861 Collier BLVD S, Marco Island, FL, 34145 | $984,900

C12563 Rarely available and highly desirable three-bedroom West-facing end unit with weekly rental option to supplement your income! This beautiful coastal inspired condo is bright and cheerful with an unbeatable location. Two blocks to Marco Island’s South beach entrance and 3 blocks to 9 restaurants, ice cream shop, movie theater, miniature golf, and boutique shops. Turnkey and in pristine condition, you will appreciate the attention to detail. Updated bathrooms, crown molding, new AC and water heater in 2022, in-unit laundry, Impact glass AND shutters for peace of mind. This unit has additional south-facing double windows in the dining room and third bedroom along with a rare East facing 15 X 12 front patio and a large West facing screened lanai for sunsets. Covered parking and storage unit for beach toys! Large, heated pool with all day sun! Tennis courts, pickleball, bike parking and grill area. Elevator for your convenience. HOA fees include cable, internet, water, and sewer and more! Essex is well managed, has had no storm damage or known future assessments and a strong reserve.

Features

  • Building Design: Mid Rise (4-7)
  • Parking: 1 Assigned,Covered,Driveway Paved,Guest
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 5
  • Amenities: BBQ - Picnic,Bike Storage,Community Pool,Internet Access,Pickleball,Sidewalk,Streetlight,Tennis Court,Trash Chute,Vehicle Wash Area
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Complex: ESSEX OF MARCO ISLAND
  • Development: MARCO ISLAND
  • Year Built: 1991
  • Approx Sq. Feet: 1,186
  • Est. Taxes: $4,752
  • Condo Fee: $806 Monthly
  • Lot Desc: Zero Lot Line
  • View: Landscaped Area
  • Community Type: Non-Gated
  • Elem. School: TOMMIE BARFIELD ELEMENTARY SCHOOL
  • Middle School: MANATEE MIDDLE SCHOOL
  • High School: LELY HIGH SCHOOL
  • Pet Policy: Not Allowed
  • MLS#: 223081853
  • Website: https://www.raveis.com
    /prop/223081853/861collierblvds_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 John R Wood Properties

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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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861 Collier BLVD S, Marco Island, FL, 34145

$984,900

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $787,920 $787,920 $787,920
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 $396 $396 $396
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,375 $5,176 $7,027
Total Monthly Payment $5,863 $5,664 $7,515

* 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.