Custom Key West-Style Coastal Retreat designed with entertaining and coastal living in mind, this stunning two-level Key West-style waterfront home seamlessly blends comfort, elegance, security, and practicality. This 6, 342 sq ft overall residence (4, 186 under air) offers direct Gulf water access with no bridges, and is in desirable Section 93, having the closest proximity to the Harbor or the opportunity to explore South Gulf Cove’s 55 miles of canals. From the moment you arrive, you'll be captivated by the meticulous attention to detail, both inside and out. With a huge heated saltwater pool and adjacent spa, separate jetted and saltwater hottub, fabulous new poolside tiki hut, and canal-front hard scape area perfect for entertaining, you will feel as if you are in the Keys living the ultimate Florida lifestyle every day! Exterior features also include: All-new Hardie concrete board siding has been installed around the home, with Hardie ceilings also added to both upper and lower lanais. The metal roof has received a complete replacement of all fasteners (2024), for greatest protection and roof longevity. Fresh xeriscape landscaping surrounds the extensive hardscaping and stunning landscape lighting. A new (and huge!) composite walk-around dock includes a 13, 000 lb boat lift with Gem remote. Built on a raised foundation, the home has a total of four oversized garage stalls, is fully conforming, insurable, and protected from storm surges. Brand new low-e hurricane impact windows and doors, key west-inspired bahama shutters, and screening on both lanais take your everyday living to the outdoors in comfort and style. With a new electric hurricane roll down shutter across the front door and rolling shutters on both rear lanais, you will have the utmost of security and protection of your entire home from the elements. Generator-ready electrical systems add an extra layer of security and convenience. Interior Features: Step inside to discover a meticulously redesigned interior with modern coastal elegance and custom detailing that make this home especially unique. A brand-new chef’s kitchen with an 8-burner gas range, large center island with waterfall quartz and matching backsplash, all new appliances, as well as an adjacent and well-appointed laundry/butlers pantry area provides extra prep space and storage galore. Exposed beams in the living room and kitchen, coastal-inspired shiplap accents, lanai stonework, new flooring and fresh paint, and custom foyer stair railings add to the one-of-a-kind custom coastal style. For added convenience and future flexibility, the home includes an elevator shaft currently used as additional storage. With a spacious but extraordinarily comfortable layout, this home is ideal for hosting family and friends, boasting four bedrooms and four bathrooms, with a downstairs bonus room perfect for entertainment or any custom configuration. The downstairs lounge is pre-equipped with hidden plumbing and electrical/laundry fixtures, offering endless customization possibilities. 15434 Margo Circle provides you the opportunity to live the ultimate Florida lifestyle, having the perfect blend of coastal style, entertaining possibilities, gulf access, the ultimate in outdoor living, security, and low-maintenance. *** Flood insurance policy is assumable.
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$1,300,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,040,000 | $1,040,000 | $1,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.559% | 6.723% | 6.847% |
Monthly Tax Payment | $1,015 | $1,015 | $1,015 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,745 | $6,659 | $9,131 |
Total Monthly Payment | $7,885 | $7,799 | $10,271 |
* 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.