This home is due to be complete in the first quarter of 2025. Introducing an exceptional opportunity to own a brand-new luxury residence on Marco Island, currently under construction and set for completion in 2025. This exquisite home is designed with a coveted SE exposure for the pool area & summer kitchen, allowing for stunning sunrises to grace one side & vibrant watercolor sunsets on the other. The orientation ensures your pool area enjoys ample sunshine throughout the day, eliminating the need to close blinds for sunset views & minimizing excessive heat from bright sunlight entering the interior. The residence will feature a great room floor plan, gourmet kitchen, four spacious bedroom suites, each with its own bath, plus an additional dedicated office, half bath & 3-car garage with ample room for storage. Set on an oversized corner parcel, the property boasts 51 feet of new seawall & is situated in a prestigious water-direct neighborhood, providing swift boat access to the Marco River & beyond. For added privacy, two of the guest suites, along with a lanai patio space designed for relaxation, are thoughtfully located upstairs. This home is poised to offer luxurious living with unparalleled access to the best of Marco Island's waterfront lifestyle!
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,499,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,799,200 | $2,799,200 | $2,799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $755 | $755 | $755 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,156 | $17,924 | $24,577 |
Total Monthly Payment | $19,035 | $18,803 | $25,456 |
* 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.