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. Offering ULITIMATE privacy and TRANQUILITY and over $300, 000 in UPGRADES and improvements, this BRIGHT and AIRY residence captivates from the moment you enter. The home is adorned with TRAVERTINE tile throughout, complemented by a beautiful WOOD staircase and an ELEVATOR that serves all floors. With desirable SOUTHWEST exposure and only 8 houses from TIGERTAIL BEACH the location could not be better. SPACIOUS LIVING area seamlessly connects to an open GOURMET kitchen with expansive wraparound BREAKFAST BAR, granite counter tops and six-burner GAS STOVE TOP, built-in wall oven, microwave and refrigerator. FRENCH DOORS welcome the outdoors in with over 900 sq ft of covered deck with GULF and CITY VIEWS, Summer KITCHEN and spiral staircase to VIEWING DECK for even more BREATHTAKING vistas and SUNSET views. Perfect for relaxing or ENTERTAINING - it's like having your own private penthouse in the sky OVERLOOKING the Gulf of Mexico, the BEACH and passing boats. The SPACIOUS MASTER SUITE boasts of a SITTING AREA, wet bar, master bath with JETTED TUB, walk-in shower, walk-in closet, and an EXTENSIVE PRIVATE DECK also with memorizing WATER VIEWS. On the same floor are two additional EN-SUITE BEDROOMS, each complemented with PRIVATE DECKS. The 3 story screened lanai features over 1930 sq ft of Covered and open deck, SPARKLING POOL and cascading WATERFALL SPA with serene preserve views and POOL BATH. Large three ½ car garage with roll-down screens and and a backup generator provides peace of mind. THIS HOME 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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Our Insurance Division:

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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** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.545% 6.748% 6.932%
Monthly Tax Payment $1,336 $1,336 $1,336
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $20,729 $20,464 $28,282
Total Monthly Payment $22,190 $21,925 $29,743

* 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.