970 CAPE MARCO DRIVE, #PH2506, Marco Island, FL, 34145 | $10,500,000

The Epitome of Luxury Living with 360-degree views of Marco Island and the Gulf of Mexico! Jaw dropping views from every room. This stunning Penthouse on the top floor of the Belize building, encompasses half of the building at Cape Marco! This never lived in Penthouse boats 13, 528 SF, with a total of 16, 893 Total SF! This absolute one of kind residence is sure to bring your most discerning buyer anything they want and more. Enter into this breathtaking unit through a private elevator with alabaster, granite and Crema Marfil marble inlay entrance to greet you. The Grand Salon is graced with wall to ceiling windows with unsurpassed Gulf of Mexico and white sand beach views! The floor to ceiling grand fireplace is the focal point aside from the views, made of marble, alabaster and glass tile! This Penthouse boasts 6 bedrooms, 6 full baths 2 half baths, plus an office, media room, maids' quarters and library, all with 6 terraces for incredible 25th floor views! The master suite has a cedar closet, sauna and sensational beach terrace with Gazebo! Bring the whole family as there is room for everyone! Located in beautiful Cape Marco. No expenses spared in this one of kind, exclusive residence! Complete with private 2 car air-conditioned garage! Enjoy the lifestyle you deserve with world class amenities!

Features

  • Parking: Attached, Garage Door Opener, Private
  • Heating: Electric, 2 or More Systems
  • Cooling: 2 or More Systems, Ceiling Fan(s), Central Air
  • Levels: 25
  • Amenities: Elevator(s), Barbecue, Bike Path, Bike Storage, Fitness Center, Guest Suite, Jogging Path, Library, Pier, Pool, Sauna, Tennis Court(s), See Remarks, Spa/Hot TubCommunity Pool
  • Rooms: 4
  • Bedrooms: 6
  • Baths: 6 full / 2 half
  • Complex: Belize At Cape Marco A Condo
  • Year Built: 2004
  • Approx Sq. Feet: 13,528
  • Est. Taxes: $76,603
  • Lot Desc: See Remarks
  • View: Beach, Gulf, Long Water, Wide Water
  • Water Front: Yes
  • Pets Allowed: With Approval
  • Pet Policy: 1 dog 25lbs or less, none for renters
  • Appliances: Built-In Gas Oven, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator With Ice Maker, Washer, Wine Cooler
  • MLS#: 2220761
  • Days on Market: 804 days
  • Website: https://www.raveis.com
    /prop/2220761/970capemarcodrive_marcoisland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Marco Island Area Association of REALTORS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing courtesy of Premier Sotheby's International Realty   Phone: 239-642-2222

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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

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970 CAPE MARCO DRIVE, #PH2506, Marco Island, FL, 34145

$10,500,000

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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $8,400,000 $8,400,000 $8,400,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.826% 6.936%
Monthly Tax Payment $6,384 $6,384 $6,384
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $54,482 $54,482 $74,332
Total Monthly Payment $60,991 $60,991 $80,841

* 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.