This beautifully updated waterfront condominium captures the essence of the Florida Keys lifestyle along a serene 200-ft-wide deep-water canal with 6+ ft control depth and no bridge clearance restrictions—The residence includes an assigned boat slip accommodating vessels up to approximately 43 ft, providing effortless access to open water. Hurricane-panel-protected sliding glass doors fill the home with natural light and open to a private waterfront balcony, creating seamless indoor-outdoor living for morning coffee or evening relaxation. Inside, modern finishes and a clean coastal design, a turnkey presentation. The property offers flexibility as a primary residence, second home, or income-producing vacation rental. Short-term rentals are permitted with a 7-night minimum. Community amenities include a heated pool, waterfront tiki huts with grilling areas, boat trailer parking, and maintained dockage—perfect for owners and guests. Ideally located in the Middle Keys, the property is minutes from Marathon Airport and about 40 miles from both Key West and Miami via US-1, offering convenient access while preserving a peaceful island setting. Coco Plum Beach is less than a mile away for kayaking, shoreline walks, and unforgettable sunsets. Boat slip fee is $500 annually and has been paid for 2026. Showings accommodated around current bookings; please provide notice when possible. Offered furnished and equipped; a short exclusion list of personal items is available upon request.
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Our Executive Mortgage Banker:
Our Insurance Division:
$424,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $339,200 | $339,200 | $339,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.301% | 6.487% | 5.614% |
| Monthly Tax Payment | $292 | $292 | $292 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,007 | $2,116 | $2,749 |
| Total Monthly Payment | $2,374 | $2,483 | $3,116 |
* 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.