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This spacious 3 bedroom updated second floor condo is located at the South end of Marco Island. The location is close to beach, Caxambas park, and Marco Walk plaza. Easily accessed by either elevator or stairs. Located on Caxambas pass the building has a beautiful roof top deck with 360 views. This is a great place to settle in and read or view the sunset. This condo has two very large screened balconies, one facing West and one with a view of the pass. This condo has been beautifully updated including new kitchen and baths, appliances, flooring and shutters. The eat in kitchen offers stainless appliances, granite and newer white cabinetry. Walk in laundry room includes extra storage and a utility sink. Split bedroom floor plan affords privacy. The electric shutters can be conveniently operated from your phone app. Loads of closet space though out this condo. The primary bath has walk in shower, large vanity (plumbed for 2nd sink) plus bidet. The building has excellent amenities including available docks for very reasonable lease, guest suite for lease, social/party room, sauna, pool and spa, BBQ grill, covered parking and a very large exterior storage space. Building has completed its structural integrity study. Seawall has been replaced. This is a wonderful residential building, offering excellent location and space. Some of the best fishing and boating on the island is right here in your new backyard!
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Our Executive Mortgage Banker:
Our Insurance Division:
$740,000
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 |
|
|---|---|---|---|
| Loan Amount | $592,000 | $592,000 | $592,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.168% | 5.609% |
| Monthly Tax Payment | $430 | $430 | $430 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,361 | $3,546 | $4,798 |
| Total Monthly Payment | $3,883 | $4,068 | $5,320 |
* 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.