1000 Royal Marco WAY, Marco Island, FL, 34145 | $8,950,000

At the time of listing, this is the only direct residential beachfront property available on Marco Island and is one of only six beach villas in Hideaway Beach. The grounds offer a welcoming air that sets the tone for what this home offers, a beach retreat that is the ideal blend of sophistication, natural beauty, and a place where family and friends can gather, relax and enjoy the barefoot luxury lifestyle. This four-bedroom plus office, 4. 5-bath end-unit villa has just undergone a major renovation incorporating a classic, coastal design with timeless finishes while showcasing the backdrop of the amazing views of the white sand and the Gulf of Mexico. The residence and specifically the lower-level entertainment space embodies the ambiance of a private, five-star spa resort with an infrared sauna, pool and spa, while being a short distance from the beach and gulf. Bring your shorts, shoes and island attitude since everything else is already here. Awaken to the sights and sounds of the waves and breathe the salt air. You aren't just buying a home; you are buying a lifestyle and this is as good as it gets. Three-car garage. Private elevator. Live the life you've always dreamed of at Hideaway Beach. Over two miles of beach, nine-hole golf course, tennis, pickleball, formal and informal beachfront dining facilities, health club. community pool and spa, and more!

Features

  • Building Design: Villa Attached
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric,Wall Unit
  • Levels: 3
  • Amenities: BBQ - Picnic,Beach - Private,Beach Access,Bike And Jog Path,Bocce Court,Clubhouse,Community Pool,Community Room,Community Spa/Hot tub,Exercise Room,Golf Course,Pickleball,Private Membership,Putting Green,Restaurant,Tennis Court
  • Rooms: 8
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Complex: HIDEAWAY BEACH
  • Development: HIDEAWAY BEACH
  • Year Built: 1990
  • Approx Sq. Feet: 4,764
  • Est. Taxes: $41,391
  • Condo Fee: $10,665 Quarterly
  • Master HOA Fee: $20,530
  • Lot Desc: Other
  • View: Gulf,Gulf and Bay
  • Community Type: Gated,Golf Course,Tennis
  • Water Front: Yes
  • Elem. School: TOMMIE BARFIELD
  • Middle School: MARCO CHARTER
  • High School: MARCO ISLAND ACADEMY
  • Private Pool: Yes
  • Pet Policy: Limits
  • MLS#: 224089645
  • Website: https://www.raveis.com
    /prop/224089645/1000royalmarcoway_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.
Courtesy of Premier Sotheby's International Realty

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

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1000 Royal Marco WAY, Marco Island, FL, 34145

$8,950,000

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 $7,160,000 $7,160,000 $7,160,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.864% 6.810%
Monthly Tax Payment $3,449 $3,449 $3,449
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $45,846 $46,440 $62,864
Total Monthly Payment $49,420 $50,014 $66,438

* 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.