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980 Cape Marco DR, Marco Island, FL, 34145 | $1,650,000
Recently updated, this 2-bedroom + den / 2-bath condo is located in the prestigious Monterrey at Cape Marco. It offers outstanding views of the Gulf and the 10, 000 Islands, along with a spacious and very private terrace that is perfect for outdoor living and entertaining. The condo benefits from a sunny southern exposure, allowing you to watch boats parade by and observe dolphins and manatees from the terrace. The interior features a spacious open-concept floor plan with pleasant furnishings, neutral lvt flooring throughout, plantation shutters, crown moldings, and custom mirrors. The upgraded Poggenpohl cabinetry and expanded kitchen design add to the condo's appeal. Additionally, there is an enclosed elevator foyer exclusive to the top levels, and the unit has been meticulously maintained. Situated within Cape Marco, a private gated beachfront community, this condo comes with superb amenities. Residents can enjoy club rooms, a bar, a state-of-the-art fitness center, six Har-Tru lighted tennis courts, a Gulfside pool, covered parking, extra storage, a fishing boardwalk, convenient beach access, and an active social program, among other features. This property is the perfect fit for an active Florida lifestyle.
Features
- Building Design: High Rise (8+)
- Parking: 1 Assigned
- Heating: Central Electric
- Cooling: Ceiling Fans,Central Electric
- Levels: 20
- Amenities: BBQ - Picnic,Beach Access,Bike And Jog Path,Bike Storage,Billiards,Business Center,Community Pool,Community Room,Exercise Room,Extra Storage,Internet Access,Pickleball,Play Area,Sidewalk,Streetlight,Tennis Court,Trash Chute,Vehicle Wash Area
- Rooms: 5
- Bedrooms: 2
- Baths: 2 full
- Complex: MONTERREY AT CAPE MARCO
- Development: CAPE MARCO
- Year Built: 1996
- Approx Sq. Feet: 1,978
- Est. Taxes: $11,126
- Condo Fee: $2,064 Monthly
- Lot Desc: Regular
- View: Gulf
- Community Type: Gated
- Water Front: Yes
- Elem. School: TOMMIE BARFIELD
- Middle School: MI CHARTER MIDDLE SCHOOL
- High School: MI CHARTER HIGH SCHOOL
- Pet Policy: With Approval
- MLS#: 226016378
- Website: https://www.raveis.com
/prop/226016378/980capemarcodr_marcoisland_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
980 Cape Marco DR, Marco Island, FL, 34145
$1,650,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 |
|
|---|---|---|---|
| Loan Amount | $1,320,000 | $1,320,000 | $1,320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.361% | 6.203% |
| Monthly Tax Payment | $927 | $927 | $927 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,914 | $8,127 | $11,139 |
| Total Monthly Payment | $8,966 | $9,179 | $12,191 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388