908 Panama CT, Marco Island, FL, 34145 | $2,675,000

Beach, boating and direct Gulf Access! 3 blocks to Marco Island's white sand beach, boat dock in your back yard and minutes to direct Gulf access! It doesn't get any better! Absolutely stunning condominium in low density building in the south end of Marco. Only seven units in this building and this is the only unit on the fifth floor. Over 3, 000 square feet under air with total of over 4, 600 square feet. This condominium lives like a home without the maintenance of a single-family home. Lanai in front with spectacular sunrises and huge rear lanai with sunsets. Private elevator to unit, opens to beautiful foyer with marble flooring throughout. Three bedrooms, three full baths and one-half bath plus den each with their own lanai. Huge great room for incredible entertaining and a dining area. Expansive eat-in kitchen with granite countertops, and breakfast bar opens to rear lanai with built-in grill and outdoor kitchen. Professionally and beautifully decorated. Incredible garage with two parking spots. Complete with covered boat dock and lift for a 20-30-foot vessel minutes to open Gulf waters with no bridges! Enjoy this stunning, very private condo with Marco Island living at its finest!
Some photos are digitally staged.

Features

  • Building Design: Mid Rise (4-7)
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 1
  • Amenities: Bike Storage,Extra Storage,Sidewalk,Streetlight
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Complex: MARCO ISLAND
  • Development: MARCO ISLAND
  • Year Built: 2009
  • Approx Sq. Feet: 3,242
  • Est. Taxes: $11,998
  • Condo Fee: $2,265 Monthly
  • Lot Desc: Other
  • View: Canal,Partial Gulf,Pool/Club
  • Community Type: Boating
  • Water Front: Yes
  • Boat Access: Boat Canopy/Cover,Boat Dock Private,Boat Lift,Dock Deeded,Elec Avail at dock
  • Elem. School: TOMMIE BARFIELD
  • Middle School: MARCO ISLAND CHARTER MIDDLE
  • High School: MARCO ISLAND ACADEMY
  • Pet Policy: Not Allowed
  • MLS#: 224060265
  • Website: https://www.raveis.com
    /prop/224060265/908panamact_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 Premier Sotheby's International Realty

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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908 Panama CT, Marco Island, FL, 34145

$2,675,000

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 $2,140,000 $2,140,000 $2,140,000
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 $1,000 $1,000 $1,000
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,703 $13,880 $18,789
Total Monthly Payment $14,828 $15,005 $19,914

* 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.