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Seize the extraordinary opportunity to craft your dream home on this expansive homesite, spanning over half an acre in the prestigious, gated Key Marco community. This oversized lot offers an exquisite blend of privacy and natural beauty, surrounded by vibrant preserves and the captivating Blue Hill Bay. Build up to enjoy breathtaking wide-water views and direct access to the Gulf. Boat dock and lift comes with lot. Key Marco embodies a lifestyle of luxury and leisure. Residents are treated to exceptional amenities, including a secure gated entrance, a community clubhouse with a fitness center, versatile indoor and outdoor gathering spaces, tennis and pickleball courts, a dog park, and a private marina with a deeded boat slip accommodating vessels up to 40 feet. Ideally located at Marco Island's southern tip, this property provides swift access to the Gulf of Mexico for boating, fishing, and sightseeing, free from bridge restrictions and boat height limitations. Explore miles of scenic trails perfect for biking and jogging, or relax at the private marina and fishing piers. With Key Marco's rich history and natural splendor, the community is home to diverse wildlife, such as the enchanting Roseate Spoonbill. Spanning 546 acres, with 375 acres dedicated to natural habitat, Key Marco offers only 134 homesites amid rolling terrain, rising to 45 feet above sea level, with new homes priced in the $8+ million range. Conveniently located near grocery stores, shops, restaurants, and stunning beaches, Key Marco stands as one of Florida's most exclusive, serene communities. Don't miss the chance to create your paradise in this exceptional setting—this remarkable property truly must be experienced to be fully appreciated!
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Our Executive Mortgage Banker:
Our Insurance Division:
$690,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $552,000 | $552,000 | $552,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.304% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,221 | $3,354 | $4,474 |
| Total Monthly Payment | $3,313 | $3,446 | $4,566 |
* 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.