Looking for a condominium with a spectacular water view? Look no further. This fully furnished seventh-floor unit has sweeping views of the gulf, Ten Thousand Islands and Caxambas Pass from nearly every room. From the wrap-around lanai, enjoy views of the sunrise and marina, and prepare to be entertained by the constant show given by the dolphin, rays, manatees and pelicans. The unit’s split floor plan has two bedrooms, two baths, an open floor plan and an abundance of natural light. Both bedrooms have walk-in closets. The main bath has dual sinks, granite countertops and a walk-in shower. The secondary bath has granite counters and a shower tub combo. The kitchen has white cabinetry, granite counters and the living room features a built-in wet bar with wine cooler. You will appreciate the condominium’s many updates such as new paint throughout, smart TV in the living room that conveys, new washer and dryer, new induction stove and new garbage disposal. Air conditioner is 2021 and hot water tank is 2024. The unit’s large extra storage closet is just across the hall. The community of Shipps Landing offers many amenities, including three community pools with spas, pickleball, tennis courts, bocce, shuffleboard, a fitness center, guest suites, a fishing pier, a clubhouse, boat slips for lease, kayak launches and private beach access. With a prime location on the southwest side of Marco Island, there is easy access to world-class dining, shopping, entertainment, beautiful white-sand beaches and all the best of Marco Island.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,150,000
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 | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.296% | 6.622% | 6.680% |
Monthly Tax Payment | $547 | $547 | $547 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,967 | $5,815 | $8,014 |
Total Monthly Payment | $6,639 | $6,487 | $8,686 |
* 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.