Escape to paradise in this rare 3-bedroom, 2-bath end unit condo on Marco Island, a perfect blend of coastal bliss, investment potential, and resort-style amenities. Located just two blocks from the soft sands of Marco Island's crescent beach and gentle breeze, this condo offers an unparalleled lifestyle. Step inside this sun-drenched unit and be captivated by the spaciousness and natural light, enhanced by a dining room bump-out and extra windows. The inviting split floor plan ensures privacy for everyone, with a luxurious owner's retreat boasting an updated bathroom and ample walk-in closet. Your guests will appreciate their own private space and a tastefully remodeled second bathroom. Rest easy knowing this condo is equipped with impact windows and sliders, providing a first line of defense against storms. Embrace the true essence of island living with outdoor spaces designed for enjoyment. Sip your morning coffee on the gated front porch as the sun rises, then gather for evening cocktails on the light-filled screened lanai while watching the spectacular sunset. Beyond your private oasis, the condo community offers a wealth of amenities to enhance your island experience. Store all your beach gear in your private storage unit and park with ease in your carport. Enjoy sunny days lounging by the pool, challenge friends to a game of tennis or pickleball, fire up the barbecue for a casual meal, or explore the island's scenic views. This condo is not just a home, it's a lucrative investment opportunity. With the ability to offer weekly rentals, you can easily offset expenses or create a steady income stream. This unit is being sold turnkey, so everything you see stays, making it an effortless transition into island life or a seamless rental opportunity from day one. When you're not relaxing in your tropical oasis or taking advantage of the community's amenities, explore the vibrant Marco Walk just down the street with its world-famous restaurants, charming ice cream parlor, unique shops and boutiques, miniature golf, and a movie theater. Everything you need for a memorable vacation is right at your doorstep. This updated tropical escape with its array of amenities and turnkey convenience is truly a rare find on Marco Island. Don't miss your chance to own this slice of paradise and experience the ultimate in island living.
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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 | $747,920 | $747,920 | $747,920 |
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 | $429 | $429 | $429 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,789 | $4,851 | $6,567 |
Total Monthly Payment | $5,310 | $5,372 | $7,088 |
* 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.