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Stunning sunsets and close to Marco Island Beach, shops & restaurants. This home offers 4 spacious bedrooms and an office on a massive, oversized lot with 120' of water frontage and a 130' deep lot. Incredible outdoor space with gorgeous southern water views. New seawall and access to the Gulf under the Smokehouse Bay, which has the highest clearance on Marco Island, accommodating larger boats. The home sits with an impressive 11' plus first floor elevation, featuring a first floor Primary Suite, 2 bedrooms, first floor office, an upper level with a multi use large room/bedroom/office plus an additional bedroom with a sunset balcony to enhance the views on this well laid out oversized lot (. 36 Acre). New whole house generator, surround sound throughout, plus a large lanai with pavers that offers an ample space for relaxing and entertaining. This is a one-of-a-kind waterfront property ideally located for Marco Island living and an attractive rental program opportunity. Multiple features add to this ideal island home's value: new seawall, southern exposure, oversized lot, high elevation, and so close to the beach and restaurants!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,500,000
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 | $2,000,000 | $2,000,000 | $2,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.637% | 6.540% |
Monthly Tax Payment | $1,342 | $1,342 | $1,342 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,152 | $12,641 | $17,285 |
Total Monthly Payment | $13,619 | $14,108 | $18,752 |
* 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.