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Great opportunity to buy an awesome waterfront residence with popular western exposure and fast water indirect access to the Gulf of Mexico! This 4 bedroom home had a major remodel in 2023 where you'll enjoy vaulted ceilings in the living areas, an open great room floor plan, a wood burning fireplace, a lower level with more square footage, several newer upgrades, a newer extra-large pool with a large shallow area (sun shelf), newer pavers all around and a walkway along the side of the home. The pool will have sunshine on it all afternoon long and you'll enjoy watercolor sunsets every evening! There is a newer paver driveway and patios, plus the home's exterior has newer stucco siding, paint and metal roof was recently painted, too. There are hurricane shutters on the west side of the residence and impact glass elsewhere. The dock has a 10, 000 lb. lift and the seawall has been reinforced with boulders, which is great for fishing! Loaded with upgrades and well-maintained, this home has everything you'll desire to fulfill your Marco Island tropical dreams!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,689,000
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 | $1,351,200 | $1,351,200 | $1,351,200 |
| 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 | 6.165% | 6.007% | 5.972% |
| Monthly Tax Payment | $922 | $922 | $922 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,672 | $7,993 | $11,221 |
| Total Monthly Payment | $8,719 | $9,040 | $12,268 |
* 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.