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Motivated Seller! Great investment opportunity in the Marco Island Estates. Right now this is the only home available in the heart of the Estates with quick deep water direct access for under $4M! This is a must see property that offers an impressive new concrete seawall and custom diamond designed composite dock that spans across the entire 125 feet of water frontage. In addition, the boat dock features a 3 jet ski/kayak platform lift and a 10, 000 lb. boat lift with a waterway canopy for safe protected harbor. Short distance to the Gulf, less than 500 feet to open water. This beautiful remodeled 4 bedroom and 4. 5 Bath home offers a private elevator and each bedroom has it's own ensuite bathroom. Additionally, the property boasts a new garage addition (2022) enhancing it to a 5 car garage to store your car collection. This move in ready property has new hurricane impact doors, windows, and sliders (2024), new kitchen remodel (2022) that includes a new gas island cooktop, quartz countertops, custom cabinetry, new backsplash, double bowl enameled cast iron kitchen sink w/ a Kohler Artifacts pull down faucet, new ice maker, beverage and wine cooler, and a reverse osmosis drinking water system. Take in your mornings at the breakfast counter or relax in the family room with a rare coral faced fireplace with new remote controlled vented gas logs. There is also an elegant formal dining area to entertain guests, and separate living room with a media center, along with impact sliding glass pocket doors that lead to the main floor balcony to overlook the expansive screened-in lanai pool area and waterway. The upstairs primary suite has a spacious sitting area, newly installed remote controlled drop down television, new bathroom vanities, quartz countertops, new faucets, new luxury Eago Whirlpool Bath Spa, and a private screened-in balcony to sit and relax to take in the waterway views. Additional updates include two new A/C units (2023), new 1, 000 gallon buried LP tank with WIFI monitoring, freshly painted exterior (2023), wood plantation shutters throughout, new closet doors, new landscape lighting, new pool equipment (2022), Wi-Fi-enabled garage doors, security system, and the home is prepped for a generator. This property sits on an Estates half acre lot size, and displays a luxurious circular brick paver driveway and travertine pavers throughout the lanai. Home is being sold furnished with TVs included. Don't miss this rare opportunity to be in one the most premier locations on Marco Island. Make this your new home in paradise.
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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 | $3,120,000 | $3,120,000 | $3,120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.247% | 6.183% |
| Monthly Tax Payment | $2,471 | $2,471 | $2,471 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $18,456 | $18,957 | $26,328 |
| Total Monthly Payment | $21,052 | $21,553 | $28,924 |
* 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.