This 3 bedroom, 2. 5 bathroom beauty at Caxambas Tower presents an irresistible home base on the delightful south end of Marco Island. Northwest exposure provides a variety of sensational views ranging from the sparkling gulf to a bird's eye view of the Island; with nearly 500 square feet, the oversized lanai allows for numerous possibilities when it comes to vantage points. Inside the unit, the floor plan dazzles with split bedrooms, ample space, and sliders aplenty resulting in cascading sunlight brightening up the home. A comforting foyer marks the entrance of the home, with a half bathroom and shelved laundry room nearby. The primary bedroom also benefits from lanai access, and has room for a king-sized bed easily. Electric shutters in front of all sliders to protect your paradise. Additional storage included on the first level. Caxambas Tower amenities include a pool, pickleball/tennis, exercise room, social room with kitchen, kayak and bike storage and a pier overlooking the Ten Thousand Islands. The building has undergone a structural engineering inspection; recent updates and additions are in process, assessments fully paid by the seller. Pool area is being renovated and is nearing completion, landscaping being added to the deck. If unparalleled Marco sunsets and a well-maintained coastal building are of interest, definitely check this one out.
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$959,000
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 | $767,200 | $767,200 | $767,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.274% | 6.723% | 6.932% |
Monthly Tax Payment | $279 | $279 | $279 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,104 | $4,912 | $6,789 |
Total Monthly Payment | $5,475 | $5,283 | $7,160 |
* 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.