Buy Confident! Breathtaking, sweeping, wide ocean and island views from this completely renovated condominium on the beach with vistas beyond the famous landmark of Cape Marco. Redesigned split floor plan, tile and led lighting throughout. Desirable southwestern exposure allows for plenty of light and brightness. The kitchen showcases stainless steel appliances, quartz countertops and custom-made cabinets. The guest bedroom features a Murphy bed and barn door for maximum functionality and openness. Double hurricane protection with high-impact windows and accordion shutters provides extra peace of mind. Enjoy stunning gulf views from every room, each one with access to the large balcony ideal to entertain, watch magnificent sunrises, sunbathe or just simply relax while looking at the mesmerizing scenery, and exotic birds flying by while listening to the soothing sound of the waves. The building features a top-notch interior renovation including lobby, social and meeting rooms, baths, hallways, doors, updated elevators, office/reception, security system, mailroom with Amazon Hub, state-of-the-art fitness center and more so come and see. South Seas is the only community on Marco Island offering beach and bay access with boat docks available for lease. Beautiful manicured landscaped grounds and great amenities including pool, tennis and pickleball courts, bike storage, shuffleboard, barbecue-picnic area, and on-site management. All this in a centrally located 24-hour staffed gated community, close to shops and restaurants. Milestone Report completed. Paradise awaits you!
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Our Executive Mortgage Banker:
Our Insurance Division:
$890,000
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 | $712,000 | $712,000 | $712,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.876% | 6.850% |
Monthly Tax Payment | $453 | $453 | $453 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,618 | $4,618 | $6,251 |
Total Monthly Payment | $5,163 | $5,163 | $6,796 |
* 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.