tomo logo

$1,995,000

Beds
3
Baths
3.0
sq ft
2,340

870 S Collier Blvd Unit 704, Marco Island, FL 34145

870 S Collier Blvd Unit 704

Marco Island, FL 34145

  • 30 days on market
    • Price drop $105,000↓
    • Open house Nov 17
Wake up to paradise in this stunning beach front luxury condo along Marco Island’s legendary South Beach. Les Falls captures the epitome of Art Deco elegance while boasting breathtaking, unobstructed, panoramic views of the Gulf of Mexico. Unit 704 offers a perfect blend of modern sophistication and coastal charm. With spacious living areas, high-end finishes, and a large private balcony to soak in every sunset from the oversized living area or master suit - this property is rarely available! Every inch of this unique condo has been thoughtfully renovated and there is nothing left to do! Freshly painted and updated in 2024, 2 brand new A/C systems in 2019, 2022 sliding doors and storm shutters and so much more. 704’s sprawling split layout affords each guest suit it’s own attached bathroom and walk-in closet. Les Falls’ is a low density building with some of the lowest HOA and management fees on Marco Beach. The building has already passed the Phase 1 Milestone Inspection and has full reserves while being diligently maintained. This modern luxury beachfront building offers resort-style amenities, direct walk-out to pristine beaches, and a vibrant community atmosphere while only minutes away the best shopping, dining, and entertainment. Make every day feel like a vacation in this exclusive waterfront retreat or, for the savvy investor, rent out this exclusive condo for approx. 15k per month - call today to schedule a private tour for this luxury beach front retreat!

Details

Property type

Condominium

Est. home value

$1,992,655

Lot size

Unknown

Price per sq ft

$853

Year built

1990

Annual property taxes

$9,666.94

HOA

No

Price History

11/13/2024

FGCMLS #224082186

Price change
$1,995,000
-5%
10/14/2024

FGCMLS #224082186

Listed
$2,100,000
-3.45%
10/11/2024

FGCMLS #224042100

Removed
$2,175,000

Schools & Community

Elementary school: 

TOMMIE BARFIELD ELEMENTARY SCHOOL

Middle school: 

MANATEE MIDDLE SCHOOL

High school: 

LELY HIGH SCHOOL

Community features: 

Pool, Street Lights

Number of units in community: 

46

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$845,325
Asking price
$1,995,000
Closing costs (~8% of asking)
-$159,600
Est. remaining loan balance
-$990,075
Cash to seller
$845,325

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

October 2023

Original loan amount

$1,000,000

Est. remaining balance

$990,075

Interest rate

7.12%

Loan type

New Conventional, 30 year

Seller

Chad Hill and Kelly Hill

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/14/2024 at 11:15 AM

Listing updated: 11/13/2024 at 3:07 PM

Listed by: Eric Goetsch, Re/Max Affinity Plus Phone #: (239) 260-3500

MLS: FGCMLS #224082186

FGCMLS logo

Recently listed in Marco Island