One-of-a-kind, customized southwest-side, front residence in the heart of Marco Island's crescent beach at the Princess Del Mar. This unit has just undergone a major renovation and is designed for casual living at the beach with an open floor plan offering nearly 2, 000 air-conditioned square feet with a clean and crisp interior palette. Original plan has been modified with an addition of a fourth bedroom or den. This property has just been staged with furniture! All new hardwood flooring throughout, LED lighting, kitchen/countertops/Fisher & Paykel appliances, base trim/crown molding, fresh paint throughout, new water heater/HVAC, total bath remodel with tile, shower doors, floating vanities, plumbing fixtures and lighting, new washer and dryer, impact glass and more. Enjoy beautiful, panoramic beach, Gulf of Mexico and sunset views from most of the unit and the expansive rear terrace. The Princess offers tennis, pickleball, a community pool/spa, fitness/social rooms, guest suites and more and is conveniently between the JW Marriott Beach Resort and the Residents' Beach. Seller is a licensed Florida REALTORĀ®.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,475,000
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 | $1,980,000 | $1,980,000 | $1,980,000 |
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 | $1,261 | $1,261 | $1,261 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,678 | $12,842 | $17,384 |
Total Monthly Payment | $14,064 | $14,228 | $18,770 |
* 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.