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You will want to see this condo located in one of the most beautiful communities on Marco Island: Riverside Club is truly a gem! It is rare that a 2 bath unit becomes available. Hurry to see it because it will not last long! The condo boasts many updates. The kitchen was refurbished in 2020, the stove, refrigerator, dishwasher, and microwave are 4 years old. The entire unit has been repainted and all new interior doors, trim and crown molding added. Both AC and water heater were replaced in 2019. Electric hurrican shutters have been added as well. The fees at Riverside Club include electricity. . . this is unheard of for condos on Marco Island. Riverside Club is a jewel of Marco Island. This one-of-a-kind gated community offers the most amazing wide-water views of the Marco River. You will have fun watching the dolphins on a daily basis as well as a variety of other beautiful species of wild life. Additionally, you can lease a boat slip for $600/year, also included is gated and locked boat trailer storage on the property. Riverside Club is within walking distance to boat and bike rentals and to the World Famous Snook Inn--Waterfront Dining and many other restaurants and shops. Rose Marina, is less than a mile away, this marina is the launch site for the Key West Express and they offer boat rentals as well. All new impact resistant windows and sliders have been installed, along with new keyless entry door, and a new lanai cage! The complex has been repainted white, with lovely shades of blue to accent the top of the buildings and the fins.
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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Our Executive Mortgage Banker:
Our Insurance Division:
$599,900
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,920 | $479,920 | $479,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.815% | 7.133% | 6.256% |
Monthly Tax Payment | $335 | $335 | $335 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,193 | $3,190 | $4,047 |
Total Monthly Payment | $3,620 | $3,617 | $4,474 |
* 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.