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29051 MAGNOLIA LANE, Big Pine Key, FL, 33043 | $1,055,000
Experience Florida Keys waterfront living in the heart of Big Pine Key. This canal-front home with a full concrete seawall and direct boating access offers an exceptional opportunity to enjoy the relaxed Lower Florida Keys lifestyle surrounded by world-class fishing, diving, and boating.
The elevated main home features a 2 bedroom, 2 bathroom layout with an open living area, spacious kitchen with built-in cabinetry extending into the dining area, and pocket sliding doors leading to a screened porch overlooking the canal—the perfect place to relax and enjoy the island breeze after a day on the water.
Downstairs is a pre-FIRM finished enclosure offering approximately 480 square feet with an additional 1 bedroom and 1 bathroom, providing flexible space for guests, hobbies, or extra storage. The fenced lot, drive-through garage, and large utility/laundry area provide plenty of room for boating gear, fishing equipment, and all the essentials for waterfront living.
One of the property’s most unique features is the added privacy with no neighbors on one side, as the county owns the two adjacent lots which will remain undeveloped, creating additional space and a peaceful setting.
Located in the desirable Eden Pines neighborhood of Big Pine Key, the home is just minutes from the community boat ramp, local restaurants, and shopping. Outdoor enthusiasts will appreciate being close to some of the Keys’ most beloved destinations including Bahia Honda State Park, the National Key Deer Refuge, and the Looe Key National Marine Sanctuary, known for its incredible snorkeling and diving. Spend your days boating to nearby sandbars, fishing the backcountry flats, paddleboarding through mangrove channels, or enjoying sunset cruises.
Only about 30 minutes from the dining, nightlife, and culture of Key West, this property is ideal whether you're looking for a Florida Keys waterfront home, Big Pine Key canal-front retreat, vacation getaway, or investment opportunity in the Lower Keys.
Features
- Rooms: 9
- Bedrooms: 3
- Baths: 3 full
- Laundry: Laundry Room
- Style: Coastal
- Year Built: 1976
- Garage: 1-car Boat, Covered, Ground Level, Off Street
- Heating: Zoned
- Cooling: Mini-Split Unit(s)
- Approx Sq. Feet: 1,344
- Acreage: 0.12
- Est. Taxes: $6,244
- View: Water
- Pet Policy: Yes
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- MLS#: G5094765
- Days on Market: 340 days
- Website: https://www.raveis.com
/eprop/G5094765/29051magnolialane_bigpinekey_fl?source=qrflyer
Listing courtesy of Compass Florida LLC Phone: 407-203-9441
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
29051 MAGNOLIA LANE, Big Pine Key, FL, 33043
$1,055,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 | $844,000 | $844,000 | $844,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $520 | $520 | $520 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,060 | $5,197 | $7,122 |
| Total Monthly Payment | $5,705 | $5,842 | $7,767 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388