This beautiful condo is a rarely available end unit, offering more windows providing for more natural light. featuring a newly updated kitchen makes this home all the more exquisite. When you walk through the door you will experience the panoramic views of the Big Marco River. New stackable washer and dryer are included as well. All new impact resistant windows and sliders have been installed. The complex has recently been repainted white, with lovely shades of blue to accent the top of the buildings and the fins. A new lanai cage will be installed as well. Riverside Club is a one-of-a-kind gated community on Marco Island offering some of the best of amenities for Island living. Located in quaint Olde Marco, you will enjoy watching the dolphins, boat traffic and wide water views as you relax and take in these sites right from your lanai. The most spectacular sunrises over the water and Jolly bridge will greet you in the morning as it soars over the mangroves. This alluring condo is just minutes from and offers direct access to the Gulf. It is within walking distance to boat and bike rentals, some of the best restaurants on the island and fun shopping. Amenities include, but are not limited to, waterfront pool and spa, tennis/pickle ball courts, fishing from the docks and shuffleboard. Electricity included in monthly maintenance. Boat lease available for only $600/year.
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Our Executive Mortgage Banker:
Our Insurance Division:
$549,900
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 | $439,920 | $439,920 | $439,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.439% | 6.273% | 5.268% |
Monthly Tax Payment | $287 | $287 | $287 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,745 | $2,673 | $1,829,334 |
Total Monthly Payment | $3,124 | $3,052 | $1,829,713 |
* 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.