971 Valley AVE, Marco Island, FL, 34145 | $1,399,000

CLOSE TO THE BEACH! Attention Investors. . . 97, 800 collected in rent in 2023; and 119, 998 in 2022! Whether you are looking for a great investment near the beach & restaurants, or looking for a nice place to call home, you will love this impressive Old Florida style home. Situated on an oversized lot in the much sought after south end of the island. Enter through the double glass doors into a freshly painted tropical blue 12x12 entry. Wide stairway takes you to the upper floor where all your living space is. Step into the huge great room that boasts vaulted wood-beamed ceiling, and a beautiful south facing Bay window. Off the great room is a dining area that has double doors leading out to the 10x28 screened-in lanai. The kitchen has stainless steel appliances, granite countertops, pantry, picture window, and a 12 ft breakfast bar! Split floor plan has 2 bedrooms each on either side of the great room for a total of 4. Steps down from the lanai is a pool bath that has recently been updated. This home has outdoor living at its best! Huge screened-in deck for soaking in the Florida sunshine surround the large inviting pool. An extra plus is a covered 10x50 area with 3 new ceiling fans to keep you cool. There is a tremendous amount of outdoor furniture that stays with the house, including 4 brand new lounge chairs & cushions. The home is beautifully landscaped with King palms and tall hedges giving you much privacy. Yard is partially fenced for your 4 legged friends. Adjacent to the pool deck is a 12x8 utility room that has a closet that seller uses as an owner's closet when home is rented. Note all the expensive upgrades: Approximately October 2022 - new hot water heater, new A/C, new pool pump, new pool heater, new outside lighting. Approximately November 2020, all new impact glass windows and front entry door, new Hardie board siding around entire home, and new roof! This home sits a short distance from Marco Island's South Beach, shopping, fine and fun dining, and a movie theater. The location can't be beat and a beautiful home comes with it! Turnkey furnished - can move right in.

Features

  • Amenities: None
  • Rooms: 8
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Style: Florida
  • Development: MARCO ISLAND
  • Year Built: 1989
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric,Exhaust Fan
  • Approx Sq. Feet: 1,990
  • Acreage: 0.27
  • Est. Taxes: $9,551
  • Lot Desc: Corner,Oversize
  • View: None/Other
  • Community Type: Boating
  • Elem. School: TOMMIE BARFIELD
  • Middle School: MI CHARTER OR MANATEE
  • High School: LELY HIGH SCHOOL
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224096535
  • Website: https://www.raveis.com
    /eprop/224096535/971valleyave_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 BERKSHIRE HATHAWAY FL REALTY

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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:

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971 Valley AVE, Marco Island, FL, 34145

$1,399,000

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 $1,119,200 $1,119,200 $1,119,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.375% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.209% 6.498% 6.579%
Monthly Tax Payment $796 $796 $796
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,166 $6,982 $9,673
Total Monthly Payment $8,087 $7,903 $10,594

* 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.