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Presented by
John Gould |
93 N Conch Key is a waterfront development opportunity offering a newly constructed seawall, approved building plans, and the ability to move forward without many of the delays and costs typically associated with waterfront development in the Florida Keys. The approximately 5, 000-square-foot parcel includes plans for a new dock and seawall improvements and presents the potential for up to four residential units, subject to applicable approvals and requirements.
Positioned in the desirable Conch Key community, the property offers direct water access, open water views, and convenient boating access to some of the Keys' most renowned fishing, diving, and recreational waters. The combination of existing waterfront improvements and approved plans provides a significant head start for developers, investors, or end users seeking to maximize the property's potential.
Whether envisioned as a private waterfront retreat, a multi-unit investment property, or a combination of personal and income-producing use, 93 N Conch Key offers a rare opportunity to acquire a build-ready waterfront site in one of the Florida Keys' most established and sought-after island communities.
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Sales Associate
William Raveis Real Estate
Phone: 860.459.0615
John.Gould@raveis.com
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William Raveis Mortgage, LLC
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Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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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 | $478,800 | $478,800 | $478,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.902% | 6.118% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,909 | $3,105 | $4,008 |
| Total Monthly Payment | $3,001 | $3,197 | $4,100 |
* 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.