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Presented by
Michael Dargan |
Under contract-accepting backup offers. Short Sale. Wake up every day to stunning bay views in this beautifully updated second-floor studio condo located in the sought-after, gated community of Cove Cay. This light-filled 1-bedroom, 1-bathroom studio has been thoughtfully refreshed in 2024, featuring newer porcelain tile throughout, fresh interior paint, newer blinds, and essential upgrades like a newer AC unit and hot water heater—making it truly move-in ready. Enjoy your morning coffee or unwind after a long day on the enclosed balcony, where windows can be opened to let in the coastal breeze and take full advantage of the gorgeous waterfront scenery. Cove Cay is more than a place to live—it’s a lifestyle. Residents enjoy exclusive access to golfing, boating, fishing, and a full-service marina, as well as resort-style amenities including a fitness center, shuffleboard, heated pool with hot tub, and an on-site restaurant and bar. Plus, the community is surrounded by native Florida wildlife, offering a tranquil and picturesque setting. Whether you're seeking a low-maintenance home, a seasonal getaway, or an investment in a vibrant waterfront community, this studio delivers comfort, convenience, and incredible views in one perfect package.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$85,000
Sales Associate
William Raveis Real Estate
Phone: 203.443.3111
Michael.Dargan@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.641.8287
Dave.Beckman@raveis.com
NMLS Mortgage Loan Originator ID 10930
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $68,000 | $68,000 | $68,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.360% | 6.304% | 5.648% |
| Monthly Tax Payment | $111 | $111 | $111 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $386 | $413 | $551 |
| Total Monthly Payment | $572 | $599 | $737 |
* 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.