Location, location, location! This 3-bedroom, 2 ½ bath home is walking distance to the beach entrance (. 7 miles), with a 5-minute, easy-out to the gulf by boat. Located on a highly desirable street, this home has fantastic curb appeal with lush landscaping- 4 beautiful royal palms and other palm, coconut, lime, lemon, and avocado trees on an oversized lot. Hedges and flowering bougainvillea bushes on both sides provide lots of privacy. Step inside to high ceilings, ceiling lighting, fans, plantation shutters in each room, an open living and dining room that is great for entertaining, with floor to ceiling hurricane proof windows, French doors, and sliders and tile throughout the house. Check out the updated kitchen with 42-in wood cabinets, stainless appliances, including a double oven and farm sink, breakfast bar seating, and a perfect breakfast nook with a view of the water. The primary suite is quite the treat, secluded at the back of the home with tray ceiling, private lanai access, dual custom, walk-in closets, double sinks, a jet soaking tub, and a separate double, walk-in shower. The living area surrounds the screened lanai with views of the water and a heated pool with its own rock waterfall. Open all the sliders and doors and enjoy Marco Island living! The oversized, air-conditioned, three car garage has overhead storage, a second refrigerator, hurricane-proof garage doors, and two carpenter's benches for your hobbies and tinkering. This is truly a home to entertain guests and relax, boating, cycling, jet skiing, fishing, and walks on the beach to catch the sunset will become your daily routine. Restaurants, movie theatre, ice-cream shops, and several of the islands' favorite happy hour spots are within walking distance, as well.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,799,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,439,200 | $1,439,200 | $1,439,200 |
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 | $363 | $363 | $363 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,215 | $9,215 | $12,636 |
Total Monthly Payment | $9,703 | $9,703 | $13,124 |
* 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.