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Welcome to this charming Key Largo residence located at 229 2nd Rd. This delightful home is nestled amongst a tranquil hammock setting with beautiful views and a refreshing breezes suited for a family or a split shared living space. Made of durable construction, this home comes equipped with a metal and concrete roof. Each room has a private bathroom and ample living space. The property features spacious living areas, high ceilings, unique island accents, modern finishes, and abundant natural light throughout. Enjoy the a spacious yard filled with natives and shading trees, great for privacy and keeping cool in the summer. with a back yard that is spacious enough for entertaining and peaceful enough for some relaxation, you'll be sure to find some island time. The front bedroom can be converted into a convenient mother -in-law suite with private entrance on the side of the main house. With several convenient entryways into the house, you'll fall in love with the possibilities. The backyard boast several planting boxes in the sunniest areas, a gardeners dream! Close to elementary schools, bus stops, and a community boat ramp with attached dog/community park complete with trailer parking for residents. Conveniently located near local amenities as well as mainland Florida for easy access to Miami nightlife or shopping and convenient travel from Miami airport. This home provides a superb blend of south Florida and keys coastal living. Don't miss the opportunity to experience this wonderful property.
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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
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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 | $620,000 | $620,000 | $620,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.275% | 6.284% | 5.595% |
| Monthly Tax Payment | $69 | $69 | $69 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,618 | $3,767 | $5,025 |
| Total Monthly Payment | $3,779 | $3,928 | $5,186 |
* 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.