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This is the one you’ve been searching for…. Step in to a live watercolor painting as you watch the spectacular endless views of water and sky from this exquisite 7th floor beachfront condo on the white sands of Marco Island. The majestic view of the Gulf seen from this higher level floor is truly a game changer! Completely renovated and offered turnkey furnished with the highest quality finishes, decor, appliances, and accoutrements. Upon entering, you will notice the clean, crisp, coastal, beach home vibe with wood-look tile flooring, pristine white walls and shiplap accents, curated quartz counters, beautiful lighting, and storage galore. Luxurious primary suite with additional built-ins for storage, generous guest room and bath, extra lounge area, spacious dining and living room, plus a fabulously designed all white kitchen and coffee bar. All the designer furnishings were selected in subdued coastal shades of white, cream, and grey allowing the magnificent view to steal the show! An additional private balcony from the entry and guest room offers sparkling city lights in the evening, plus a peek at the waters of Caxamba’s Pass. Every inch of this home was designed creatively, aesthetically and functionally. Never rented, and lovingly cared for by the original family, this rare opportunity doesn’t present itself often. This one of a kind home on the beach offers that perfect combination of comfort and casual sophistication that is undeniably unforgettable. The Somerset of Marco Island, at the loveliest southern end of the island, is extremely well maintained, lushly landscaped, and well thought out with 2 banks of elevators, wide, well lit hallways, ample parking, storage lockers, 2 heated pools, library, event space, exercise room, outdoor grilling area, tennis and pickle ball courts, gated at the entry drive and from the beach. Building management is in-house, friendly, and efficient, and the flexible rental policy allows investors the opportunity for generous rental income. Do not miss experiencing this very special home in the very special place!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,999,999
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 | $1,599,999 | $1,599,999 | $1,599,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
Monthly Tax Payment | $986 | $986 | $986 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,722 | $10,245 | $13,938 |
Total Monthly Payment | $10,833 | $11,356 | $15,049 |
* 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.