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An extraordinary opportunity awaits with this direct Gulf-access lot, offering one of the best values in all of Marco Island’s prestigious estates areas. This oversized 0. 43-acre homesite boasts 125 feet of water frontage, providing the perfect setting to design and build a custom luxury residence in one of the island’s most sought-after locations. This prime location offers both privacy and prestige as it's tucked away on a quiet cul-de-sac street and surrounded by stunning multi-million-dollar mansions. Ideally positioned on the desirable south end of the island, you’re just one mile from pristine beaches, as well as exceptional dining and shopping. For boating enthusiasts, this location is truly unmatched—enjoy a quick, 10-minute direct-access ride through Roberts Bay to the Gulf, leading to secluded beaches and the world-class fishing of the Ten Thousand Islands. Whether you envision a coastal modern retreat or a timeless old style Florida estate, this property offers the scale & opportunity to bring your vision to life. The existing original built residence presents an added advantage, offering the possibility of generating rental income while you plan and build your dream home. Opportunities like this are rare. Offered at lot value, this property represents an exceptional chance to secure a premier location and create a one-of-a-kind waterfront estate tailored to your lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,250,000
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 | $1,800,000 | $1,800,000 | $1,800,000 |
| 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 | 6.312% | 6.235% | 6.164% |
| Monthly Tax Payment | $1,557 | $1,557 | $1,557 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,648 | $10,937 | $15,189 |
| Total Monthly Payment | $12,330 | $12,619 | $16,871 |
* 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.