Coastal contemporary new construction two blocks from Marco’s Crescent Beach! Only a few blocks from the prestigious JW Marriott Marco Island Beach Resort, where you will find some of the best restaurants on Marco. Blocks to the Marco Walk. Hilton and Marriott’s Crystal Shores with restaurants and bars, shops, movie theatre, ice cream and gelato, and access to South Beach. Expansive great room with open concept with 28 feet of sliding glass doors of three sets 10 feet tall, 12-foot ceilings with double tray to peak of 14 feet, gourmet kitchen with shaker cabinets, shadow boxes above, quartz countertops with 10-foot island, dry bar and crown molding. Four bedrooms, 3. 5 baths and three-car garage. Shaker cabinets with quartz countertops in all baths and laundry room. Primary suite separated from other bedrooms in split floor plan. Wood-plank porcelain tile throughout. Hurricane windows and doors. Flat slate tile roof. Pool and cascading spa surrounded by travertine tile lanai. Epoxy garage floor. Paver stone driveway. Meets required 10-foot elevation for new construction. Excellent rental potential. Renderings are similar to finishes but not exact. Anticipated completion Fall 2024.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,799,999
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 | $2,239,999 | $2,239,999 | $2,239,999 |
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 | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $451 | $451 | $451 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,529 | $14,343 | $19,667 |
Total Monthly Payment | $15,105 | $14,919 | $20,243 |
* 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.