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Under Construction. Islamorada II
This Islamorada II is currently under construction and will be ready Oct/Nov! Beautiful design choices elevate this home, highlighting Maddox Painted Harbor wood finish cabinetry, pristine Frost Whte MSI 3CM Quartz countertops, and gorgeous Home VE489 Nutmeg LVP flooring throughout. Spanning 3, 144 square feet of expertly planned living space, this versatile floorplan is designed to support your lifestyle with 5 bedrooms, 4 bathrooms, and a 3 car garage. The seamless open concept layout effortlessly connects the main living areas, striking a wonderful balance between inviting comfort and daily functionality. Relax on your covered extended lanai while taking in views of the spacious backyard, or find productivity in the dedicated den or office space. The desirable first floor owner retreat offers a private escape, while the upper level features a versatile bonus room alongside an additional secondary bedroom and bathroom.
Images shown are for illustrative purposes only and may differ from actual home. Completion date subject to change.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,276,008
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,020,806 | $1,020,806 | $1,020,806 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.277% | 6.223% | 6.203% |
| Monthly Tax Payment | $429 | $429 | $429 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,038 | $6,203 | $8,614 |
| Total Monthly Payment | $6,592 | $6,757 | $9,168 |
* 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.