Paradise awaits in one of the most exclusive locations on Marco Island. This beautiful Marco Island Estates custom built 4 Bedroom 6 Bath home features gorgeous wide water views of Barfield Bay.
The home offers breathtaking views from the moment you walk inside. The first floor primary bedroom has been completely updated with a spacious sitting area, two walk-in custom closets, and a stunning luxurious bathroom with double vanities, walk-in shower, and free standing tub. An additional guest bedroom ensuite is located on the first floor that can also be used as an office. Upstairs includes two additional guest bedroom ensuites and a 2nd floor private balcony to take in the wide water views. In addition, the kitchen features quartz countertops, stainless steel appliances, custom cabinetry, and an elegant dining area to enjoy with family and guests. Step outside into the expansive screened-in lanai with a large custom pool and spa to enjoy all day sunshine. Additional updates include new luxury flooring throughout, new lighting and fixtures, new roof (2018), new impact storm shutters, impact windows, new electric window shades, new AC (2022), custom landscaping, brick paver driveway, and more. Quick direct boating access to Caxambas Pass and the Gulf of Mexico from your private boat dock/lift, and two jet ski lifts. Further, the home offers high elevation situated above the flood plain. No flood insurance required. This is a must see property. Great investment opportunity to make this your new home here in paradise on beautiful Marco Island.
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Our Executive Mortgage Banker:
Our Insurance Division:
$9,500,000
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 | $7,600,000 | $7,600,000 | $7,600,000 |
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 | 7.559% | 6.723% | 6.847% |
Monthly Tax Payment | $1,962 | $1,962 | $1,962 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $49,293 | $48,664 | $66,728 |
Total Monthly Payment | $51,380 | $50,751 | $68,815 |
* 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.