This majestic 3 bedroom, 2. 5 bathroom condo offers up a premier Marco Island experience right on the Gulf of Mexico. Remarkable floor plan; oversized wraparound lanai, pristine Island afternoon sunshine. A welcoming foyer graces the entrance of the home, with a half bathroom and shelved laundry room nearby. Updated kitchen with stainless steel appliances, stunning white cabinets and beautiful granite countertops. Luxurious living room provides plentiful space and luminous natural lighting with views of nightly sunsets. Primary bedroom includes access to the lanai and a primary bathroom with double vanities, walk-in shower, and a bidet. Guest bedrooms split from the primary with nearby guest bathroom that also features double vanities and a tub shower. Durable porcelain tile throughout, carpet in bedrooms only. A/C September 2023 and hot water heater 2018. Additional storage included on the first level. Caxambas Tower amenities include a pool with spa, pickleball/tennis, exercise room; social room with kitchen, and a pier overlooking the Ten Thousand Islands. The building has undergone a structural engineering inspection; many recent updates and additions are in process, assessments fully paid by seller, detailed list attached to MLS. The term ''Caxambas'' is integral to Marco's history; have a look at exquisite South end Island condo living. Maintenance fee stated reflects the 2024 budget, the fee includes some capital improvement that will be completed in year 2024.
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$959,000
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 | $767,200 | $767,200 | $767,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.877% | 7.014% | 7.041% |
Monthly Tax Payment | $540 | $540 | $540 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,234 | $5,040 | $6,842 |
Total Monthly Payment | $5,866 | $5,672 | $7,474 |
* 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.