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Nestled on the pristine shores of Marco Island, this beachfront penthouse epitomizes unique coastal living. Just reduced, this sprawling 5, 428 sf residence is a sanctuary boasting breathtaking views of the Gulf of Mexico from its 3 southwest exposure balconies! The interior is bathed in natural light, it has all new impact windows & sliders, & is accentuated by skylights creating an inviting ambiance throughout. This sprawling residence has both a living room & a family room, and it has been cherished by only one owner. It features five bedrooms, 4-1/2 baths & an office, providing ample space for relaxation, work & entertaining. The wine storage adds a touch of sophistication, too. This front unit, with 180 degree Gulf views, is situated in a peaceful & low-density building at the south end of the island, where tranquility permeates every corner. Whether enjoying a quiet evening in or hosting gatherings with loved ones, this beachfront penthouse offers the epitome of coastal elegance, blending comfort & sophistication seamlessly against the backdrop of spectacular Gulf views & watercolor sunsets. Two undercover parking spaces are included plus building amenities: heated pool & spa, social, fitness & card rooms, grill area, tennis/pickleball courts, & on-site Manager. Some photos are virtually staged.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,420,000
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 | $2,736,000 | $2,736,000 | $2,736,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 6.989% | 6.850% |
Monthly Tax Payment | $831 | $831 | $831 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,433 | $17,974 | $24,022 |
Total Monthly Payment | $19,389 | $18,930 | $24,978 |
* 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.