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Just steps to the Gulf of Mexico your coastal paradise awaits you. Built in 2011 this charming 3 bedroom, 3 bath elevated Key West style home is everything that you could want or imagine. The great room has 14 foot vaulted ceilings which makes this a perfect place to gather with friends and family. You'll love cooking in the chef's kitchen which has custom wood cabinets, hand picked granite counters and top of the line appliances. The hot water heater, range and dryer are all gas. The solid hardwood oak flooring and 9 foot ceilings complete the look in the home. The home is also equipped with a complete Sonos Surround system in every room. Each of the three large bedrooms boasts its own ensuite bath. The Master suite has an added extra special feature, a soaking tub and indoor and outdoor showers. Doesn't get much better than that! Except of course for the deck off the master bedroom. There is also a large covered patio which is perfect for relaxing after walking to restaurants, shops, parks and everything IRB has to offer. The attic is a HUGE fully insulated standing room attic which could easily be made into a 4th bedroom. The garage can accomodate 4 cars with plenty of storage. The home is up to code and hurricane rated. Did I mention the home is Energy Star rated, often the electricity bill is less than $100. There was NO damage during the recent storms. This property is the perfect airbnb, Vrbo rental. Let's explore your options.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,149,000
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 | $919,200 | $919,200 | $919,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.487% | 6.349% |
Monthly Tax Payment | $269 | $269 | $269 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,660 | $5,735 | $7,819 |
Total Monthly Payment | $6,054 | $6,129 | $8,213 |
* 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.