Experience some of the finest yachting life that Marco Island has to offer here at the gorgeous Marina on Factory Bay. This large 107 ft T-head slip has plenty of water at both high & low tides for a deeper draft vessel which also allows for the option to put your larger boat & tender together here. This T-Head on the tip of A-dock offers quick direct access to the Gulf of Mexico & is in close proximity to fuel located just to the South at Rose Marina. It has 1-100 amp & 2-50 amp shore power connections, water, wifi, pump-out services, a dock box and security via cameras 24/7, plus a dock master onsite daily. Grocery stores, West Marine, shopping, both tiki hut & fine dining are all in walking distance, so provisioning & getting around the island is quick & easy. The Gulf is just around the river bend and is approximately a 7-10 minute boat ride out to some of the best fishing and beaching SWFL has to offer. The Marina at Factory Bay is located on a submerged land lease, so this is an exclusive right-to-use slip and your quarterly fees pay the annual lease fees, plus include your water usage. Electric is metered separately. The marina consists of Bellingham concrete floating docks and there is a new composite decking board walk in place. The clubhouse has bathrooms, showers, washer & dryers, ice, a barbecue, tv & charts of various locations. Rarely does a slip of this size become available in all of Collier County, so if you would like to own one of the largest boat slips on the West Coast of FL in a premier cruising destination, now is your opportunity!
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Our Executive Mortgage Banker:
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$1,195,000
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 | $956,000 | $956,000 | $956,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.333% | 6.876% | 6.936% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,201 | $6,201 | $8,460 |
Total Monthly Payment | $6,326 | $6,326 | $8,585 |
* 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.