Perched majestically overlooking the picturesque Caxambas Pass, this condo at Waters Edge, a gated community at the Southend of Marco Island, offers the breathtaking beauty of the 10, 000 islands and the boating lifestyle. This top-floor 2-bedroom, 2-bathroom residence offers an abundance of natural light, spacious interiors, gentle breezes and captivating water vistas from a sprawling 33 ft. screened lanai with automatic shutters.
The open-concept design seamlessly integrates the living, dining, and kitchen areas, with breakfast nook, complemented by an alcove that serves as a versatile flex space, catering to modern living needs. The ensuite primary bedroom affords a walk-in closet and dressing area while the second split bedroom boasts enchanting water views while both offer direct lanai access. Laundry closet and pantry round out the plentiful storage, along with an exterior locked storage closet located adjacent to the unit.
Residents are treated to a host of amenities, including kayak storage, tennis court, pickleball, a grill area with a chickee hut overlooking the water, and a heated waterfront pool complete with bathrooms and outdoor showers for added convenience. Available wet dock slips for up to 33ft boat max, subject to assignment by the manager's approval process.
Moreover, new docks and a fishing pier, bike racks enhance the overall allure. Pet lovers will appreciate the pet-friendly atmosphere, within specified limits. Enjoy an assigned parking space close to the elevator.
Conveniently situated near Marco Beach, this exceptional property offers the epitome of coastal living, with a harmonious blend of luxury and unparalleled natural beauty.
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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 | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.737% | 7.055% | 6.120% |
Monthly Tax Payment | $407 | $407 | $407 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,021 | $4,073 | $5,190 |
Total Monthly Payment | $4,520 | $4,572 | $5,689 |
* 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.