29051 MAGNOLIA LANE, Big Pine Key, FL, 33043 | $1,165,000

Welcome to 29051 Magnolia Lane in Big Pine Key, FL! This inviting home offers a 2-bedroom, 2-bathroom main living area, plus a pre-FIRM permitted lower level featuring a 480-square-foot studio/MIL suite with a full bath. Situated on a 5, 100 square foot lot in Eden Pines, this concrete home is ideal for island living.

The chef's kitchen boasts stainless steel appliances, premium counters, and a breakfast bar. The living room opens to a screened porch overlooking the canal, complete with a full 60 ft concrete seawall and davits—perfect for boating enthusiasts.

The home features an energy-efficient ductless mini-split system both upstairs and downstairs, hardwood and tile floors, and a split bedroom layout. Enjoy outdoor living with a private, fenced yard and patio. Additional amenities include a dual-entry garage and a large utility/laundry room.

Immerse yourself in the natural beauty of Big Pine Key, with daily visits from Key deer, manatees in the canal, and various birds. Nearby, you'll find shopping and dining, with Bahia Honda and Looe Key close by for adventures. Plus, enjoy a short drive to Marathon and Key West. Embrace the Keys lifestyle with ease!

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: Laundry Room
  • Style: Coastal
  • Year Built: 1976
  • Garage: 1-car Boat, Covered, Ground Level, Off Street
  • Heating: Zoned
  • Cooling: Mini-Split Unit(s)
  • Approx Sq. Feet: 1,344
  • Acreage: 0.12
  • Est. Taxes: $6,244
  • View: Water
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: G5094765
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/G5094765/29051magnolialane_bigpinekey_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/8/2025 4:56:07 AM)
Listing courtesy of Compass Florida LLC   Phone: 407-203-9441

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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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29051 MAGNOLIA LANE, Big Pine Key, FL, 33043

$1,165,000

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 $932,000 $932,000 $932,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.625% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.861% 6.727% 6.560%
Monthly Tax Payment $520 $520 $520
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,663 $5,968 $8,055
Total Monthly Payment $6,308 $6,613 $8,700

* 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.