838 W ELKCAM, #408, Marco Island, FL, 34145 | $979,000

This water direct residence is absolutely exquisite, a completely remodeled modern waterfront penthouse condominium! 40 Year inspection completed! 1820 sq feet under air, 3 bedroom & 2. 5 baths. This home checks all the boxes: waterfront, water direct, dock, breathtaking west views, high ceilings, quartz counters & vanities & new stainless steel appliances. Condo also boasts new gorgeous tiled showers, double sink vanity in the master, wet bar with beverage cooler, large tiled lanai with motorized storm shutters. This property also features an elevator, large assigned covered parking (space for 2 cars), and a boat dock available for lease with direct access to the Gulf and open water in minutes! Condo amenities include a heated pool with spa, and newly resurfaced tennis/pickle ball court. This condominium is very centrally located within walking distance to the Esplanade and Veterans Park. This unit is a must see, and at a super attractive price. Ownership interest is a Licensed Florida Real Estate Agent.

Features

  • Parking: Attached Carport
  • Heating: Central Heating
  • Cooling: Central Air
  • Levels: 4
  • Amenities: Elevator(s), Bike Storage, Pickleball, Pool, Tennis Court(s)Community Pool
  • Rooms: 2
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Laundry: Washer Dryer Hookup
  • Complex: Bayside Club Condo
  • Year Built: 1981
  • Approx Sq. Feet: 1,820
  • Est. Taxes: $6,327
  • Lot Desc: Mid Street Location
  • View: Bay, Gulf, Pool, Wide Water
  • Water Front: Yes
  • Pets Allowed: No
  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Refrigerator With Ice Maker, Wine Cooler
  • MLS#: 2242151
  • Days on Market: 51 days
  • Website: https://www.raveis.com
    /prop/2242151/838welkcam_marcoisland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Marco Island Area Association of REALTORS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing courtesy of Horizons by the Sea, INC   Phone: 239-394-8655

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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838 W ELKCAM, #408, Marco Island, FL, 34145

$979,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $783,200 $783,200 $783,200
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 $527 $527 $527
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,080 $5,015 $6,876
Total Monthly Payment $5,699 $5,634 $7,495

* 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.