900 S COLLIER, #205, Marco Island, FL, 34145 | $825,000

Welcome to Apollo 205. A nicely updated 1BR/1BA beachfront condo offering an extra-large balcony with spectacular views of Marco Beach. This turnkey property has everything you or your rental customers will need for a wonderful beach holiday. Featuring comfortable furnishings, a full kitchen, updated bathroom with walk-in shower, and a bedroom with a king size bed, Apollo 205 represents an incredible beachfront opportunity. Apollo condominiums is THE BEST investment building in Marco Island, boasting a weekly rental policy, direct beach views from spacious balconies, and a bar/restaurant (Sunset Grille) in the building. Apollo is a unique, cool, relaxing condo resort right here on beautiful Marco Island. For investors, this condo will rent year-round and deliver very attractive cash flow and total returns. Whether you want to enjoy Apollo 205 with your family and friends, or you want to own this property as an investment, this is an amazing opportunity to own a beachfront condo right here in Marco Island. Rental history for this property is available upon request.

Features

  • Heating: Central Heating
  • Cooling: Ceiling Fan(s), Central Air
  • Levels: 10
  • Amenities: Elevator(s), Exercise Room, Pool, Tennis Court(s), Trash Chute, Spa/Hot TubCommunity Pool
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: Apollo, The A Condo
  • Year Built: 1990
  • Approx Sq. Feet: 504
  • Est. Taxes: $5,140
  • Lot Desc: See Remarks
  • View: Beach
  • Water Front: Yes
  • Pets Allowed: No
  • Appliances: Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • MLS#: 2242198
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/2242198/900scollier_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 Premiere Plus Realty Company   Phone: 239-732-7837

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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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900 S COLLIER, #205, Marco Island, FL, 34145

$825,000

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 $660,000 $660,000 $660,000
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 7.406% 6.762% 6.830%
Monthly Tax Payment $428 $428 $428
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,281 $4,226 $5,795
Total Monthly Payment $4,801 $4,746 $6,315

* 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.