Have you been searching for a spacious waterfront condo with a boat slip in Marco Island? This direct-access waterfront, 2 bed, 2. 5 bathroom plus den penthouse, condominium has fantastic views of both the water and the city. Among the great features this home has to offer is an assigned boat slip with quick access to the Gulf of Mexico through Caxambas Pass plus a ground level covered parking space under the building. Offering over 1600 sqft of living space under air, this home has a large living room with sliding doors to a screened lanai, kitchen with custom cabinets, newer solid surface countertops, updated appliances and breakfast bar. 2 large bedrooms plus a den with a bar that could be converted into a 3rd bedroom (if needed. ) This home also includes an in-suite laundry room and 1/2 bathroom. There is an assigned storage closet next to the elevator on the 5th floor as well. Both bedrooms have balconies with fantastic views that can be enjoyed year-round. You won’t find another top floor condo quite like it on the market today. The master bathroom and 1/2 bathroom were both remodeled in 2022. Several light fixtures have been updated as well. Hurricane shutters on lanai. Tropical Isle has many amenities including: a fitness center, library, community room, hobby room, kayak racks available for rent heated pool and ample covered parking with bike racks plus a car wash area. Start living your Southwest Florida dream today!
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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 | $780,000 | $780,000 | $780,000 |
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 | $246 | $246 | $246 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,059 | $5,059 | $6,848 |
Total Monthly Payment | $5,397 | $5,397 | $7,186 |
* 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.