Fabulous 3 bedroom 3 full bath beach residence of nearly 2200 sf under 1. 5 million? Here you go! Majestic 6th floor rear corner unit with abundant natural light from extensive glass walls - 7 sliding glass doors and large L shape wrap around balcony - one of largest on beach. Step down elegant living room feels like outdoors in - views of sunrise, moon rise, sky, water. . A very pleasant island view day and night. At this height, you see ocean in multiple directions, too! Clean condition inside, well kept original features with newer mechanical systems. Overseas owners 2nd home of many years. Les Falls residences come up for sale infrequently - this is the only one on market. Discover Les Falls - comfortably sized with 46 residences, amenitized with heated pool and hot spa, grill area, game room library, ocean facing social and gathering room as well as large fitness room. Undercover assigned parking of course. Beach dune walk over to the world famous white sand crescent Marco Island beach. Superb management, great Board of Directors, good financials. Everything you re looking for at an affordable 3 bedroom beach price!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,395,000
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 | $1,116,000 | $1,116,000 | $1,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $676 | $676 | $676 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,146 | $7,146 | $9,798 |
Total Monthly Payment | $7,947 | $7,947 | $10,599 |
* 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.