1154 Vernon PL, Marco Island, FL, 34145 | $2,050,000

Location, location, location! Welcome to your tropical oasis situated in one of the best spots on the island. This meticulously maintained Key West style home is located in a tucked away haven of peace and quiet overlooking a picturesque palm tree-lined canal in Olde Marco. If you love to boat, this is your ideal location; just one canal away from the open waters of the Gulf of Mexico. The private dock gives you quick, direct access to boating and fishing. The remodeled grand master suite features an ensuite bathroom with his and hers sinks, a bath tub and a large walk-in shower. Plenty of closet space, as well as a mini kitchen with a washer/dryer hookup. It also features access to the second floor screened in balcony, perfect for your morning coffee or a quiet spot to read a book. A second floor storage room, just off the loft area, has been converted into a kids sleeping space. The third floor, currently being used as a bunk room for overflow sleeping (previous owners used the space as an office), features access to the fourth floor observation deck with stunning views of the island and waterways. Many upgrades including new impact windows (2022), new roof in 2018, new pool heater and pump (2021), new 4 climate zone 5 ton smart HVAC system (2021), new hot water heater. (2021) Nestled in the serene enclave of Olde Marco, this tropical retreat is a rare gem, perfectly positioned near dining to include The Smith House, LeeBe Fish Company, and the Marco Island landmark, the one and only - Snook Inn. Additionally located near shopping, entertainment, marinas, and the pristine beaches, truly embodying the ultimate boating and beach lifestyle. Great rental potential.

Features

  • Amenities: None
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full
  • Style: Multi-Story Home
  • Development: MARCO ISLAND
  • Year Built: 1979
  • Garage: 1-car Attached
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Approx Sq. Feet: 3,982
  • Acreage: 0.24
  • Est. Taxes: $12,339
  • Lot Desc: Regular
  • View: Bay,Canal,Gulf and Bay,Water
  • Community Type: Non-Gated
  • Water Front: Yes
  • Boat Access: Dock Deeded
  • Elem. School: TOMMIE BARFIELD ELEMENTARY SCHOOL
  • Middle School: MANATEE MIDDLE SCHOOL
  • High School: LELY HIGH SCHOOL
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224089998
  • Website: https://www.raveis.com
    /eprop/224089998/1154vernonpl_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 COLDWELL BANKER 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

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1154 Vernon PL, Marco Island, FL, 34145

$2,050,000

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 $1,640,000 $1,640,000 $1,640,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.333% 6.876% 6.936%
Monthly Tax Payment $1,028 $1,028 $1,028
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,637 $10,637 $14,513
Total Monthly Payment $11,790 $11,790 $15,666

* 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.