuffleboard, and bocce ball courts
• Sauna rooms, a poolside spa, sun decks, and BBQ areas
• Frequent community events, including cocktail hours and exercise classes

Come as you are and enjoy a truly maintenance-free lifestyle. The comprehensive HOA covers grounds and lawn care, pest control, internet, basic cable, water, sewer, trash, and building insurance.

• Sales Comps
• $355,000 (FIRE SALE)
• Active Comps
• $444,000 (PENDING)
• $378,900 (PENDING ONLY 2 BEDROOMS)
• Rental Comps
• $2,800.00/mo
• $3,300.00/mo
• $3,500.00/mo