Situated on the southern tip of Marco Island, this 7th-floor condo in the small, intimate Caxambas Towers offers GORGEOUS CITY AND WATER VIEWS of the Gulf of Mexico and the Ten Thousand Islands. A rare opportunity, this beautifully appointed residence is just steps from the South Beach entrance, providing easy access to the pristine sands and sparkling waters that Marco Island is known for. The spacious split-bedroom floor plan features three bedrooms, two full bathrooms, and one half bathroom within 1, 869 square feet of living area. The southeast exposure floods the condo with natural light, while the expansive wrap-around balcony, equipped with electric shutters, offers multiple covered outdoor spaces to relax and take in the views. The turnkey furnished interior boasts diagonal tile flooring in most living areas, seamlessly connecting the spaces. The kitchen is a chef's delight with recessed lighting, a tray ceiling, wooden shaker-style cabinets, granite countertops, a tile backsplash, and stainless-steel appliances. The open dining and living area is perfect for entertaining, with hardwood flooring, a tray ceiling, and direct access to the balcony. The owner's suite features ample closet space, and an en-suite bathroom with a dual vanity, granite countertops, a walk-in shower with a bench, and a glass enclosure. Guest bedrooms with white plantation shutters are adjacent to a full bathroom. Additional conveniences include a powder bath, a well-equipped laundry room with Maytag appliances, and storage cabinets. Caxambas Towers offers a wealth of amenities, including a waterfront pool, hot tub, fitness center, tennis and pickleball courts, a social room with a kitchen, a BBQ area, and covered parking. With additional storage on the first level and a recent structural engineering inspection, this condo is a perfect retreat for those seeking the ultimate coastal lifestyle on Marco Island.
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William Raveis Real Estate
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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 | $1,039,200 | $1,039,200 | $1,039,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.876% | 6.850% |
Monthly Tax Payment | $337 | $337 | $337 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,740 | $6,740 | $9,124 |
Total Monthly Payment | $7,202 | $7,202 | $9,586 |
* 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.