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Under contract-accepting backup offers. Experience coastal luxury in this stunning waterfront home located in the highly sought-after Key Royale community. Completely remodeled to the studs in 2021, the residence features a substantial addition that introduced a generously sized family room which is ideal for guest overflow, a dedicated movie room, or a relaxed secondary living area. This meticulous renovation ensures unparalleled peace of mind, featuring a metal roof with spray foam insulation, durable Hardie board siding, and all-new plumbing, air ducts, and electrical systems. The convenience of ground-level living is coupled with the incredible security of a Garrison Flood Prevention system, installed in 2025 at all eight potential water intrusion points. The open-concept layout features a true chef’s kitchen anchored by an oversized island and sleek, custom cabinetry. The heart of the home is designed for the ultimate Florida lifestyle, where opening the large sliding glass doors creates a seamless connection between the interior and the expansive outdoor living space, making it incredibly convenient to host large gatherings while enjoying the coastal breeze. Sophistication meets functionality with Kohler fixtures throughout and a premium Toto Neorest washlet in the primary suite. For the modern professional or host, custom Monarch Murphy beds in the guest bedroom and office offer effortless versatility, while remote-controlled blinds in the den, dining area, and patio doors allow for instant privacy. You can control this entire smart home directly from your phone, including multiple security cameras, alarm and locking systems, and Z-wave lighting throughout. The outdoor living space is a true resort, centered around a sparkling pool and spa surrounded by lush landscaping, an irrigation system, and elegant landscape lighting. Boaters will enjoy the high-end Trex dock, which includes a 7, 500-pound lift, a rough-in for a 16, 000-pound lift, and multiple locations for electric and water service. Thoughtful additions such as an outdoor shower and 30-amp RV outlets at the front ensure this estate is as practical as it is beautiful, offering a rare turnkey lifestyle in an exquisite waterfront setting. Call today for your private showing!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,595,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,076,000 | $2,076,000 | $2,076,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.289% | 6.235% | 6.183% |
| Monthly Tax Payment | $1,808 | $1,808 | $1,808 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,280 | $12,614 | $17,518 |
| Total Monthly Payment | $14,213 | $14,547 | $19,451 |
* 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.