Classic Florida waterfront estate - beautifully designed/maintained. Naturally high elevation (first floor living area at 25' above sea level). Sweeping views of historic Caxambas Bay and Little Tide Key. Coveted southern exposure, 0. 5-acre lot bordering protected coastline in the Ten Thousand Islands. Closest house to the south is over 90 miles away in the Florida Keys. Minimum light and noise pollution with stunning night skies. Complete privacy on the first-floor pool terrace, shielded from view and naturally protected by vast mangroves. One of only a few lots in this gated community with high elevation, southern exposure, and stunning water views. Refined indoor/outdoor coastal living with multiple terraces and spectacular views of the colorful sunrises, sunsets, and the natural habitat of southwest Florida. Featuring two master bedrooms on different floors; two offices; three bedrooms in a separate wing. Family room, living room with fireplace. Lower-level home theater with noise-canceling wood ceiling, ping pong/pool table, and large media area. Oversize pool, spa, sauna, outdoor kitchen, propane fireplace and outdoor shower. Large storage room with a/c. Five-car garage. The grounds of the home provide a private, lush retreat that incorporates native and edible plants, including mangoes, pineapple, beauty berry and star fruit. The sense of serenity, supreme privacy and history is what makes Key Marco so special. Direct access boat slip, renovated clubhouse with gym, tennis/pickleball courts and miles of walking/biking trails are all added benefits to living here. A must see to appreciate. Less than five miles to Publix, restaurants, additional shopping and more.
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,875,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $6,300,000 | $6,300,000 | $6,300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | $1,292 | $1,292 | $1,292 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $39,820 | $40,340 | $54,880 |
Total Monthly Payment | $41,237 | $41,757 | $56,297 |
* 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.