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980 Cape Marco DR, Marco Island, FL, 34145 | $1,275,000
Welcome to the stunning Monterrey at Cape Marco! This luxury building is situated on the southern end of Marco Island overlooking the Gulf of Mexico and the 10, 000 Islands. Watch manatee and dolphin swim by glorious sunsets from your front and back balconies. Enjoy gulf breezes on the main balcony, large enough to enjoy an outdoor living room and or dining space. Cape Marco is a very secure community with main gate manned 24 hours, secured building and parking area. Enter this condo via a semiprivate elevator servicing only 2 units per floor. The double door entry opens to a nice sized great room with incredible views. The split bedroom floor plan has den and guest room to the back of the condo and primary suite with balcony access to the front. Wake up to glorious views and morning sun. The primary bath has a large soaker tub and a walk-in shower, double vanity and a walk-in closet. The kitchen with white modern cabinets and granite counters has a coffee bar breakfast room area. Many updated items including AC 2020, Hot Water Heater 2024, Refrigerator 2018, Dishwasher 2023, Stove/Oven 2020, Disposal 2024, Washer/Dryer 2022. In addition to shared storage on the unit floor, there is a large private storage area in the garage. The building has an outstanding clubhouse room with full kitchen, bar, large screen TVs, game/card area and many sitting areas all with spectacular gulf views. Cape Marco has one of the most popular tennis groups on the island. Enjoy 6 Har Tur tennis courts, the newly renovated clubhouse and veranda area and all that the tropical Cape Marco grounds have to offer. This condo with its unobstructed view and ample 1800 sq. ft plus is one of the best buys on Marco at this time.
Features
- Building Design: High Rise (8+)
- Parking: 1 Assigned,Covered,Guest,Under Bldg Closed
- Heating: Central Electric
- Cooling: Ceiling Fans,Central Electric
- Levels: 1
- Amenities: Beach Access,Bike Storage,Clubhouse,Community Pool,Exercise Room,Extra Storage,Fishing Pier,Internet Access,Library,Sauna,Sidewalk,Streetlight,Tennis Court,Trash Chute,Vehicle Wash Area
- Rooms: 8
- Bedrooms: 2
- Baths: 2 full
- Complex: MONTERREY AT CAPE MARCO
- Development: CAPE MARCO
- Year Built: 1996
- Approx Sq. Feet: 1,820
- Est. Taxes: $6,365
- Condo Fee: $6,191 Quarterly
- Lot Desc: Zero Lot Line
- View: Gulf,Water
- Community Type: Gated
- Water Front: Yes
- Pet Policy: Limits
- MLS#: 225010788
- Website: https://www.raveis.com
/prop/225010788/980capemarcodr_marcoisland_fl?source=qrflyer
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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
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- Provides a guaranteed closing date that meets your needs
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Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
980 Cape Marco DR, Marco Island, FL, 34145
$1,275,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,020,000 | $1,020,000 | $1,020,000 |
| 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 | 6.898% | 6.739% | 6.560% |
| Monthly Tax Payment | $530 | $530 | $530 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,280 | $6,531 | $8,815 |
| Total Monthly Payment | $6,935 | $7,186 | $9,470 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388