Welcome to your Marco Island oasis! This updated one-bed, one-bath unit provides a passage to coastal paradise. Enjoy tranquil views of the sparkling bay and gulf waters from the comfort of your cozy screened lanai, the ideal place to relax and unwind. This property comes fully furnished, making it an ideal choice for those looking to effortlessly embrace island life with a seamless move-in experience. With direct gulf access, you can easily hop on a rental boat from the adjacent Rose Marina for a day of exploring the stunning waters. And when the sun sets, the Dolphin Tiki Bar Restaurant beckons, offering dining right at your doorstep. Imagine waking up to the gentle ocean breeze, starting your day with a stroll, or perhaps a game of tennis on one of the community courts. Later, cool off with a cocktail by the pool and take in the surrounding tropical views. With weekly rentals allowed, seize this opportunity to own a piece of paradise and let your property pay for itself. Conveniently located just moments from the best dining, shopping and beaches Marco Island has to offer, this condo presents the perfect vacation getaway. Don’t miss out on this fantastic opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$445,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $356,000 | $356,000 | $356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $183 | $183 | $183 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,429 | $2,398 | $3,052 |
Total Monthly Payment | $2,686 | $2,655 | $3,309 |
* 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.