870 S Collier BLVD, Marco Island, FL, 34145 | $1,995,000

Wake up to paradise in this stunning beach front luxury condo along Marco Island’s legendary South Beach. Les Falls captures the epitome of Art Deco elegance while boasting breathtaking, unobstructed, panoramic views of the Gulf of Mexico. Unit 704 offers a perfect blend of modern sophistication and coastal charm. With spacious living areas, high-end finishes, and a large private balcony to soak in every sunset from the oversized living area or master suit - this property is rarely available! Every inch of this unique condo has been thoughtfully renovated and there is nothing left to do! Freshly painted and updated in 2024, 2 brand new A/C systems in 2019, 2022 sliding doors and storm shutters and so much more. 704’s sprawling split layout affords each guest suit it’s own attached bathroom and walk-in closet. Les Falls’ is a low density building with some of the lowest HOA and management fees on Marco Beach. The building has already passed the Phase 1 Milestone Inspection and has full reserves while being diligently maintained. This modern luxury beachfront building offers resort-style amenities, direct walk-out to pristine beaches, and a vibrant community atmosphere while only minutes away the best shopping, dining, and entertainment. Make every day feel like a vacation in this exclusive waterfront retreat or, for the savvy investor, rent out this exclusive condo for approx. 15k per month - call today to schedule a private tour for this luxury beach front retreat!

Features

  • Building Design: High Rise (8+)
  • Parking: 1 Assigned,Covered,Driveway Paved,Guest,Under Bldg Closed
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 8
  • Amenities: BBQ - Picnic,Beach Access,Bike Storage,Billiards,Community Pool,Community Room,Community Spa/Hot tub,Electric Vehicle Charging,Exercise Room,Extra Storage,Internet Access,Lap Pool,Library,Pickleball,Sauna,Sidewalk,Streetlight,Tennis Court,Trash Chute,Underground Utility,Vehicle Wash Area
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 3 full
  • Complex: LES FALLS
  • Development: MARCO ISLAND
  • Year Built: 1990
  • Approx Sq. Feet: 2,340
  • Est. Taxes: $9,667
  • Condo Fee: $3,500 Quarterly
  • Lot Desc: Zero Lot Line
  • View: Gulf,Water
  • Community Type: Condo/Hotel,No Subdivision
  • Water Front: Yes
  • Elem. School: TOMMIE BARFIELD ELEMENTARY SCHOOL
  • Middle School: MANATEE MIDDLE SCHOOL
  • High School: LELY HIGH SCHOOL
  • Pet Policy: Limits
  • MLS#: 224082186
  • Website: https://www.raveis.com
    /prop/224082186/870scollierblvd_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

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870 S Collier BLVD, Marco Island, FL, 34145

$1,995,000

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 $1,596,000 $1,596,000 $1,596,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment $806 $806 $806
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,219 $10,219 $14,013
Total Monthly Payment $11,150 $11,150 $14,944

* 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.