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Immerse yourself in the epitome of coastal contemporary living with this exquisite two-story custom-built home, offering four bedrooms, four baths and a den. On a picturesque lot with stunning converging wide water views, this residence is a haven for the boating enthusiast, providing easy access to the Gulf of Mexico with the raised Smokehouse Bridge and on a tranquil cul-de-sac. A spacious open great room with soaring high ceilings, seamlessly blending into a gourmet kitchen. This culinary masterpiece features an island, breakfast bar, custom cabinetry, top-of-the-line Thermador appliances, a six-burner gas range and a separate dining area. The primary suite retreat, on the first floor, offers ultimate comfort and luxury. Additional guest bedrooms on the second floor include a loft, a wet bar and a private balcony, providing a getaway for visitors. The expansive open lanai with a pool, spa, summer kitchen, sun deck and gas fireplace are ideal for entertainment and relaxation, allowing you to indulge in sparkling wide water views. This home is equipped with impact windows and doors, electric shutters for the covered lanai, rolldown screens, generator and propane tank. A new seawall was completed in April 2024, ensuring peace of mind and longevity. Convenient to all Marco Island has to offer, this residence boasts an estimated completion date of November/December 2025, promising a modern, luxurious lifestyle in a great location.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,200,000
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 | $4,160,000 | $4,160,000 | $4,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.813% | 6.739% | 6.581% |
Monthly Tax Payment | $1,025 | $1,025 | $1,025 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,614 | $26,637 | $35,953 |
Total Monthly Payment | $26,763 | $27,786 | $37,102 |
* 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.