Experience the epitome of luxury living at this meticulously renovated and professionally designed beachfront property. Prepare to be impressed from the moment you step out of the private elevator entrance into this modern coastal oasis. Entertain your guests in the gourmet kitchen and formal dining room, or relax in front of the linear fireplace while watching the sun set on the gulf. Spacious primary bedroom with sitting area, private access to terrace that overlooks the gulf, complete with an en-suite bath that features dual vanities, free standing tub, separate shower , lighted make up desk, and two walk in closets. Two guest bedrooms each have private attached full bathrooms and access to the front terrace overlooking the city of Marco Island. This unit is being offered fully furnished with beautifully coordinated pieces and accessories. Complete remodel done in 2023. All new flooring, cabinets, bathroom tile, tiled showers, plumbing fixtures, lighting, and all new furniture. Reputable contractor and Interior Designer left no stone unturned on this one. Ready for years of enjoyment and memories to be made. The Madeira is the newest beachfront high rise on Marco Island. Owners and their guests enjoy amenities including a gorgeous beach side pool complete with an outdoor kitchen, grills, hot tub, fitness center, sauna , lounge with billiards, tennis, pickleball, theater, and 1 or 2 bedroom guest suites can be rented. Secure gated entrance. Next door to the JW Marriott Resort, close to renowned restaurants and shopping.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,900,000
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 | $4,720,000 | $4,720,000 | $4,720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.532% | 6.723% | 6.806% |
Monthly Tax Payment | $2,948 | $2,948 | $2,948 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $30,614 | $30,223 | $41,441 |
Total Monthly Payment | $33,687 | $33,296 | $44,514 |
* 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.