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Located in the highly desirable 55+ waterfront community of Silver Shores, this well-maintained, move-in-ready home offers large comfortable living space conveniently located near the clubhouse, marina, and pool.
The spacious primary suite features an ensuite bath, while the flexible floor plan provides exceptional versatility. The second bedroom can easily serve as a home office and opens to an expansive third bedroom--currently used as a family room. With two private exterior entrances, this space is ideal for conversion into a separate guest suite or private quarters.
An open-concept kitchen and living area create a welcoming central hub, highlighted by double sliding doors that lead to an air-conditioned Florida room--perfect for morning coffee or relaxed evenings entertaining friends.
Silver Shores is known for its exceptional amenities, including a heated pool, marina, boat ramp, clubhouse, tennis, pickleball, bocce, and shuffleboard, along with a vibrant and active social calendar--all within a gated, friendly waterfront setting.
The community is currently transitioning to a land condominium structure, allowing homeowners to own their lots with a fee simple deed. The seller has already paid the initial $25, 000 assessment for this valuable upgrade.
Ideally located just minutes from all that Key Largo has to offer, with an easy commute to Miami, this home delivers the perfect blend of lifestyle, convenience, and investment potential.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$478,000
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 | $382,400 | $382,400 | $382,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.304% | 5.648% |
| Monthly Tax Payment | $69 | $69 | $69 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,262 | $2,324 | $3,099 |
| Total Monthly Payment | $2,405 | $2,467 | $3,242 |
* 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.