580 S Heathwood DR, Marco Island, FL, 34145 | $8,500,000

Introducing a grand-scale luxury waterfront estate which has been meticulously hand-crafted by a master artisan from the custom cabinetry and finely carved wood features to the elegant box beam ceilings, showcasing an unparalleled level of artistry. The outdoors features direct water access spanning a 141' waterfront with 2004 seawall, expansive bay views and stunning nightly sunsets. As you enter a double-story foyer and formal living room, you'll be captivated by the soaring volume ceilings and 2 story marble fireplace. This fully furnished home is adorned with chandeliers, adding grandeur. The chefs dine-in dream kitchen showcases a marble and tumbled stone backsplash, hidden designer appliances, an enormous island, custom raised cabinetry, butler's pantry and hidden walk-in pantry. Open to a large family room with built-in entertainment center where corner sliders open to bay view sunsets from the lanai and pool. The main residence showcases marble inlaid flooring, wood floors, and opulent carpeting. You will enjoy the intricate decorative ceilings, custom wine room, and a gorgeous wood inset library, reminiscent of a fine dark wood pub. An impressive home theater adjacent to the family room exudes luxury through a carved wood walls and ceiling. The ground level master suite features a good morning room and kitchen, designer carpeting overlooking the pool and bay. The luxurious master bath features a vanity dressing area, spa tub, custom walk-through shower with 9 sprays, plus his and hers walk-in closets and water closets. Head upstairs in your private elevator where two spacious split en-suite bedrooms enjoy private balconies with full bay views, with a billiards room for relaxation and entertainment. The lanai and outdoor areas feature a waterfall fountain feeding the spectacular infinity pool with attached waterfall spa, plus a pool bath and a full outdoor summer kitchen with cook-top and bar. This estate includes a 210 sf en-suite guest house with exotic bath and kitchenette off the lanai. The dock accommodates a large yacht, with a 30, 000 lb lift and offers direct Gulf access only a 10-minute putt to open water. Recent updates include 140 MPH rated Re-Roof (2018) and A/C installation (2020). New pool heater and pumps (2023), sewer lines (2020) and $25k worth of landscaping (2024) replacing sod, shrubs, and mango, lemon and lime trees. This grand estate has hidden linear A/C, whole house Sonos sound, custom lighting controls and remote monitoring security. Additional features include a whole house 24k generator, impact windows and 500-gallon propane tank providing gas to kitchen, fireplace, grill and generator. The oversized three-car garage features epoxy flooring and floating cabinets. Conveniently located near the island's award-winning beaches, this home boasts panoramic southwestern bay views with spectacular nightly sunsets and direct access to the Gulf of Mexico, ensuring an extraordinary Florida luxury lifestyle in every way.

Features

  • Amenities: None
  • Rooms: 12
  • Bedrooms: 4
  • Baths: 4 full / 4 half
  • Style: 2 Story,Multi-Story Home
  • Development: MARCO ISLAND
  • Year Built: 2008
  • Garage: 3-car Attached
  • Heating: Central Electric,Zoned
  • Cooling: Ceiling Fans,Central Electric,Zoned
  • Approx Sq. Feet: 5,694
  • Acreage: 0.49
  • Est. Taxes: $39,549
  • Lot Desc: Oversize
  • View: Bay,Water
  • Community Type: No Subdivision
  • Water Front: Yes
  • Boat Access: Boat Dock Private,Boat Lift,Dock Deeded,Elec Avail at dock,Water Avail at Dock
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224067385
  • Website: https://www.raveis.com
    /eprop/224067385/580sheathwooddr_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 RE/MAX Affinity Plus

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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:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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  • Provides a guaranteed closing date that meets your needs
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Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

580 S Heathwood DR, Marco Island, FL, 34145

$8,500,000

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 $6,800,000 $6,800,000 $6,800,000
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 $3,296 $3,296 $3,296
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $43,541 $44,105 $59,704
Total Monthly Payment $46,962 $47,526 $63,125

* 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.