860 Panama CT, Marco Island, FL, 34145 | $575,000

WATER DIRECT ACCESS - ASSIGNED DOCK! Vantage Point sits at the end of the cul-de-sac on the south end of beautiful Marco Island. This unit offers 2 bedrooms, 2 full baths, 2 walk-in closets, large living/dining room, inside laundry and a cook's delight kitchen. Extra plus is the screened-in lanai that looks east showing off those spectacular island sunrises! Located on the second floor which you can access either by stairway or elevator. Possibly the only 2 story complex on the Island that has an elevator. (Note all units don't have access to elevator, but 218 does). If you are a boater this certainly is the perfect place for you. If you just want to feel the Florida lifestyle this community will do that for you. Hang out by the pool, BBQ your catch of the day, or enjoy the community room with its many tables, kitchen, and large book shelf. Vantage Point is professionally managed, but also has a Board that truly cares about the property and its owners. The entrance to South Marco Beach is just a jaunt away. Also at the South end of the Island you will find nearby restaurants, shopping, mini golf, movie theater, and special events. Enjoy the peacefulness of Vantage Point without being too far from island activities.

Features

  • Building Design: Low Rise (1-3)
  • Parking: Common,Guest,Paved Parking
  • Heating: Central Electric
  • Cooling: Central Electric
  • Levels: 1
  • Amenities: BBQ - Picnic,Bike Storage,Community Boat Dock,Community Gulf Boat Access,Community Pool,Community Room,Extra Storage,Fish Cleaning Station
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: VANTAGE POINT
  • Development: MARCO ISLAND
  • Year Built: 1979
  • Approx Sq. Feet: 1,210
  • Acreage: 3
  • Est. Taxes: $4,366
  • Condo Fee: $3,200 Quarterly
  • Lot Desc: Zero Lot Line
  • View: Canal,Intersecting Canal,Landscaped Area
  • Community Type: Boating
  • Water Front: Yes
  • Boat Access: Boat Slip,Dock Included,Elec Avail at dock,Water Avail at Dock
  • Elem. School: TOMMIE BARFIELD ELEMENTARY
  • Middle School: MANATEE MIDDLE/MICMS
  • High School: LELY HIGH/MI ACADEMY
  • Pet Policy: Limits
  • MLS#: 224046318
  • Website: https://www.raveis.com
    /prop/224046318/860panamact_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 BERKSHIRE HATHAWAY FL REALTY

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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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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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860 Panama CT, Marco Island, FL, 34145

$575,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $460,000 $460,000 $460,000
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 $364 $364 $364
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,177 $3,099 $3,913
Total Monthly Payment $3,633 $3,555 $4,369

* 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.