788 Milan CT, Marco Island, FL, 34145 | $1,849,000

Whether you are looking for an investment property or a place to call home, this beautifully remodeled three-bedroom, two-bath single-family pool home offers low insurance rates and excellent rental potential. Along a tranquil canal with quick gulf access, this stunning residence was completely transformed in 2023, offering a serene water view, a private boat dock with a lift and a wealth of modern amenities. The exterior features a new storm-rated metal roof, impact windows and doors, and a refreshed driveway, walkway and stairs, all complemented by lush new landscaping. The expansive lanai, with its rescreened and freshly painted enclosure, boasts new tile flooring, a covered outdoor living space and an additional seating area by the water, ideal for entertaining or relaxing by the pool. The pool itself has been upgraded with a modern sports depth, a new heater and chiller with a Jandy remote system, built-in benches and a PebbleTec surface. Inside, this turnkey furnished home shines with new wood-like tile flooring, vaulted ceilings and abundant natural light. Every detail has been meticulously updated, including new paint inside and out, new lighting, ceiling fans and custom Hunter Douglas blinds throughout. The all-new kitchen is a chef's delight, featuring sleek white cabinets, quartz countertops, an island with seating and storage, and new LG stainless steel appliances. The family room seamlessly opens to the lanai through glass sliders, offering captivating water views. The formal dining area is enhanced by a new built-in buffet cabinet, ideal for hosting gatherings. The owner’s suite provides lanai access and a luxurious en-suite bath with a dual vanity, walk-in shower and custom walk-in closet. The two guest bedrooms share a beautifully appointed full bath with a shower-tub combo tiled from floor to ceiling. The laundry area includes a Whirlpool top-load washer and front-load dryer, with additional shelving for storage. The two-car garage is equipped with a Proslat storage system and new epoxy flooring. With its high elevation, this home offers practicality and luxury, including transferable flood insurance. Ideally near Residency Beach and the Esplanade, it provides easy access to all of Marco Island’s premier amenities, from pristine beaches to gourmet dining and shopping. This home is a rare gem, ideally positioned to enjoy the best of coastal Florida living.

Features

  • Amenities: None
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Style: 1 Story/Ranch
  • Development: MARCO ISLAND
  • Year Built: 1999
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Approx Sq. Feet: 1,750
  • Acreage: 0.2
  • Est. Taxes: $11,334
  • Lot Desc: Regular
  • View: Canal,Water
  • Community Type: Non-Gated
  • Water Front: Yes
  • Boat Access: Boat Dock Private,Boat Lift,Elec Avail at dock
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224071336
  • Website: https://www.raveis.com
    /eprop/224071336/788milanct_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

Our Executive Mortgage Banker:

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788 Milan CT, Marco Island, FL, 34145

$1,849,000

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 $1,479,200 $1,479,200 $1,479,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 6.246% 6.201%
Monthly Tax Payment $945 $945 $945
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,988 $8,988 $12,482
Total Monthly Payment $10,057 $10,057 $13,551

* 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.