Accessible without stairs or elevator, here is your updated first floor unit built up 7 feet with NO damage from hurricanes Irma, Ian, Helene or Milton. In fact, the lobby, which is on the same level, has been confirmed to be at 13. 9 ft elevation as per attached elevation certificate. White sand, sparkling water, and glorious sunsets are your views from your very own balcony here on South Beach, Marco Island. Use this lovely home as a much-needed retreat and rent out to cover the costs. Or, make it a pure investment cash-cow with 7-day rentals allowed 52 times a year. Sea Winds building offers a gated living experience with pool and hot tub, community room and private beach access. Tennis/pickleball courts are also available for those who want more activity. Super cute, fully tiled two bedroom, two full bath condo with laundry in the unit, and a lanai stretching across the width, with brand new impact sliders both in primary bedroom and in the living room. If you like to cook, the complete kitchen includes dishwasher, electric range with oven, microwave and refrigerator/freezer. For those who don’t cook, Sunset Grille is right next door and many other restaurants, shops, movie theatre, arts center, mini-golf etc. are just around the corner. Owners may bring their pet with association approval. Seller has owned and self-managed rentals for 11 years, and lived in the unit the last 3 winters. Seller just started using booking agency in Sep. and already has $40K in booked in upcoming rentals.
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Our Executive Mortgage Banker:
Our Insurance Division:
$928,800
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 | $743,040 | $743,040 | $743,040 |
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 | $540 | $540 | $540 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,819 | $4,758 | $6,524 |
Total Monthly Payment | $5,451 | $5,390 | $7,156 |
* 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.