This Key West style WATERFRONT home is perfectly situated just South of the Stickney Point Bridge, on a charming canal, with quick access to enjoy the sparkling Intercoastal or Gulf of Mexico with no bridges. If you love boating. . . Only 4 miles to newly reopened Midnight Pass with no "NO WAKE" zones, 5 miles to Big Pass, and 6 miles to downtown and Marina Jacks. If you love beaches. . . just . 3 miles to Crescent Beach, Turtle Beach is only 2. 4 miles, and you have all the restaurants and bars of the south village just a few steps away. Includes PRIVATE and sturdy TREX dock with a 5500lb lift, and floating dock for Jet Ski/Kayaks and water sports. The "private island" vibe is accentuated by lush foliage and a "beach" setting with gorgeous trees and is hardscaped around the pool, spa and fire pit. At 13, 581 SqFT lot, the possibilities are endless. . . remodel, update or build your own dream home. This elevated home has non-conforming space downstairs and 2567 Sq Ft under air upstairs. The Split floor-plan layout is perfect for a family or having guests. Sub Zero Fridge in kitchen plus white cabinets for a simple yet functional space to prepare your meals and snacks. The large living room is bright and sunny has a cozy wood burning fireplace. The Hall bath is remodeled with a modern touch, and is perfectly located just between second and third bedrooms. The Primary Suite is large with a walk in closet, En-Suite Bathroom and has a sitting room/ office adjacent for new owners specific needs. There is a golf cart garage and 2 carports you can access from a circular drive. First floor water intrusion (non conforming space) was addressed (mold remediated) and drywall was cut. This intimate community has a small enclave of homes and is on a private road, which is enveloped by a canopy of beautiful mature trees.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,595,000
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 | $1,276,000 | $1,276,000 | $1,276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
Monthly Tax Payment | $1,139 | $1,139 | $1,139 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,489 | $8,276 | $11,291 |
Total Monthly Payment | $9,753 | $9,540 | $12,555 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.