4000 Royal Marco WAY, Marco Island, FL, 34145 | $2,695,000

Beautiful three-bedroom beachfront condominium in the Riviera at Hideaway Beach with expansive views of the Gulf of Mexico and Collier Bay. Completely refreshed flooring and paint. Custom details throughout this thoughtfully designed unit. Lanai adjacent to master bedroom, second bedroom, and living room offers breathtaking views of sunsets over the Gulf of Mexico; sunrise views over Collier Bay from the kitchen and third bedroom. The Riviera is the premier building in Hideaway Beach with beautifully appointed common areas, a fitness center and dry sauna, cards/billiards room, and the largest pool in the community. Condominium management is on-site. All special assessments will be paid by seller at closing making this the best deal in Hideaway beach!!
Hideaway Beach is an extraordinary private gated community in Marco Island and recently recognized as one of America's best clubs. Community offers an executive golf course, tennis and pickleball, bocce, and fitness center. In addition to the pool at the Riviera, the Clubhouse offers a beachfront pool and jacuzzi Clubhouse dining includes beachfront options for both formal and casual dining. Hideaway Beach members enjoy an active lifestyle, with year-round special events.

Features

  • Building Design: High Rise (8+)
  • Parking: 2+ Spaces,Electric Vehicle Charging,Golf Cart,Load Space,Under Bldg Open
  • Heating: Central Electric
  • Cooling: Air Purifier,Ceiling Fans,Central Electric
  • Levels: 1
  • Amenities: Beach - Private,Beach Access,Beach Club Available,Beach Club Included,Bike And Jog Path,Bike Storage,Billiards,Bocce Court,Business Center,Cabana,Clubhouse,Community Park,Community Pool,Community Room,Community Spa/Hot tub,Dog Park,Electric Vehicle Charging,Exercise Room,Extra Storage,Golf Course,Lap Pool,Pickleball,Private Membership,Putting Green,Restaurant,Sauna,Tennis Court,Vehicle Wash Area
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 3 full
  • Complex: ROYAL MARCO POINT
  • Development: HIDEAWAY BEACH
  • Year Built: 1996
  • Approx Sq. Feet: 4,274
  • Est. Taxes: $16,953
  • Condo Fee: $8,275 Quarterly
  • Master HOA Fee: $20,530
  • Lot Desc: Across From Beach Access,Across From Waterfront
  • View: Bay,Gulf,Gulf and Bay
  • Community Type: Gated,Golf Course,Tennis
  • Water Front: Yes
  • Elem. School: TOMMIE BARFIELD ELEMENTARY
  • Middle School: MARCO ISLAND CHARTER MIDDLE SCHOOL
  • High School: MARCO ISLAND ACADEMY
  • Pet Policy: With Approval
  • MLS#: 224021337
  • Website: https://www.raveis.com
    /prop/224021337/4000royalmarcoway_marcoisland_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Berkshire Hathaway FL Realty

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

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4000 Royal Marco WAY, Marco Island, FL, 34145

$2,695,000

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 $2,156,000 $2,156,000 $2,156,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.864% 6.810%
Monthly Tax Payment $1,413 $1,413 $1,413
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,805 $13,984 $18,930
Total Monthly Payment $15,343 $15,522 $20,468

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.