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651 W Elkcam CIR, Marco Island, FL, 34145 | $489,000
This condo is perfect in every way, all you need is a toothbrush and some suntan oil. You will enjoy the close proximity to the beach, shopping and waterfront dining. Relax at a waterfront heated swimming pool on Smokehouse Bay watching the boats sail by and included use of dock space for your boating needs, all this and more located in Marco Islands most sought after prime area.
No expense was spared on this beautifully furnished condo, this 2 bedroom 2 full bath top floor unit is tastefully done and needs nothing. Over approx. $50, 000. 00 in recent upgrades!
The list of upgrades include new ac system $7, 300. 00, hot water heater $1, 600. 00, storm shutters $8, 000. 00, Washer and dryer $1, 700. 00, refrigerator $1, 500. 00, stove $600. 00, microwave $400. 00, dishwasher $550. 00, Impact glass and windows $4, 600. 00, Impact doors $4, 500. 00, interior paint on all walls, doors and trim $7, 000. 00 and last but not least $20, 000. 00 in furnishing and décor.
One extra feature that makes this condo quite exciting is the income possibilities, it has been rented through season easily for $3, 000. 00 to $4, 500. 00 per month and can generate cash flow while not in use. You have the option of not maintaining seasonal renters or they can easily transfer over to you.
The Smokehouse Bay Club community offers a great blend of amenities which include pickleball and tennis courts, bocce ball, two heated pools with one on the water, fire pit and large patio area with a tiki hut and big-screen TV.
For the boating or kayaking enthusiast, The Smokehouse Bay Club provides common Gulf-access boat docks with a kayak launch as well to enjoy. Just minutes outside your front door to Resident’s Beach, one of Marco Island's world class pristine gulf beaches. Conveniently located directly across the street from the Esplanade, shopping, grocery stores and Marco Island's finest restaurants. This condominium offers a lifestyle that is ideal for those looking to just get away from it all, stroll to the beach, relax at a waterfront restaurant, enjoy a Marco sunset, swim in a heated waterfront pool, walk to the best bars and dining in town or enjoy boating from your backyard.
Features
- Building Design: Low Rise (1-3)
- Parking: 1 Assigned,Deeded,Guest
- Heating: Central Electric
- Cooling: Ceiling Fans,Central Electric
- Levels: 1
- Amenities: BBQ - Picnic,Bike Storage,Boat Storage,Bocce Court,Cabana,Community Boat Dock,Community Boat Slip,Community Gulf Boat Access,Community Pool,Fishing Pier,Pickleball,Sidewalk,Streetlight,Tennis Court,Underground Utility,Vehicle Wash Area
- Bedrooms: 2
- Baths: 2 full
- Complex: SMOKEHOUSE BAY CLUB
- Development: MARCO ISLAND
- Year Built: 1988
- Approx Sq. Feet: 843
- Est. Taxes: $3,116
- Condo Fee: $754 Monthly
- Lot Desc: Zero Lot Line
- View: Landscaped Area,Tennis Courts
- Community Type: Boating,Non-Gated,Tennis
- Boat Access: Composite Dock
- Elem. School: TOMMIE BARFIELD ELEM
- Middle School: MANATEE MIDDLE SCH
- High School: LELY HIGH SCHOOL
- Pet Policy: Limits
- MLS#: 224096148
- Website: https://www.raveis.com
/prop/224096148/651welkcamcir_marcoisland_fl?source=qrflyer
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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
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651 W Elkcam CIR, Marco Island, FL, 34145
$489,000
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 | $391,200 | $391,200 | $391,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
| Monthly Tax Payment | $260 | $260 | $260 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,537 | $2,505 | $3,249 |
| Total Monthly Payment | $2,872 | $2,840 | $3,584 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388