In the idyllic South Seas East community on Marco Island, this two-bedroom, two-bath penthouse offers the ultimate coastal living experience with only four units on the floor, ideal for those seeking a serene beachside retreat. The building, enhanced with a new roof, surrounds a lush tropical courtyard, setting the stage for a tranquil environment. Notably, this condo has never sustained any hurricane-related damage, offering added peace of mind. This unit has been completely remodeled with new plumbing and electrical as well as custom cabinetry. The interior boasts tile flooring, plantation shutters and crown molding throughout, creating an elegant and inviting atmosphere. This property is offered turnkey furnished, making it ready for immediate enjoyment. The heart of the home is the kitchen, equipped with recessed lighting, a tray ceiling, custom white cabinets, granite countertops, a tile backsplash, and a convenient two-seater breakfast bar. High-end stainless steel Samsung appliances, including a microwave, French door refrigerator, dishwasher and range with warming drawer ensure culinary endeavors are a delight. The open dining and living room area provides a seamless flow, ideal for entertaining and everyday living. Access to the lanai through sliding doors allows for an extension of the living space into the screened enclosure, where one can enjoy the mild Florida weather and views. The owner's suite is a private sanctuary featuring white built-in custom closets and access to the lanai. Its en-suite bath includes a white vanity with a granite countertop and a glass walk-in shower tiled from floor to ceiling. The guest bedroom follows a split bedroom concept for added privacy and includes an en-suite bath with a shower-tub combo. Additional conveniences include a new stackable washer and dryer and a new HVAC system with a programmable thermostat from your phone, which enhances the functionality of this exquisite condominium. Residents of this all-inclusive complex enjoy access to a wide array of amenities, including two pools, tennis and pickleball courts, a barbecue area with a picnic space, bocce, shuffleboard and beach access. The complex is just a short distance from a variety of dining options, ensuring entertainment and relaxation are never far away. This property represents not just a home, but a lifestyle, offering everything one could desire for a luxurious island-living experience.
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William Raveis Real Estate
Phone: 888.699.8876
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,920 | $479,920 | $479,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $365 | $365 | $365 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,315 | $3,233 | $4,082 |
Total Monthly Payment | $3,772 | $3,690 | $4,539 |
* 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.