Discover an incredible opportunity to build your dream home on this homesite of over half an acre in the prestigious, gated community of Key Marco. This oversized lot offers the perfect blend of privacy and natural beauty, set against the backdrop of vibrant preserves and Blue Hill Bay. Take advantage of the opportunity to enjoy breathtaking wide water views from higher floors of your build as well as direct Gulf access. Key Marco is not just a place to live; it's a lifestyle. Residents have access to a wealth of exceptional amenities, including an attended gated entry, a community clubhouse with a fitness center, indoor and outdoor spaces for gatherings, tennis and pickleball courts, dog park plus a private marina with a deeded boat slip which can accommodate up to a 40 foot boat. At the southern end of Marco Island, this property boasts a very short boat ride to the Gulf of Mexico to enjoy boating, fishing, and sightseeing without traveling under bridges or having any concerns of boat height restrictions. Explore miles of scenic paths perfect for biking and jogging, or unwind at the private marina and fishing piers. This extraordinary community, steeped in history and natural splendor, is home to diverse wildlife, including the stunning Roseate Spoonbill. Key Marco is comprised of 546 acres, 375 of which are designated a natural habitat at it allows only 134 homesites. This community consists of a rolling terrain with elevations up to 45’ above sea level and new homes priced in the $8+ million range. Located just a short drive from grocery stores, shops, restaurants, and beautiful beaches, Key Marco stands out as one of the most exclusive and peaceful communities in Florida. Don't miss the chance to create your own paradise in this remarkable setting—this exceptional property truly must be seen to be believed!
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William Raveis Real Estate
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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 | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.261% | 6.748% | 6.847% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,785 | $4,605 | $6,315 |
Total Monthly Payment | $4,877 | $4,697 | $6,407 |
* 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.