BRAND NEW FLAT TILE ROOF COMING SOON. Discover your dream escape in Paradise, whether you're seeking a new home, a vacation retreat, or a lucrative investment property. This impressive 4-bedroom, 3-bathroom residence is fully furnished and perfectly positioned just one block from the beach, directly across from the JW Marriott, and just a short distance of South Marco's vibrant hot spots.
Step inside to find soaring high-volume ceilings, a split-bedroom layout, and a chef's kitchen featuring stainless steel appliances, granite countertops, and a dual-level island bar with seating. The designated dining space is ideal for gatherings, and the large storage closets throughout the home offer ample space for all your needs. The versatile 4th bedroom could easily be transformed into a nursery, office, art studio, or gym—whatever suits your lifestyle.
The primary suite is thoughtfully placed on one side of the home for added privacy, with the remaining bedrooms on the opposite side. Nestled in a quiet cul-de-sac, this home boasts porcelain tile floors, wooden plantation shutters throughout, a centralized vacuum system, and an owner's storage closet in the garage. Recent upgrades include a new A/C unit installed in 2020 and a new pool heater in March 2022.
With its generous size and unbeatable location, this home is an ideal income-producing property, perfectly suited for the rental market. It also features a higher elevation of 11 feet and has a history of weathering storms without major damage or flooding, giving you peace of mind.
This home is ready for you to move in or to start generating rental income.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,000
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 | $1,039,200 | $1,039,200 | $1,039,200 |
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 | $900 | $900 | $900 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,654 | $6,740 | $9,124 |
Total Monthly Payment | $7,679 | $7,765 | $10,149 |
* 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.