|
|
2-bedroom, 2-bath residence offering 1, 105 sqft along Crandon Boulevard in Key Biscayne.
Set within The Palms of Key Biscayne, this 3rd-floor unit has been fully updated with a clean, modern interior and a layout that works: split bedrooms, defined living spaces, and a long enclosed terrace that extends usable square footage beyond the interior walls.
White ceramic flooring runs throughout. Recessed LED lighting keeps the space consistent and modern. The kitchen features quartz countertops, updated appliances, and a streamlined contemporary finish. A full-size in-unit washer and dryer, plus a new air conditioning system and water heater, add practical, low-friction ownership value.
The enclosed terrace is a defining feature—long in scale and finished with smooth-glide sliding glass doors, creating a flexible indoor-outdoor space that changes how the unit lives.
Beach access is nearby via a short walk from the building, offering straightforward access to the ocean while staying close to the center of the island.
The building includes one assigned parking space, guest parking, and bike storage. Positioned near the entrance of Key Biscayne, it allows quick on-and-off island access while remaining close to Village Green, MAST Academy, Crandon Park, golf, tennis, and marinas.
Clean, updated, and positioned in one of the most supply-limited residential markets in coastal South Florida.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$775,000
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 | $620,000 | $620,000 | $620,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.301% | 6.500% | 5.691% |
| Monthly Tax Payment | $688 | $688 | $688 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,668 | $3,868 | $5,063 |
| Total Monthly Payment | $4,448 | $4,648 | $5,843 |
* 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.