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Fabulous beachfront residence in the Madeira. The 3485 AC sq ft open floor plan offers a living room area over looking Marco's beautiful beachfront, family room area overlooking the city of Marco Island, three spacious bedrooms with fabulous views, 3 1/2 baths, large chefs kitchen with breakfast area and a separate dining room with gorgeous views to entertain your guests. The two very spacious covered balconies offer breathtaking views of Marco Islands white sand crescent beach and world famous sunsets, the other lets you enjoy the beautiful morning sunrises Marco has to offer. The Madeira Condominium offers an impressive list of first-class amenities which include tennis courts, pickleball courts, a fitness room, a billiards room, theater, a beachside pool with bar area, spa, BBQ grills and 2 guest suites for overflow guests. There is plenty of shopping, dining, a public theater and miniature golf nearby. To top it off, the world renown JW Marriott sits next door and offers many elegant dining options, a full service spa and a unique arcade for adults and kids to enjoy. Transferable Rookery Golf Membership available through the seller.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$4,650,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,720,000 | $3,720,000 | $3,720,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.229% | 6.007% | 5.952% |
| Monthly Tax Payment | $2,452 | $2,452 | $2,452 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $21,122 | $22,005 | $30,891 |
| Total Monthly Payment | $23,699 | $24,582 | $33,468 |
* 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.