Welcome to this 4th floor unit #408 at the Grandview! This updated 2 bed 2 bath condo that allows weekly rentals is the perfect place to cash flow on your investment. Famous Marco Island white sand crescent beach and warm gulf waters, located directly across the street and also shopping and multiple restaurants and entertainment. Located on the sought after south end of Marco island this condo comes with a covered parking spot and extra storage unit with a convenient location close to the elevator. Lots of upgrades in this unit such as a new A/C unit in 2022, new water heater 2023, new tiles floors, plantation shutters on the windows, new hurricane impact doors and windows along with new electric hurricane shutter. The updated kitchen has new countertops, fixtures, stainless steel appliances, new upgraded electrical panel, beautiful tile backsplash, shaker style cabinets, and stylish tray ceiling detail. The split floor plan has an oversized master bedroom with updated bath counter, cabinets and walk in shower and a in unit washer / dryer. Guest bath has a shower tub combo, new faucets plus the guest bedroom a stunning island view. Sit out on the lanai and get a peek a boo view of the beach and all the tropical landscaping. The Grandview recently underwent extensive upgrades including a new roof (2021), new hurricane grade glass (2022), new lanai cages (2022), full building and common areas paint (2022) and LED lighting throughout (2022). The Grandview's deluxe amenities include a picnic areas with BBQs, a heated pool and large spa, as well as a tennis court. Don't miss the opportunity to own your piece of paradise!
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$699,000
William Raveis Real Estate
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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 | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $346 | $346 | $346 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,815 | $3,717 | $4,716 |
Total Monthly Payment | $4,253 | $4,155 | $5,154 |
* 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.