This well constructed stilted 2 bed 1. 5 bath Bayview model home boasts a metal roof, impact windows & doors, Hardie board & metal siding, Bahama / Plantation shutters along with a transferable limited warranty for safety and peace of mind. The thoughtfully designed interior is spacious and flowing. The use of quality materials provides beautiful décor allowing for a true island home experience. The 2 upper-level bedrooms are conveniently located next to the full bath and laundry room with included stacked washer & dryer. This design provides plenty of room on the main floor to entertain, relax, dine, or simply enjoy a morning coffee on the outside covered balcony. The
home includes window blinds, motorized door wall coverings, solid surface counter tops, matching stainless steel appliances including a farmhouse kitchen sink, refrigerator, dishwasher, wine fridge, smooth top range and ventless microwave hood. The owner will enjoy covered parking, enclosed shed along with additional storage area under this brick paved stilted home. This HOA free community is managed by a land lease which excludes traditional home property taxes. The monthly land lease includes property landscape & pool maintenance, trash pickup, pest control as well as maintaining the community hammock park, Kayak racks & launch, private marina, fish cleaning station, waterfront pavilion, sundeck, outdoor kitchen & dining area with 2 fire features and ice machine. Located at the start of the 7-mile bridge near 2 of the best beaches the Florida Keys has to offer, Sombrero Beach and the Majestic Bahia Honda are only 10 minutes in either direction. Renowned for its sea life, snorkeling and coral reef Sombrero lighthouse is amazingly close which allows for a short boat or wave runner visit.
Day trip 1 hr to Key West or simply enjoy the endless dining and entertainment that Marathon has to offer. Whether you plan to be full time, part time or are simply an investor its good to have the approved option for 30 day rentals in this community. If you love the home as is, sellers will consider fully furnished offers…just bring your toothbrush! Come and experience the Ocean Breeze Island life!
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Our Executive Mortgage Banker:
Our Insurance Division:
$449,900
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $359,920 | $359,920 | $359,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,425 | $2,455 | $3,111 |
Total Monthly Payment | $2,500 | $2,530 | $3,186 |
* 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.