1041 Swallow AVE, Marco Island, FL, 34145 | $599,000

Looking for close proximity to the beach and waterfront views? This 2 bedroom, 2 bathroom condo at Moorings of Marco offers both of these conveniences on Marco's south end at a budget lower than most. Moorings rests right at the end of one of the Island's storied canals, resulting in optimal relaxation on the oversized lanai as boats take off on direct access waterways. New carpet in bedrooms, wood laminate in dining/living area, and tile in all other rooms. AC replaced 2020, hot water heater 2023. Washer and dryer included in the unit. Amenities include covered parking with assigned space, community pool, bike storage, boat launch, a cabana, and a car wash area. Some additional conveniences paid by the seller are upcoming, including electric shutters on the lanai, manual shutters on the windows, and a storm-resistant front door. The Moorings represents a spectacular opportunity to buy into the gorgeous south end of Marco Island, extraordinarily convenient to south beach access; come see for yourself!

Features

  • Building Design: Low Rise (1-3)
  • Parking: 1 Assigned,Covered,Under Bldg Open
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 1
  • Amenities: BBQ - Picnic,Bike Storage,Community Boat Dock,Community Pool,Community Room
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: VANTAGE POINT
  • Development: MARCO ISLAND
  • Year Built: 1982
  • Approx Sq. Feet: 1,146
  • Est. Taxes: $3,948
  • Condo Fee: $1,533 Monthly
  • Lot Desc: Oversize
  • View: Canal,Pool/Club
  • Community Type: Boating
  • Water Front: Yes
  • Boat Access: Boat Slip
  • Pet Policy: Not Allowed
  • MLS#: 224097555
  • Website: https://www.raveis.com
    /prop/224097555/1041swallowave_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 RE/MAX Affinity Plus

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NMLS Mortgage Loan Originator ID 16953

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1041 Swallow AVE, Marco Island, FL, 34145

$599,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $479,200 $479,200 $479,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.352% 7.042% 6.160%
Monthly Tax Payment $329 $329 $329
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,148 $3,148 $4,011
Total Monthly Payment $3,569 $3,569 $4,432

* 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.