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Rarely available and completely renovated, this bright corner three-bedroom residence offers the ideal South End Marco Island location just two blocks (. 25 miles) to the famed crescent beach! With southern exposure and quick access to the South Beach entrance, you can leave your car in the covered carport, grab your chairs and beach toys from the private storage, and be on the sand in minutes. A prime investment or second home, this property combines modern finishes with desirable amenities in one of Marco’s most convenient neighborhoods. The spacious layout features a private open lanai by the entrance, impact doors and windows, electric shutters and manual shutters, and a screened lanai for covered outdoor living. Inside, wood-look laminate tile flooring extends throughout the entire residence. The kitchen showcases white cabinetry, a tile backsplash, recessed lighting, a bar counter with seating, a window above the sink, and newer stainless steel appliances, including a range, microwave, dishwasher, and refrigerator with icemaker. An adjacent dining area opens to the living room, which flows seamlessly to the lanai. The owner’s suite features an en-suite bath with dual quartz vanities, a frameless glass walk-in shower, and a walk-in closet with shelving. Two guest bedrooms with modern ceiling fans share a bath with a shower-tub combo and glass enclosure. A newer Whirlpool washer and dryer complete the home. Perfectly positioned on the south side of the building closest to the pool, this residence places you near Marco Walk’s dining, shops, entertainment, movie theater, and mini golf. Community amenities include a heated pool bathed in all-day sun, tennis, pickleball, BBQ areas, bike storage, and elevator access. Investors will appreciate the weekly rental policy, a recent engineer’s study for peace of mind, and HOA fees that cover cable, internet, water, and public insurance. This meticulously maintained community makes island living effortless.
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Our Executive Mortgage Banker:
Our Insurance Division:
$979,000
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 | $783,200 | $783,200 | $783,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.440% | 6.110% | 5.952% |
| Monthly Tax Payment | $504 | $504 | $504 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,509 | $4,696 | $6,504 |
| Total Monthly Payment | $5,105 | $5,292 | $7,100 |
* 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.