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Beachfront one-bedroom, 1. 5 bath condominium on Marco’s famous Crescent Beach! This bright, refreshed eighth floor unit has amazing sunrises, expansive island views by day and sparkling island lights by night. Crisp coastal decor. Updated hurricane-impact sliding doors in living room and primary suite open to the jet-out balcony for added privacy. Stainless steel appliances (2020). Water heater (2020). Updated electrical panel (2020). Walk-in closet. New electronic security lock allows you to lock and unlock your unit remotely. Turnkey furnished. Sought-after mid-rise building. Laundry room and assigned storage locker on the same level as the unit. Direct beach access. Tradewinds has lush, tropical landscaping, beautiful views of the gulf from the heated resort-style pool and picturesque grilling area. Secure updated lobby with on-site manager and social room with kitchen. The building has undergone many updates in the previous years including new elevators, completely renovated lobby and new pool with new furniture. Common hallways have crown molding and trim and are newly painted in addition to new carpet. Balconies have been refreshed. Special assessments for these updates have been paid. One assigned covered parking space. Great location close to many popular restaurants. Marco Island is famous for its white sandy beaches, boating, water sports and wide sidewalks all over the island, great for walking and bicycling. Own your piece of paradise today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$429,000
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 | $343,200 | $343,200 | $343,200 |
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 | $250 | $250 | $250 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,169 | $2,255 | $2,873 |
Total Monthly Payment | $2,494 | $2,580 | $3,198 |
* 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.