Location is the name of the game with this remarkable 2 bedroom, 2 bathroom condo located in the heart of magnificent Marco Island. French Village boasts incredible convenience; multiple beach accesses, Marco Walk Plaza, and several high-class hotel restaurants. . . all in short distance, beach accesses is 1/4 of a mile away. The relaxing living room benefits from Western exposure for pleasant sunny afternoons; head out the sliding door to the lanai on a nice day! Need a break from the sun? Plantation shutters provide an aesthetically pleasing solution. A fantastic set of French doors lead into the comfortable primary bedroom. Guest bedroom also touts size, with a king bed fitting handily. Primary bathroom comes equipped with a lovely updated shower. Ample kitchen with plentiful counter and cabinet space, open to the dining area. Covered parking with an assigned spot is included. Washer and dryer included in the unit. A/C installed 2015, hot water heater installed 2016. A popular common area, the sun deck represents a perfect vista to soak in some succulent sunshine and enjoy nightly sunsets. Other amenities include a sparkling pool, a barbecue area, shuffleboard, and a putting green for practicing your short game. Be in the middle of it all with this Island home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
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 | $118 | $118 | $118 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,757 | $2,689 | $3,396 |
Total Monthly Payment | $2,950 | $2,882 | $3,589 |
* 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.