Presented byJustin Dolan |
One of the most undervalued real estate opportunities in Southwest Florida. Incredible, nearly half-acre lot with panoramic views of Blue Hill Creek, Blue Hill Bay, and colorful sunrises and sunsets out to Barfield Bay and the Marco Island skyline from an elevated home. This is the first homesite of the community, so it is extremely private with only one neighbor and is surrounded by lush, mature vegetation. In the prestigious and historic gated community of Key Marco, where you can escape and get away from it all. From the lot, you are less than three miles to Publix, area shopping, hardware store, Walgreens and more and within five miles to Residents' Beach. Enjoy amenities of the community such as the ability to have a direct access boat slip with access to incredible fishing, adventure and endless sightseeing among the 10, 000 Islands, Gulf of Mexico and beyond and the recently renovated community center with fitness and social rooms, and pickleball and tennis. Great homesite for a new build. Minimum 3, 000 air-conditioned square feet, up to 65 feet high. Seller is a Florida licensed real estate agent.
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Our Executive Mortgage Banker:
Our Insurance Division:
$598,500
Licensed Salesperson
William Raveis Real Estate
Phone: 339.237.8672
Justin.Dolan@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.944.8218
Bob.Flynn@raveis.com
NMLS Mortgage Loan Originator ID 6314
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $478,800 | $478,800 | $478,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,226 | $3,182 | $4,038 |
Total Monthly Payment | $3,318 | $3,274 | $4,130 |
* 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.