53 N Conch Ave, Out of Area, FL, 33050 | $1,200,000

No attention to detail was spared in this very spacious 3 bedroom 2 bath Fishing Cottage on historic Conch Key. Major upgrades include impact windows and doors, metal roof, Hardie board siding, Trex decking, quartz counters, bamboo hard wood floors, and cedar and Dade county pine walls and ceilings. Has an additional 896 square feet upstairs that is not currently counted in the square footage, so the home is much larger than it seems. Approximately 50' of dockage on a crystal clear canal with easy gulf and ocean access. Can accommodate large boats with deep draft. Plenty of parking on the left side of home for multiple vehicles. Located North of Marathon and Duck Key, so it is an easier drive back up to the mainland. Weekly rentals are allowed. Can be sold turn key and furnished as well.

Features

  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Washer Hookup,Dryer Hookup
  • Style: Two Story
  • Year Built: 1953
  • Garage: Driveway,Parking Pad
  • Heating: Electric
  • Cooling: Ceiling Fan(s),Electric,Wall/Window Unit(s)
  • Approx Sq. Feet: 1,368
  • Est. Taxes: $3,464
  • Lot Desc: < 1/4 Acre
  • View: Canal
  • Water Front: Yes
  • Appliances: Some Gas Appliances,Dryer,Dishwasher,Refrigerator,Washer
  • MLS#: A11636604
  • Days on Market: 80 days
  • Website: https://www.raveis.com
    /prop/A11636604/53nconchave_outofarea_fl?source=qrflyer
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Listing courtesy of Coldwell Banker Schmitt Real E   Phone: 305-743-5181

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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53 N Conch Ave, Out of Area, FL, 33050

$1,200,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $960,000 $960,000 $960,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.406% 6.762% 6.830%
Monthly Tax Payment $289 $289 $289
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,227 $6,147 $8,429
Total Monthly Payment $6,641 $6,561 $8,843

* 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.