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Embark on your own journey to paradise with this idyllic slice of Marco Island! Situated on a 0. 24-acre key lot, this lot features a recently constructed seawall, laying the groundwork for your future waterfront haven. Boasting an unparalleled location, it's just a leisurely 0. 3-mile trip to beach access and conveniently close to an array of exquisite dining establishments, enabling you to fully immerse yourself in the island's relaxed ambiance. For boating enthusiasts, the open waters are a mere 15-minute jaunt away, smoothly passing beneath a 10-foot high bridge. Nestled on the largest of the Ten Thousand Islands, this locale is a haven for fishing aficionados, offering some of the globe's premier year-round angling experiences. This property presents the ideal canvas for crafting your personal sanctuary. Envision yourself savoring spectacular sunset vistas from a second-story terrace! What's more, there are no HOA/CDD fees or rental restrictions, granting you the liberty to fashion your ultimate retreat, be it a seasonal escape or a forever abode. Don't miss out on this exceptional opportunity—seize the chance to transform your island reveries into tangible reality today!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,695,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,356,000 | $1,356,000 | $1,356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 7.002% | 6.915% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,136 | $8,908 | $11,999 |
Total Monthly Payment | $9,261 | $9,033 | $12,124 |
* 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.