Picture-Perfect Paradise awaits you on beautiful MARCO ISLAND! This highly sought after TWO BEDROOM TWO BATH FULL CABANA UNIT at Anglers Cove is the perfect vacation spot! There is plank laminate flooring laid throughout the main living area. The recently remodeled kitchen includes dishwasher, oven, refrigerator, and over the range microwave. The tiled and spacious enclosed downstairs cabana has sliding glass doors and can be used as an additional living area complete with a second full bathroom. The unit also comes with a COVETED COVERED PARKING SPOT. Use it as your own Vacation Paradise or list on VRBO or AirBnB! Making it PERFECT FOR INVESTORS, it offers lucrative rental income potential with its allowance for weekly, monthly, and annual rental and comes furnished. The resort-style amenities Angler's Cove offers its owners and guests: 2 large pools, Jacuzzis, 2 tennis courts, kayak storage, and direct access docks for lease. An On-site restaurant. The Tiki Bar & Grill is a lunch/dinner restaurant with a full menu and bar. Rose Marina is right next-door offering boat rentals and many other excursions including the Key West Express. This property is close to the beach and within walking distance of many restaurants on the island. Located on the North End of the Island making it quick and easy to go off island to enjoy downtown Naples. The modest maintenance fee covers electric, cable, WIFI, internet, trash removal and more.
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Our Executive Mortgage Banker:
Our Insurance Division:
$525,000
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 | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $271 | $271 | $271 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,901 | $2,830 | $3,573 |
Total Monthly Payment | $3,264 | $3,193 | $3,936 |
* 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.