With sweeping views of Caxambas Pass, this top-floor condominium in the gated Waters Edge community offers breathtaking scenery of the Ten Thousand Islands and an exceptional boating lifestyle. This meticulously maintained residence features two bedrooms, two baths, and an assigned parking space conveniently located near the elevator. With lanai access from every room, the condominium seamlessly blends indoor and outdoor living, allowing you to soak in the stunning scenery from all angles. The large, covered lanai features a screened enclosure, tile flooring and electric shutters, creating the perfect space to enjoy morning coffee or evening relaxation while taking in the serene views. Inside, the kitchen boasts white shaker-style cabinets, recessed lighting, and a tray ceiling accented with rope lighting. Appliances include a range, microwave, refrigerator/freezer and dishwasher, while the adjacent dining area, complete with a custom mirror, provides direct access to the lanai. The spacious living room features glass sliders opening to the lanai and an adjacent flex space alcove with a built-in hutch and desk, perfect for a home office or additional seating area. The owner’s suite is a private retreat, offering a walk-in closet and an updated en-suite bath with a double sink vanity, full-width mirrors, and a walk-in shower with a frameless glass enclosure, tiled floor-to-ceiling. The guest bedroom, with partial water views, is located next to a beautifully updated full bath featuring a walk-in shower with a frameless glass enclosure, built-in bench, and accent tile. Additional conveniences include a laundry area with shelving, a GE top-load washer, and a front-load dryer. Waters Edge offers exceptional amenities, including kayak storage, tennis and pickleball courts, a grill area with a chickee hut, and a heated waterfront pool with baths and outdoor showers. Boating enthusiasts will appreciate the availability of wet dock slips for boats up to 33 feet, subject to the manager’s approval. Updated docks, a fishing pier and bike racks enhance the community's appeal. Pet-friendly policies, proximity to Marco Beach and the natural beauty of the area make this an exceptional opportunity to experience the best of coastal living.
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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 | $607,200 | $607,200 | $607,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.153% | 7.159% | 6.276% |
Monthly Tax Payment | $407 | $407 | $407 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,938 | $4,036 | $5,121 |
Total Monthly Payment | $4,437 | $4,535 | $5,620 |
* 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.