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Elevate your lifestyle with sunset views and a proven rental track record in the heart of the Florida Keys. This established daily rental property offers an incredible opportunity for rental income potential or a centrally located second home. Offering the enhanced natural light and privacy unique to a corner location, this ''Bungalow'' floor plan at the Village at Hawks Cay features a comfortable 2-bedroom, 1. 5-bathroom layout. The interior is finished with granite countertops and coastal decor, while the exterior was updated in 2022 with the installation of impact-resistant windows and doors. Capture vibrant sunsets and ocean hues from either of your two west-facing balconies overlooking the Duck Key waters. You are just steps from the water's edge—ideal for launching a kayak or paddleboard—with rental slips available at the nearby Hawks Cay Marina. For those interested in on-site management and resort membership, Hawks Cay rental management is available on the property. Located at MM61, you are a short stroll from the Calm Waters Spa and local Duck Key dining, or a quick 10-mile drive into Marathon to enjoy Sombrero Beach, Florida Keys Aquarium Encounters, and the Turtle Hospital. Pack a bag and leave the rest to the keys; your turnkey sunset retreat is ready and waiting.
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William Raveis Real Estate
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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 | $472,000 | $472,000 | $472,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $451 | $451 | $451 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,827 | $2,980 | $3,920 |
| Total Monthly Payment | $3,369 | $3,522 | $4,462 |
* 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.