Paradise awaits you at this 2 bedroom / 2 bathroom beachfront condo with spectacular daily views! Enjoy nighty sunsets from your spacious balcony while overlooking the expansive beach. All windows and sliding doors are hurricane rated for storm protection. This condo offers tile flooring throughout and LVP flooring in both bedrooms. All kitchen appliances are stainless steel. This light and bright condo is being sold furnished and ready to make your own. The condo amenities are great and include communal laundry rooms on each floor, covered parking, kayak storage, a community pool and spa, beach access, boat slip rentals, tennis/pickle ball, sidewalks, 24-hour gated security, onsite condo management. South Seas Tower 3 allows for weekly rentals as well and this property is currently in a rental program, making this an attractive short term investment property. South Seas is the only Marco Island condo that offers both beach and bay access. The lush tropical landscaping and community layout offers great curb appeal, making this a definite must see!
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,999
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 | $719,999 | $719,999 | $719,999 |
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 | $523 | $523 | $523 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,610 | $4,670 | $6,322 |
Total Monthly Payment | $5,224 | $5,284 | $6,936 |
* 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.