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The Keys are calling! Welcome to this beautifully appointed 2-bedroom, 1. 5-bath Isla Vista residence at 101 11th St, Unit 42 in Marathon, offering the island lifestyle you’ve been dreaming of—without the steep price tag.
This light-filled home features a granite and stainless-steel kitchen, central air conditioning, and convenient interior laundry. The third-floor balcony provides open water and ocean views, creating the perfect setting for morning coffee or evening sunsets.
Set within an oceanfront community, residents enjoy exceptional amenities including a pool, covered parking, a kayak launch area, and a waterfront community lounge complete with a sun deck, fire pits, and an outdoor kitchen with stainless-steel grill—ideal for relaxing or entertaining.
Located just 2. 5 hours from Miami and approximately one hour from Key West, this property offers the best of the Florida Keys lifestyle in the heart of Marathon. With no HOA fees, property taxes, and a full-time property management company maintaining the common areas, ownership here is truly effortless—just arrive and enjoy island living.
This is the most affordable new-construction opportunity in the Keys, featuring unmatched amenities for the price. Please note the property is subject to monthly lot rent and pass-through taxes.
Make the move to the Keys and experience island living at its best.
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:
$499,000
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
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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 | $399,200 | $399,200 | $399,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.132% | 5.541% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,267 | $2,391 | $3,209 |
| Total Monthly Payment | $2,342 | $2,466 | $3,284 |
* 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.