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It's time to buy the BEACH HOUSE. Find easy living in the sought-after Miami Beach Association! Just a short stroll to one of Old Lyme's most desirable beaches, this charming 3-bedroom ranch is the perfect coastal retreat. Miami Beach welcomes golf carts, making beach days and neighborhood gatherings effortless. Enjoy a robust beach community with through back summer highlights like Christmas in July, beach blanket bingo and the July 4th celebration. Inside the home, find one-level living with three bedrooms, a full bath, and an expansive three-season porch that becomes the heart of the home-ideal for entertaining family and friends after a day on the sand and perhaps, room to expand! Outside, enjoy a spacious patio for summer barbecues, an outdoor shower room to rinse off after the beach, and a dedicated golf cart shed with additional storage for all your beach gear. The back yard is fully fenced. Whether you are searching for a seasonal escape or a year-round getaway, this property offers the relaxed Connecticut shoreline lifestyle and the wonderful community you've been dreaming of. Bring your ideas (and your bathing suit) and make this charming beach home your own! The Miami Beach Association voted to connect to public sewers in 2026. Timeframe TBD
| Type | Dimensions | Level |
|---|---|---|
| Bedroom 1 | 10.0 x 10.0 | Main |
| Bedroom 2 | 10.0 x 10.0 | Main |
| Eat-In Kitchen | 13.0 x 14.0 | Main |
| Great Room | 11.0 x 14.0 | Main |
| Other | 11.0 x 19.0 | Main |
| Primary Bedroom | 10.0 x 10.0 | Main |
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William Raveis Real Estate
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Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $396,000 | $396,000 | $396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.230% | 6.512% | 5.866% |
| Monthly Tax Payment | $469 | $469 | $469 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,342 | $2,471 | $3,262 |
| Total Monthly Payment | $2,886 | $3,015 | $3,806 |
* 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.