Be one of the first to tour this beautiful condo located in the ''A'' building.
Take in the serene views from the privacy of the 5th floor lanai and relax as you listen to the sound of water all around you! Riverside Club, a jewel of Marco Island, boasts this fabulous condo! You will feel the calm of the amazing, million dollar, wide-water views as you enjoy your favorite cocktail or morning coffee. Watch the sun rise as it comes up over the Jolly Bridge, follow the dolphins as they play, be amazed at the boat traffic and fish from the piers! You will never tire of the magnificent wide-water views. The fees at Riverside Club include electricity.
Additionally, you can lease a boat slip for $600/year, also included is gated and locked boat trailer storage on the property. Notice to investors, Riverside Club permits daily rentals. Riverside Club is within walking distance to boat and bike rentals and to the World-Famous Snook Inn--Waterfront Dining and many other restaurants and shops. Rose Marina is less than a mile away, this marina is the launch site for the Key West Express and they offer boat rentals as well. All new impact resistant windows and sliders have been installed. Riverside Club has just had the exterior buildings repainted white with beautiful accents in Blue and Gray. New lanai cages have been installed as well. This material is based upon information which we consider reliable, but because supplied by 3rd parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. It is the responsibility of the purchase side agent and agents' customer to verify all fees, potential assessments and measurements.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
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 | $399,200 | $399,200 | $399,200 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $292 | $292 | $292 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,656 | $2,653 | $3,367 |
Total Monthly Payment | $3,023 | $3,020 | $3,734 |
* 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.