This beautifully updated home offers modern comfort and endless potential, whether you choose to enjoy it as is or build your ultimate dream estate. Perfectly positioned on a premier Marco Island lot with breathtaking Marco River views, just a few properties from the coveted tip lot, this is a rare chance to own in one of the island's most desirable locations. Nestled at the end of a peaceful cul-de-sac, this 3-bed, 3-bath waterfront retreat boasts 100 feet of water frontage, offering ample space for a large yacht or watercraft. With direct Gulf access and no bridges to navigate, it's a boater's paradise. Eastern rear exposure ensures stunning sunrises over the tranquil canal, while the expansive screened lanai and private pool with spa provide a perfect setting for relaxation or entertaining. Additional features include a 2-car garage, and a recently updated water heater (2018). Whether as a move-in-ready home or the site of your future dream estate, this property combines a prime location with unparalleled opportunity. Will you be the one to make it yours?
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,650,000
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 | $2,120,000 | $2,120,000 | $2,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.260% | 6.762% | 6.790% |
Monthly Tax Payment | $1,360 | $1,360 | $1,360 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,750 | $13,575 | $18,613 |
Total Monthly Payment | $15,235 | $15,060 | $20,098 |
* 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.