Welcome to this beautiful, Polynesian-inspired, direct Gulf access, 3-bedroom, 2. 5-bath home! Sitting in the acclaimed Estates area of Marco Island, this home features over half an acre and amazing water views. An oversized circular driveway and lush tropical landscaping greet you as approach the home and provide a private setting. The light and bright floor plan offers vaulted ceilings, built-ins, plantation shutters, gas fireplace, wet bar and more. The charming kitchen includes a center island with cooktop, breakfast bar, ample cabinets, a large pass-through window to the lanai, pool and water views. Retreat to the spacious master suite with sitting area, access to the lanai, walk-in closet, en-suite with dual vanities, soaking jetted tub and separate shower. The additional bedrooms allow privacy for your guests. Sure to impress, the screened lanai features a sparkling pool with spa, plenty of room for soaking up the sun, a covered area for sitting/dining and serene views. Direct and quick access to the Gulf with a brand-new corrugated seawall. Close to the beach, shopping and restaurants, this home makes living the tropical lifestyle on Marco Island a dream come true.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,450,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,360,000 | $4,360,000 | $4,360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.333% | 6.876% | 6.936% |
Monthly Tax Payment | $777 | $777 | $777 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $28,279 | $28,279 | $38,582 |
Total Monthly Payment | $29,181 | $29,181 | $39,484 |
* 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.