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5 STAR BEACHFRONT SPLENDOR with a large rental income. of $260, 000 at the Somerset of Marco Island. Set directly on the beautiful Beachfront of Marco Island Florida. Revel to breathtaking views of sand , sun and sea. Amazing gulf sunsets beckon you. Offering outrageous panoramas that will delight your senses.
Decorated in the latest Coastal tropical décor, you will feel like you have just opened the pages of a magazine, but the reality is all yours to enjoy!! Worthy of the finest Hotels, This condo will “WOW” you and your guests!!
RESTAURANTS WITHIN WALKING DISTANCE!!!! IF YOU ONLY WANT THE BEST!! THIS UNIT Is COMPLETELY UPDATED AND IS TRULY SPECTACULAR! It is unrivaled by any other condol unit or hotel suite!
Breathtaking views of the sugar sand and gulf right the master bedroom or living room! Completely renovated which includes beautiful wide plank hardwood floors throughout, all new furniture, marble bathrooms, deluxe beds, power shades in the master and living room, , the best of appliances, 4 extra large LED High Definition flat screen TV's including a 75 inch TV in the living room and three additional 55 inch TV's in the bedrooms! Two master bedrooms suites each with king size beds and a guest bedroom with two full size beds and a sitting room. . Ultra FABULOUS kitchen with big breakfast bar. Marble countertops and backsplash! Designer cabinets throughout the unit. No detail has been overlooked! USB ports in the wall above nightstands in each bedroom and at the kitchen counter. This unit is extra special!!
Walk-in laundry room equipped with washer and dryer and laundry sink located directly off of the kitchen,
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Don't forget about all the amenities of the Somerset Condominium building - similar to those of a luxury resort. This luxurious beachfront condominium features two private heated pools, tennis and pickle ball court, beach access, and barbecue grills all within seconds of this condo unit's front door. The building sits directly on Marco's pristine white sandy beach where you can collect shells while leisurely walking along or just sit and watch the tide come and go. The Somerset has a gated street entry and a gated beach entry. The Somerset building is easy to get around in because it features both elevators and stairways and the grounds have lighted pathways throughout tropical, landscaped gardens. The Somerset is also located within walking distance to some of Marco's best restaurants, shopping and entertainment!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,500,000
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 | $2,000,000 | $2,000,000 | $2,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.375% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.957% | 6.484% | 6.449% |
Monthly Tax Payment | $1,038 | $1,038 | $1,038 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,477 | $12,477 | $17,148 |
Total Monthly Payment | $13,640 | $13,640 | $18,311 |
* 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.