Stunning views!!! Lanai sports southeast views over the of Caxambas Pass and the 10, 000 Islands. Common boat docks and fishing pier accommodates avid water enthusiasts. Start your day with sunrise on the screened lanai taking in the beautiful bay and island views. This penthouse level, top floor 2 bed 2 bath condo has a large screened lanai to enjoy. Waters Edge offers a laid-back boating lifestyle that is unsurpassed. Close proximity to South Marco Beach access and next door to Caxambas boat launch. Enjoy the on-site amenities: waterfront heated community pool and chickee hut with grills. Tennis and Pickle-ball courts. Newer larger (assigned with manager approval and application) dock slips (no lifts), kayak rack and fishing pier. Pets allowed with size limits. Invest your days at the fine beaches of Marco Island, fun exploring the 10, 000 Islands, enjoy fine dining and everything Marco Island has to offer. Act now to secure your piece of Marco Island paradise!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$779,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $623,200 | $623,200 | $623,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $407 | $407 | $407 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,146 | $4,094 | $5,256 |
Total Monthly Payment | $4,645 | $4,593 | $5,755 |
* 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.