611 S Atlantic Ave. #4212, New Smyrna Beach, FL 32169

`CONTINGENT on FIN 3/19/04` -This 1/1 fully furnished decorated unit is one of 6 full ownership units in Coconut Palms. This complex is beautifully maintained and offers an excellent location for a buyer who wants to be close to Flagler Ave`s Shopping, Dining, Entertainment.Enjoy this second floor,direct oceanfront unit with breathtaking views of the Atlantic Ocean award winning architecture. There is an elegant lobby entrance, large sunbathing deck, heated pool. The unit offers a full service kitchen. The current maintenance fee is $344 and includes cable and utilities. Owners are furnished parking permits each time the unit is rented or they use it for themselves. The CP front desk will supply this for them or Ocean Properties Vacation Rentals can as we rent this unit and others. The longest span of time the unit can be used is being confirmed by the RPM Management per the by-laws. I have also spoken with a lender in advance about loan programs for a unit of this sort. Even if a buyer wanted to declare it as a second home, the zoning designation is what matters, so it would be viewed as investor property. I spoke with the city of NSB zoning office which indicated that the city zoning code is B4. This is for hotel, motel or timeshares and is for transient rentals; so, this definition alone would indicate that a zoning violation might be in order if an owner wanted to live there full time. This condo is for a buyer`s intermittent use and/or very frequent vacation use, and potentially could generate rental income - it is not a second home or primary residence type property. ;Water: City