Incredibly rare opportunity to own the entire top-floor penthouse that lives like a home with a private, two-car garage on the desirable south-end of Marco Island. Offering 3, 600 air-conditioned square feet with three bedrooms plus den, three-and-one-half-baths with panoramic Gulf of Mexico, colorful sunrise/sunset and city skyline views throughout the entire residence. What makes this property even more special is the outdoor living spaces with over 150' of terrace space that wraps around the unit. Entertaining takes place on a grand scale here with all the outdoor space in addition to the interior where you will find a gourmet kitchen with spacious breakfast bar, multiple interior spaces to gather/relax, butler pantry, wine room and more. Caxambas South Beach Terrace is a low-density, 15-unit property with community pool and is within one mile to the beautiful white sand beach and the Caxambas Park & Boat Ramp
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,450,000
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 | $1,960,000 | $1,960,000 | $1,960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.296% | 6.622% | 6.680% |
Monthly Tax Payment | $970 | $970 | $970 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,713 | $12,389 | $17,074 |
Total Monthly Payment | $13,808 | $13,484 | $18,169 |
* 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.