Discover your perfect beachside retreat! This exceptional Key West-style estate offers not just one, but two beautifully remodeled residences on a prime corner lot, just a block from the river and two blocks from the ocean. This property is a rare find, blending coastal charm with modern amenities and endless possibilities. The main residence The front home welcomes you with two spacious bedrooms, two elegant baths, a cozy living room, and a fully updated kitchen and dining area. Beautiful hardwood floors run throughout the home as every inch of this home has been meticulously maintained, ensuring a move-in-ready experience. The attached single-car garage is not only extended for extra storage but also includes a dedicated utility room with shelving. The guest residence is just as impressive, featuring a two-car air-conditioned garage, a separate laundry room, and an exercise space on the ground floor. Upstairs, a delightful one-bedroom apartment awaits, complete with a full kitchen, dining area, a full bath with a tiled shower and a large living room. Step out onto the upper-level deck to enjoy tranquil views of the Intracoastal. Between the two residences lies a sparkling in-ground pool with a unique in-pool seating area and a pavered deckperfect for family gatherings and relaxation. An elevated wood deck provides a shady area to relax with a portable hot tub and additional seating. The oversized pavered driveways provide ample parking, with space for up to 10 vehicles, including your boat or RV. Extensive landscaping with tropical palms and flowering plants adorn the exterior while large rock beds provide an extra touch of decor. Zoned for multi-family, this property offers incredible rental potential with a minimum 30-day lease, as per county regulations. Airbnb approved! Recent upgrades abound – enjoy peace of mind with new roofs (2021), A/C unit updates, water heaters, fresh interior and exterior paint, soffits and rain gutters, impact-rated exterior doors (back of the home), a new pool heater/chiller, a variable speed pool pump, a sprinkler pump, washer, refrigerator and more. Custom impact-rated hurricane shutters and panels add an extra layer of security, while a freestanding hot tub provides a perfect spot to unwind. A rare opportunity awaits, with all these upgrades and amenities, this property is a true gem. Agent-owned and shown by appointment only. Serious inquiries only. Cash or conventional financing; no owner financing and no house-to-sell contingencies will be considered.
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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 | $556,000 | $556,000 | $556,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $596 | $596 | $596 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,378 | $3,378 | $4,394 |
Total Monthly Payment | $4,066 | $4,066 | $5,082 |
* 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.