The ultimate paradise awaits in this unique opportunity to live in one of the most beautiful and breathtaking locations on Marco Island. Marco Island Estates home is situated on over 1. 5 acres, it includes a separate buildable waterfront lot at 821 Caxambas Dr. Each lot offers approximately 100’ of water frontage (approx. 200' water frontage combined) looking out at gorgeous views of Barfield Bay and Caxambas Bay. This two story, 4 Beds 6 Baths home features two primary bedrooms, two guest en-suites, and a spacious screened-in lanai with pool/spa. The first floor primary bedroom offers a sitting area, two walk-in closets, and a stunning luxurious bathroom. The kitchen features quartz countertops, stainless steel appliances, and an elegant dining area. Other updates include new flooring, lighting, and fixtures. New roof (2018), new storm shutters, impact windows, new electric window shades, new AC (2022), and more. Quick direct boating access to the Gulf, private boat dock/lift, and two jet ski lifts. The adjoining properties are being offered together at $14, 500, 000 or the buildable lot is available separately at $5, 000, 000 (821 Caxambas Dr. ). Immerse yourself in the natural beauty surrounding this property, making it a luxury retreat and waterfront lifestyle for generations to come.
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Our Executive Mortgage Banker:
Our Insurance Division:
$14,500,000
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 | $11,600,000 | $11,600,000 | $11,600,000 |
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 | 7.851% | 6.989% | 6.936% |
Monthly Tax Payment | $1,962 | $1,962 | $1,962 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $78,151 | $76,204 | $102,650 |
Total Monthly Payment | $80,238 | $78,291 | $104,737 |
* 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.