860 Panama CT, Marco Island, FL, 34145 | $629,000

Welcome to your dream coastal retreat! This beautifully maintained ground-floor 2-bedroom, 2-bathroom condo at Vantage Point offers a rare blend of comfort, convenience, and captivating waterfront living. This unit is being offered with the deeded assignment of boat slip # 11. The construction of a brand-new seawall and 30-ft long dock for all owners will start on May 1, 2025. This well-managed project is scheduled for completion in January 2026, and will add peace of mind and long-term value to the community. Owners can add a lift to their dock suitable to their needs. Boat slip #11 is ideally positioned on the north west finger tip of the property, facing a broad body of water, with direct access to the Gulf. Whether you're a seasoned boater or new to the lifestyle, you'll love the convenience of this boat slip. Inside the unit, the spacious split floor plan offers plenty of natural light, newer kitchen appliances, and walk-in closets in both the primary and guest bedrooms. High-impact sliders and windows provide added protection. A new washer and dryer are included, and the unit features a mix of tile and carpet throughout. The lanai overlooks the bright southwest exposure, where you can enjoy gorgeous sunset skies and sightings of local wildlife, including dolphins, manatees and an array of coastal birds. Whether you're looking for a full-time home, seasonal getaway, or investment opportunity, this condo is a great find in a prime location—close to South Marco Beach, dining, and shopping. Don't miss this opportunity to live the waterfront lifestyle you've always dreamed of!

Features

  • Building Design: Low Rise (1-3)
  • Parking: Common,Guest
  • Heating: Central Electric
  • Cooling: Central Electric
  • Levels: 1
  • Amenities: BBQ - Picnic,Bike Storage,Community Pool,Community Room,Fishing Pier
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: VANTAGE POINT
  • Development: MARCO ISLAND
  • Year Built: 1979
  • Approx Sq. Feet: 1,210
  • Est. Taxes: $4,162
  • Condo Fee: $1,208 Monthly
  • Lot Desc: Oversize
  • View: Canal,Water
  • Community Type: Boating
  • Water Front: Yes
  • Boat Access: Dock Deeded,Elec Avail at dock
  • Pet Policy: Limits
  • MLS#: 225042282
  • Website: https://www.raveis.com
    /prop/225042282/860panamact_marcoisland_fl?source=qrflyer
Copyright © 2025  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of RE/MAX Alliance Group

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

860 Panama CT, Marco Island, FL, 34145

$629,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $503,200 $503,200 $503,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.944% 7.025% 6.046%
Monthly Tax Payment $347 $347 $347
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,098 $3,306 $4,179
Total Monthly Payment $3,537 $3,745 $4,618

* 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.