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Welcome to your Newly Constructed 1 Bedroom, 1 Bath home, perched 10 feet high on sturdy stilts to provide peace of mind and convenient under-home parking. This Brand New, Never Lived in Home was designed with both comfort and practicality in mind. The elevated 1, 066 sq. ft. home offers open-concept living perfect for weekend getaways or year-round island living. Whether you're entertaining friends and family or soaking in the serenity solo, the brilliance of the natural sunlight from the rear southern exposure impact sliders makes it feel like home the moment you walk in. With a private dock, this home is located in a boaters paradise being just a short boat ride to the Gulf, Marco Island and Naples. Nature is your neighbor as your backyard is the 10, 000 Islands National Wildlife Refuge supplying endless encounters with dolphins, manatees, rare birds, secluded beaches and world class fishing. Each day can bring a different adventure whether you're going offshore fishing for grouper, snapper and permit or staying inland for snook, tarpon and redfish to just name a few. Located in Zone VR (Village Residential) in Collier County, this home offers a unique blend of peaceful seclusion and flexible living. The zoning allows for residential use in a low-density, village-style setting, making it ideal for those seeking a quiet coastal lifestyle while still being part of a close-knit community. Please contact Collier County for further information. Located only 10 minutes from downtown Marco Island and miles from Naples golfing and shopping, this home is the perfect getaway.
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Our Executive Mortgage Banker:
Our Insurance Division:
$675,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $246 | $246 | $246 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,413 | $3,547 | $4,520 |
Total Monthly Payment | $3,751 | $3,885 | $4,858 |
* 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.