Welcome to South Seas Club, a meticulously kept gated community on Marco Island! This gorgeous 2 bedroom, 2 bathroom condo boasts elegant upgrades and tasteful coastal styles. Completely gutted and remodeled including new wiring and plumbing! Plantation shutters throughout the entire unit provide privacy while allowing beautiful natural light to shine in. The foyer has custom closets perfect for shoes, umbrellas, beach gear & more. The updated LVT floors, shiplap, and molding make this inviting beach cottage the perfect getaway. The fully remodeled kitchen offers updated appliances including a farmhouse sink, and laundry room. Ample lighting and storage have also been added for convenience. Enjoy a cocktail from your very own custom bar as you enjoy your breathtaking water views off your wrap around screened in lanai, accessible from both the living room and primary bedroom. The built in closets in the primary bedroom are an absolute dream, and the primary bathroom upgrades are trendy and tranquil. No detail has been missed in this cozy piece of paradise! The community offers resort style amenities including private beach access, bocce, shuffleboard, tennis, and pickleball courts, kayak and bike storage, a community pool, and BBQ grill area. Boat slips are available for lease, and BONUS this unit has a deeded carport with a storage closet. Additionally, this building (C Bldg) is the closest building among the mid rises to the beach access. South Seas offers a fantastic location walking or biking distance from iconic shops and restaurants. This property is a true gem, just waiting to make your coastal dreams a reality!
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $338 | $338 | $338 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,042 | $3,988 | $5,060 |
Total Monthly Payment | $4,472 | $4,418 | $5,490 |
* 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.