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About this home
5203 S Atlantic Ave #815B is a 1980-built home in Ocean View Towers, New Smyrna Beach. Inside you'll find 1 bedrooms, 1 bathrooms, and 1,005 square feet of living space. Listed at $415,000 (about $413/sqft), 340 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
Direct Ocean View from the 8th Floor! Totally remodeled condo on the top floor of the building that is closest to the water and positioned to have a South facing view. You have a front row seat for the rocket launches and Southern breezes in the Summer and no North winds during the Winter so you can enjoy your balcony all year round! This is the BEST POSITIONED condo in the complex! Step onto the balcony and prepare to be amazed by the 'Million Dollar' direct ocean view that stretches in all directions as far as the eye can see. Since this condo has been completely renovated at a cost of approximately $80,000 in 2022 & 2023, this is an exceptional deal as compared to others that still need remodeling. The kitchen features new cabinets, quartz counters, tile backsplash, and new refrigerator and microwave complemented by a new AC and water heater installed in April 2024. The Master Bath has also been remodeled with a new vanity, toilet, sinks, faucets, mirrors, lighting, and shower tile. The flooring is wood look luxury vinyl. This condo comes fully furnished with newer, high quality furniture and it is well equipped with everything you need to move right in. You can easily sleep 4 with the sofa bed in the Living Room! Thermal heated newly refinished beachfront pool, newly refinished lighted tennis courts, shuffleboard courts, and picnic area. Dog friendly community. No restrictions on numbers of pets or size. Fenced in dog walk. This building has fully funded reserves and no upcoming special assessments. Lots of improvements have taken place and more are scheduled for this year! Great investment opportunity. This is one of the most popular rentals in NSB because of the direct ocean views! Rental income information available. Rented and managed by Ocean Properties. Investor financing based on rental income potential available with no personal or credit score qualification. Buyer should verify SF. Information deemed reliable but not guaranteed.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$415,000
$413 per sq ft
Beds and baths
1 beds, 1 baths
Size
1,005 sq ft
Time on market
340 days
Year built
1980
Monthly payment
About $2,899/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,334 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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