970 Cape Marco DR, Marco Island, FL, 34145 | $7,350,000

STUNNING Gulf Views and Unforgettable Sunsets from this exclusive remodeled Penthouse at the southern tip of Marco Island. Dolphins, boats, and soaring tropical birds provide a constant living seascape from the Gulf-side lanais. Sweeping View of the beautiful island from the Guest suite lanai. MARCO ISLAND IS SPECIAL~ yet the PRICE for THIS AMAZING PENTHOUSE ON THE BEACH would be much higher in Naples. It's worth the drive a little bit further south, over the bridge to check it out! The elevator opens in your own private foyer to breathtaking views and classically gorgeous decor. Each room is special. Italian Porcelain floors throughout. The Grand Salon is welcoming and comfortable. The kitchen is a chef's delight, with lots of light and tons of storage and counter space. The adjacent den overlooking the Gulf has a fireplace and a comfy sitting area. The media room also has a fireplace and more picture windows. The home office has a wet bar with wine cooler and lanai access. The Primary suite is an elegant get-away with glass doors across the back overlooking the Gulf. Walk-in closets include a cedar closet and your own private sauna. A soaking tub and a separate walk-in shower. One of the two water closets has a bidet. Down the hall is another huge ensuite bedroom, 26 X 14, with a third open air lanai overlooking all of Marco Island. One of the 4 bedrooms is a two-room suite with a built-in wine cooler in the sitting room. A unique feature is the Bunk Room with 8 full size beds - great for large gatherings, making lifelong memories. The huge laundry room has plenty of cabinets for beach towels and more storage, with an access door to your service area: Trash chute, Electrical Room, Water heater, Service Elevator and the stairway. Visit the Pool downstairs, Soak in the hot tub while your dinner cooks on the Grill in the covered outdoor kitchen. It's a lovely place to unwind and breathe in the ocean air. Pickle ball and tennis at the Cape Marco tennis center. Two designated parking spaces near your elevator in the garage beside bicycle storage near the door to the Beach. Some of Marco's BEST restaurants are within walking distance of Cape Marco, which offers the ultimate luxury lifestyle.

Features

  • Building Design: High Rise (8+)
  • Parking: 2 Assigned,Under Bldg Closed
  • Heating: Central Electric,Zoned
  • Cooling: Ceiling Fans,Central Electric,Zoned
  • Levels: 1
  • Amenities: BBQ - Picnic,Beach Access,Bike Storage,Billiards,Clubhouse,Community Pool,Community Room,Community Spa/Hot tub,Concierge Services,Electric Vehicle Charging,Exercise Room,Extra Storage,Guest Room,Internet Access,Pickleball,Sauna,Sidewalk,Streetlight,Tennis Court,Theater,Trash Chute,Underground Utility
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Complex: BELIZE
  • Development: CAPE MARCO
  • Year Built: 2004
  • Approx Sq. Feet: 7,905
  • Est. Taxes: $47,856
  • Condo Fee: $2,273 Monthly
  • Lot Desc: Regular
  • View: City,Gulf
  • Community Type: Gated
  • Water Front: Yes
  • Elem. School: TOMMIE BARFIELD ELEMENTARY
  • Middle School: MARCO ISLAND CHARTER MIDDLE SCHOOL
  • High School: MARCO ISLAND ACADEMY
  • Pet Policy: Limits
  • MLS#: 224096757
  • Website: https://www.raveis.com
    /prop/224096757/970capemarcodr_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 COLDWELL BANKER 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:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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970 Cape Marco DR, Marco Island, FL, 34145

$7,350,000

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 $5,880,000 $5,880,000 $5,880,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.545% 6.748% 6.932%
Monthly Tax Payment $3,988 $3,988 $3,988
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $38,138 $37,650 $52,033
Total Monthly Payment $42,251 $41,763 $56,146

* 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.