970 Cape Marco DR, Marco Island, FL, 34145 | $10,500,000

The Epitome of Luxury Living with 360-degree views of Marco Island and the Gulf of Mexico! Jaw dropping views from every room. This stunning Penthouse on the top floor of the Belize building, encompasses half of the building at Cape Marco! This never lived in Penthouse boats 13, 528 SF, with a total of 16, 893 Total SF! This absolute one of kind residence is sure to bring your most discerning buyer anything they want and more. Enter into this breathtaking unit through a private elevator with alabaster, granite and Crema Marfil marble inlay entrance to greet you. The Grand Salon is graced with wall to ceiling windows with unsurpassed Gulf of Mexico and white sand beach views! The floor to ceiling grand fireplace is the focal point aside from the views, made of marble, alabaster and glass tile! This Penthouse boasts 6 bedrooms, 6 full baths 2 half baths, plus an office, media room, maids' quarters and library, all with 6 terraces for incredible 25th floor views! The master suite has a cedar closet, sauna and sensational beach terrace with Gazebo! Bring the whole family as there is room for everyone! Located in beautiful Cape Marco. No expenses spared in this one of kind, exclusive residence! Complete with private 2 car air-conditioned garage! Enjoy the lifestyle you deserve with world class amenities!

Features

  • Building Design: High Rise (8+)
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 1
  • Amenities: BBQ - Picnic,Beach - Private,Beach Access,Bike And Jog Path,Bike Storage,Business Center,Community Pool,Community Room,Community Spa/Hot tub,Exercise Room,Extra Storage,Fishing Pier,Guest Room,Internet Access,Library,Sauna,Sidewalk,Streetlight,Tennis Court,Theater
  • Rooms: 7
  • Bedrooms: 6
  • Baths: 6 full / 2 half
  • Complex: BELIZE
  • Development: CAPE MARCO
  • Year Built: 2004
  • Approx Sq. Feet: 13,528
  • Est. Taxes: $68,574
  • Condo Fee: $6,388 Quarterly
  • Lot Desc: Other
  • View: Gulf
  • Community Type: Gated,Tennis
  • Water Front: Yes
  • Elem. School: TOMMIE BARFIELD ELEMENTARY SCHOOL
  • Middle School: MARCO ISLAND CHARTER MIDDLE SCHOOL
  • High School: MARCO ISLAND ACADEMY
  • Pet Policy: Limits
  • MLS#: 222021777
  • Website: https://www.raveis.com
    /eprop/222021777/970capemarcodr_marcoisland_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Premier Sotheby's International Realty

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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970 Cape Marco DR, Marco Island, FL, 34145

$10,500,000

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 $8,400,000 $8,400,000 $8,400,000
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 7.620% 6.735% 6.806%
Monthly Tax Payment $5,715 $5,715 $5,715
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $54,482 $53,786 $73,751
Total Monthly Payment $60,321 $59,625 $79,590

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.