Discover Coastal Living at Shipps Landing - Unit 1022 Welcome to a rare gem on Marco Island, situated on the 10th floor of Shipps Landing, a prestigious private peninsula spanning 28 acres of lush, manicured grounds. This exceptional corner unit offers unparalleled views of the Gulf and marine life from its expansive wraparound balcony. Enjoy vistas stretching south, west, and north, providing a perfect balance of privacy, natural beauty, and mesmerizing sunsets. Shipps Landing boasts an array of top-tier amenities, including: • Private beach access • Newly upgraded marina for boating enthusiasts • Three pools and hot tubs • Waterfront fitness center • Tennis, bocce, and pickleball courts • Kayak launch and fishing pier This community is renowned for its financial stability, having passed the rigorous Milestone Engineering Study and withstanding even the toughest storms with resilience and style. Unit 1022 has been lovingly maintained, ensuring comfort and reliability for years to come. Whether you're drawn to boating, beach activities, or simply soaking in the beauty of the Gulf, this home offers a lifestyle like no other. Experience the best of Marco Island - schedule your private tour today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
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 | $1,080,000 | $1,080,000 | $1,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.750% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.239% | 6.849% | 7.037% |
Monthly Tax Payment | $650 | $650 | $650 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,276 | $7,005 | $9,632 |
Total Monthly Payment | $8,051 | $7,780 | $10,407 |
* 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.