1509 Biscayne WAY, Marco Island, FL, 34145 | $949,000

Discover your dream oasis in this beautifully updated 4-bedroom, 2-bath home situated on an oversized 1/3 acre lot in Marco Island. The outdoor space is a private paradise featuring a custom-designed saltwater pool with a sun shelf, built by Nassau Pools, complete with a new electric pool heater. An outdoor kitchen and 10 different fruit trees, including two types of avocados and other tropical varieties, make this serene setting perfect for entertaining or relaxing. Inside, the completely updated kitchen shines with granite countertops, custom-designed cabinets, stainless steel appliances, and a custom pantry with glass doors. The spacious master suite offers a large walk-in closet and master bath with a large walk-in shower. Largest guest bedroom features an en-suite bath with a walk-in closet. Enjoy additional features such as tile flooring throughout, a built-in bar with a wine cooler, storm shutters for all windows and sliders, and a whole-house generator with 500 gal propane tank for peace of mind. The roof was replaced in 2019, ensuring a worry-free living experience. With its blend of luxury, privacy, and functionality, this home is a true gem in Marco Island!

Features

  • Amenities: None
  • Rooms: 3
  • Bedrooms: 4
  • Baths: 2 full
  • Style: 1 Story/Ranch
  • Development: MARCO ISLAND
  • Year Built: 1987
  • Garage: 1-car Attached
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Approx Sq. Feet: 2,042
  • Acreage: 0.32
  • Est. Taxes: $3,625
  • Lot Desc: Irregular Shape,Oversize
  • View: Landscaped Area
  • Community Type: No Subdivision
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224079462
  • Website: https://www.raveis.com
    /prop/224079462/1509biscayneway_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 John R Wood Properties

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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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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
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1509 Biscayne WAY, Marco Island, FL, 34145

$949,000

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 $759,200 $759,200 $759,200
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 $302 $302 $302
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,861 $4,924 $6,666
Total Monthly Payment $5,255 $5,318 $7,060

* 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.