1285 Blue Hill Creek DR, Marco Island, FL, 34145 | $799,900

This is one of the most beautiful lots remaining in the prestigious Key Marco neighborhood overlooking Barfield Bay and the spectacular skyline of Marco Island. It sits high on a hill and a multi-story home will have incredible views in all directions. There is a marina just steps away with owner entitlement to a slip on a first come, first served basis making this the ideal lot for a boater. There is also a community building, tennis courts and a fitness center within the community. Key Marco is secluded, yet only minutes away from dining, shopping and the white sand beaches. Explore the direct water access to the Gulf and enjoy the magnificent Ten Thousand Islands. Key Marco is a gated community of 546 acres with 375 acres of natural preserve and only 134 home sites. There are prominent shell mounds preserved on the island, with Indian Mound as one of the island's archaeological highlights. Captain John T. Horr built his two story vacation retreat on this former pineapple plantation and the remains of his home are preserved as an historic landmark. Seller Financing possible with 50% down and 6% interest!

Features

  • Frontage: 115
  • Lot Desc: Oversize
  • View: Mangroves,Partial Bay,Partial Gulf
  • Community Type: Gated
  • Water Front: Yes
  • Boat Access: Dock Lease
  • MLS#: 223002363
  • Website: https://www.raveis.com
    /prop/223002363/1285bluehillcreekdr_marcoisland_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Downing Frye Realty Inc.

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1285 Blue Hill Creek DR, Marco Island, FL, 34145

$799,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $639,920 $639,920 $639,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.171% 6.538%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,365 $4,253 $5,487
Total Monthly Payment $4,457 $4,345 $5,579

* 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.