838 W Elkcam CIR, Marco Island, FL, 34145 | $979,000

Wow! An absolutely exquisite, completely remodeled modern waterfront penthouse! 40 Year inspection completed! This water direct residence is 1820 sq feet under air, 3 bedroom & 2. 5 baths. This home checks all the boxes: waterfront, water direct, dock, breathtaking west views, high ceilings, quartz counters & vanities & new stainless steel appliances. Condo also boasts new gorgeous tiled showers, double sink vanity in the master, wet bar with beverage cooler, large tiled lanai with motorized storm shutters. This property also features an elevator, large assigned covered parking (space for 2 cars), and a boat dock available for lease with direct access to the Gulf and open water in minutes! Condo amenities include a heated pool with spa, and newly resurfaced tennis/pickle ball court. This condominium is very centrally located within walking distance to the Esplanade and Veterans Park. This unit is a must see, and at a super attractive price. Ownership interest is a Licensed Florida Real Estate Agent.

Features

  • Building Design: Mid Rise (4-7)
  • Amenities: Hobby Room,Pickleball,Tennis Court
  • Rooms: 2
  • Bedrooms: 3
  • Baths: 2 full / 1 half
  • Style: Penthouse
  • Development: MARCO ISLAND
  • Year Built: 1981
  • Heating: Central Electric
  • Cooling: Central Electric
  • Approx Sq. Feet: 1,820
  • Est. Taxes: $6,327
  • Condo Fee: $1,444 Monthly
  • Lot Desc: Oversize
  • View: Bay,Gulf,Gulf and Bay
  • Community Type: Boating,No Subdivision
  • Water Front: Yes
  • Boat Access: Dock Lease
  • Elem. School: TOMMIE BARFIELD
  • Middle School: MARCO ISLAND CHARTER MIDDLE
  • High School: MARCO ISLAND ACADEMY
  • Pet Policy: Not Allowed
  • MLS#: 224089855
  • Website: https://www.raveis.com
    /prop/224089855/838welkcamcir_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.
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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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838 W Elkcam CIR, Marco Island, FL, 34145

$979,000

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 $783,200 $783,200 $783,200
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 $527 $527 $527
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,080 $5,015 $6,931
Total Monthly Payment $5,699 $5,634 $7,550

* 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.