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Nestled within a popular water indirect neighborhood, this upcoming residence boasts an enviable location & is set against the backdrop of a newly constructed seawall. This brand new residence is scheduled to be completed in Fall 2025 & is built by FCI Homes. The St. Bart's great room model epitomizes luxury living & features four bedrooms, three & a half baths, an office, and an array of upgraded built-in appliances, radiating modern elegance. The office could be used as a 5th bedroom. The expansive kitchen island invites culinary adventures, complemented by 10-foot sliding glass doors that flood the great room with natural light. Throughout the neutral hues create a serene ambiance, while outdoor amenities such as an inviting pool, spa, & outdoor kitchen beckon for entertainment. A paver driveway adds to the home's curb appeal, while a pool cage with extra-wide picture window openings seamlessly blends indoor & outdoor living. For fishing enthusiasts, boating towards the south end of Marco Island into the Ten Thousand Islands is a top choice, offering exceptional backwater fishing, or venture out into the Gulf to enjoy great open-water fishing. The home was also built to an 11 foot elevation! With its myriad offerings, this property presents an exceptional opportunity to embrace the tropical lifestyle synonymous with Marco Island!
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Our Executive Mortgage Banker:
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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 | $2,279,200 | $2,279,200 | $2,279,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.764% | 6.666% |
Monthly Tax Payment | $608 | $608 | $608 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,033 | $14,594 | $19,854 |
Total Monthly Payment | $14,766 | $15,327 | $20,587 |
* 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.