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NEW CONSTRUCTION. MOVE-IN READY! This beautifully designed Islamorada model offers 3 bedrooms, 2 bathrooms, and 1, 438 square feet of comfortable living space on a LARGE CORNER LOT with no neighbors for added privacy. Built with durable concrete block construction and topped with a 30-year architectural shingle roof, this home combines long-lasting quality with everyday comfort. Step inside to a bright, open layout with a vaulted ceiling in the living room and luxury vinyl plank flooring throughout. The kitchen features stainless steel appliances, granite countertops, a subway tile backsplash, a spacious pantry, and custom white shaker cabinets with soft-close drawers, including a wrap-around fridge cabinet. Both bathrooms are finished with upgraded marble-look tile, with a glass-enclosed shower in the master suite and a tub/shower combo in the guest bath. The laundry room includes an upgraded cabinet package for extra storage. Energy-efficient double-pane windows, a 10-year structural warranty, and flood zone X status mean peace of mind—this home is high and dry and does not require flood insurance. Enjoy relaxing outdoors on the covered patio, and take advantage of the attached 2-car garage with opener and remotes. With no HOA fees, you’ll love the freedom and flexibility this home provides.
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Our Executive Mortgage Banker:
Our Insurance Division:
$259,900
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 | $207,920 | $207,920 | $207,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $12 | $12 | $12 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,314 | $1,366 | $1,741 |
Total Monthly Payment | $1,401 | $1,453 | $1,828 |
* 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.