588 Spinnaker DR, Marco Island, FL, 34145 | $3,995,000

VIEWS, VIEWS AND MORE VIEWS!!! Prepare to be amazed by the stunning water and city views and the exceptional features of this 5-bedroom, 5-bath estate home on Marco Island one of Florida's safest cities. Offering ultimate privacy and tranquility and over $300, 000 in upgrades and improvements, this bright and airy residence captivates from the moment you enter through the elegant glass double doors. The home is adorned with travertine tile throughout, complemented by a beautiful wood staircase and an elevator that serves all floors. Located only 8 houses from Tigertail Beach, this home is perfect for entertaining. The spacious living area seamlessly connects to a large, gourmet kitchen. Chefs will love the expansive wraparound breakfast bar that seats eight, granite countertops, and top-of-the-line stainless steel appliances, including a gas six-burner stove, built-in wall oven and microwave, built-in refrigerator, and separate dining area. French doors open from the living and dining areas to a large patio equipped with a summer kitchen. Whether you're relaxing or entertaining, you'll be captivated by the extensive views of the Gulf of Mexico and the city. For even more breathtaking vistas, head up to the sun deck and be mesmerized by the sight of boats passing by, the endless Marco Island beach, and stunning sunsets. Its like having your own private penthouse overlooking the Gulf and South Beach. And watching the beautiful sunsets from there as well. The large master suite offers a sitting area, wet bar, spacious master bath with jetted tub, walk-in shower, walk-in closet, and a private balcony with a spiral staircase leading to the main floor. Two additional en-suite bedrooms, each with their own private balconies, are located on the same floor. The extensive screened lanai features a sparkling pool with a cascading waterfall spa, southern exposure, and serene preserve views. A large three-car garage with roll-down screens and a backup generator provides peace of mind. This home truly has it all!! THIS IS A MUST SEE!!!

Features

  • Amenities: None
  • Bedrooms: 5
  • Baths: 5 full
  • Style: Contemporary,Multi-Story Home
  • Development: MARCO ISLAND
  • Year Built: 2011
  • Garage: 3-car Attached
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Approx Sq. Feet: 4,325
  • Acreage: 0.35
  • Est. Taxes: $16,036
  • Lot Desc: Oversize
  • View: City,Gulf,Mangroves,Wooded Area
  • Community Type: No Subdivision
  • Water Front: Yes
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224087954
  • Website: https://www.raveis.com
    /eprop/224087954/588spinnakerdr_marcoisland_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Downing Frye Realty Inc.

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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588 Spinnaker DR, Marco Island, FL, 34145

$3,995,000

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 $3,196,000 $3,196,000 $3,196,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.343% 6.864% 6.725%
Monthly Tax Payment $1,336 $1,336 $1,336
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $20,464 $20,729 $27,841
Total Monthly Payment $21,925 $22,190 $29,302

* 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.