This rarely available beachfront penthouse in the prestigious Princess del Mar offers an unparalleled living experience on Marco Island’s award-winning Crescent Beach. With stunning, panoramic views of the Gulf of Mexico and unobstructed vistas of the sugar-sand beach due to the extraordinary location next to the popular Resident’s Beach with no building next door, this prime residence provides a remarkable coastal lifestyle. The spacious two-bedroom, two-full bath floor plan features an expansive wrap-around balcony with impact glass and electric storm shutters, offering covered outdoor living space and breathtaking views of the ocean, cityscape with gorgeous island views, and sunsets. A built-in grill makes alfresco dining a pleasure. Inside, the residence boasts elegant hardwood flooring and crown molding throughout. The open concept living and dining area is ideal for entertaining, with direct access to the lanai through sliding doors and a cozy fireplace framing the incredible ocean views. A dry bar with custom shelving adds convenience and style. The kitchen is beautifully appointed with recessed lighting, wooden shaker-style cabinets, tile flooring, a breakfast counter, built-in desk area, and stainless-steel appliances, including a French door refrigerator, range with warming drawer, dishwasher and microwave. A window above the kitchen sink offers a delightful view, and the front-load washer and dryer provide modern convenience. The owner’s suite is a private retreat with stunning views, lanai access and two walk-in closets. The en-suite bath features a large jetted tub for ultimate relaxation. The guest bedroom is adjacent to a full bath with a walk-in shower, frameless glass enclosure, bench seating and floor-to-ceiling tile, offering a luxurious experience for visitors. Furnishings are negotiable, and the unit includes a private two-car garage. This exceptional penthouse is uniquely positioned with no neighboring buildings to the north, enhancing privacy and views. The Resident’s Beach next door offers events, picnic tables and the Paradise Grill, an additional perc with membership only $200 per year as of the time of this listing. Owners at the Princess del Mar enjoy a wealth of amenities, including a resort-style pool, hot tub, boardwalk to the beach, barbecue area, fitness room, library, billiards room, and tennis, pickleball and shuffleboard courts. A guest suite is also available for visitors. Conveniently between JW Marriott Beach Resort where you can enjoy the sunset celebration and Marco Island Resident’s Beach, this home offers the ideal blend of luxury, comfort and easy access to all of Marco Island’s finest coastal offerings. Enjoy the beach, yoga on the beach, fishing off the beach or relaxation. Close to the island’s popular amenities including yacht club, marinas, golf courses, executive airport, boutiques, museum, art center, parks, library and schools.
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$1,900,000
William Raveis Real Estate
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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 | $1,520,000 | $1,520,000 | $1,520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.750% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.239% | 6.849% | 7.037% |
Monthly Tax Payment | $771 | $771 | $771 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,241 | $9,859 | $13,556 |
Total Monthly Payment | $11,137 | $10,755 | $14,452 |
* 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.