980 Cape Marco DR, Marco Island, FL, 34145 | $1,599,000

Stunning views of the sparkling Gulf waters abound from this gorgeous Monterrey residence. The light and bright, new, coastal interior offers 2 bedrooms plus a den, 2 baths, Hunter Douglas shades, plantation shutters, and beautiful kitchen complete with granite counters, stainless steel appliances, and custom dry bar with wine cooler and built ins. The main living area boasts updated tile flooring throughout that extends onto the lanai. Spacious lanai overlooks the pool, beach, and Gulf of Mexico. This is the ideal space to relax while enjoying the island breeze and watching dolphins play. The master suite is a private oasis with breathtaking views, access to the lanai, and en-suite bath with dual sinks, walk-in closet, walk-in shower, and bathtub. The large den is currently set up and being used as a third bedroom. Enjoy all the upscale amenities at prestigious, gated Cape Marco including 6 HarTru tennis courts, fitness center, and private beach access.

Features

  • Building Design: High Rise (8+)
  • Parking: 1 Assigned
  • Heating: Central Electric
  • Cooling: Central Electric
  • Levels: 1
  • Amenities: Beach Access,Clubhouse,Community Pool,Exercise Room,Extra Storage,See Remarks,Tennis Court,Trash Chute
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: MONTERREY AT CAPE MARCO
  • Development: CAPE MARCO
  • Year Built: 1996
  • Approx Sq. Feet: 1,978
  • Est. Taxes: $10,564
  • Condo Fee: $2,320 Monthly
  • Lot Desc: Other
  • View: Gulf
  • Community Type: Gated
  • Water Front: Yes
  • Elem. School: TOMMIE BARFIELD ELEMENTARY SCHOOL
  • Middle School: MANATEE MIDDLE SCHOOL
  • High School: LELY HIGH SCHOOL
  • Pet Policy: Limits
  • MLS#: 224011252
  • Website: https://www.raveis.com
    /eprop/224011252/980capemarcodr_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 RE/MAX Affinity Plus

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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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980 Cape Marco DR, Marco Island, FL, 34145

$1,599,000

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 $1,279,200 $1,279,200 $1,279,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.864% 6.810%
Monthly Tax Payment $880 $880 $880
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,191 $8,297 $11,231
Total Monthly Payment $9,196 $9,302 $12,236

* 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.