NO FLOODING SINCE IT WAS BUILT! Island Paradise Condo on Marco Island - First floor no steps with dock. Welcome to your dream island retreat on Marco Island! Imagine waking up to the sun rising over Caxambas Bay, the gentle sound of the waves greeting you as you step out onto your private lanai. This is island living at its finest, where every day feels like a vacation. *Condo Features: * - 2 Bedrooms, 2 Full Baths: Spacious and inviting, perfect for comfortable living and hosting guests. - Main Floor Convenience: No steps to navigate, and parking is right outside your door for ultimate ease. - New Renovations: Enjoy the modern touch with new appliances, countertops, and a freshly repainted interior. - Hurricane-Ready: Equipped with electric hurricane shutters and impact glass for peace of mind during storm season. - High-Tech Comfort: Stay cool with a new fan and Nest thermostat, ensuring your home is always the perfect temperature. -Outdoor Living: New stucco, soffits and a newly resurfaced pool, tennis, and pickleball courts with fantastic amenities right at your doorstep. Boater's Haven: - Kayak Launch & Boat Dock: ** Your waterfront adventures await! Launch your kayak or dock your boat with ease, ready for a day of exploring the stunning 10, 000 islands. Do you love to fish? This is the PLACE for you! - Trex Dock: Durable and maintenance-free, your dock is as ready for your boat as you are for the water. Lifestyle: - South Beach Marco Island Proximity: Take a leisurely stroll to South Beach, just minutes away, and immerse yourself in the soft sands and crystal-clear waters. Best beach on the Island. - No Flooding History: This unit has never experienced flooding, and Marco Island benefits from the natural hurricane protection of the 10, 000 islands. - Beautiful Views: Sit on your lanai with your morning coffee and watch the sunrise over the bay, soaking in the tranquil beauty of island life. This condo embodies the perfect Florida lifestyle – whether you're an avid boater, a beach lover, love to fish, enjoy watching dolphins while kayaking or sitting on the dock, or simply seeking a serene place to call home. With all the renovations and upgrades, it's move-in ready and waiting for you to start your next chapter of island living. Don't miss this opportunity to own a piece of paradise on Marco Island!
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Our Executive Mortgage Banker:
Our Insurance Division:
$695,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $556,000 | $556,000 | $556,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $400 | $400 | $400 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,699 | $3,695 | $4,689 |
Total Monthly Payment | $4,191 | $4,187 | $5,181 |
* 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.