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Welcome to Grand Bay Condominiums, located in the heart of Olde Marco! Available NOW Unit #307 offers stunning panoramic water views over Factory Bay and a prime location on Marco Island's north end. This 2-bedroom, 2-bath condo features an open-concept layout filled with natural light, 180 degree views, an oversized lanai perfect for enjoying sunrises, and marine life, and the option to own or rent a boat slip with direct water access. Inside, the condo boasts low-maintenance ceramic tile flooring, MASTERFULLY CRAFTED BATHROOMS, a spacious kitchen with eat-in and bar-top seating, and a master suite with bay-view windows and private lanai access. Convenience is enhanced with ramp access and assigned covered parking, private community. Grand Bay amenities include a clubhouse, pool, tennis/pickleball court, propane grills, bike racks, kayak storage, and individual storage units. Recent updates like a new roof (2021), Dock Improvements, and lush landscaping add to the appeal. Situated on the north tip of Marco Island, this prime location places you near iconic attractions like the Marco Princess and Key West Express, as well as the best seat in town for the annual Marco Island Christmas Boat Parade—right from your lanai! Enjoy the convenience of nearby shopping at Publix, CVS, and local boutiques, or indulge in a variety of dining options, from waterfront favorites like Snook Inn, Dolphin Tiki Bar, CJ’s on the Bay, 844, to casual spots like the Speakeasy of Marco, or Paddy Murphys. Boaters paradise! Located next door to Grand Bay the famous Rose Marina offers Dockage & Storage w/ 109 wet slips (fixed and floating) and 600 linear feet of face dock for transient/long-term docking, including Wi-Fi, water, and power. Now offering Boat Rentals & Charters: A fleet of 18 rental boats and, on-site, a large fishing/sightseeing charter fleet. Rose Marina is your one stop shop for Gear & Supplies. A 6, 000 sq ft store offering bait, tackle, ice, and apparel. World class Service & Maintenance! Certified technicians for Yamaha and Mercury outboards, plus a 75-ton travel lift. Rose Marina features the Captain's Cabana, which provides restrooms, showers, and laundry facilities for guests, and Fuel Dock w/ High-flow diesel and non-ethanol gas available. Boating from Marco Island’s Factory Bay provides seamless access to both the Gulf of Mexico and serene mangrove estuaries. The bay’s sheltered geography ensures exceptionally calm conditions to transition you to the faster pace of the Big Marco Pass or Marco River. Whether you’re savoring the sights of sailboats gliding by or exploring local hot spots, Grand Bay #307 offers the perfect blend of relaxation and adventure for any lifestyle!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$695,000
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 | $556,000 | $556,000 | $556,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $440 | $440 | $440 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,423 | $3,511 | $4,617 |
| Total Monthly Payment | $3,955 | $4,043 | $5,149 |
* 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.