One of the finest downtown luxury condominium developments Naples has to offer is The Mark On 8th. Settled in the heart of Olde Naples, this boutique condominium is just steps to 5th Avenue's fine boutiques, cafes, restaurants and beautiful sandy beaches of the Gulf of Mexico.
This 2, 064sf Mayfair floor plan is a 3 bedroom, 3 and a half bath western facing unit on the second floor. Gorgeous large master suite with his/hers closets and sinks. The residence provides an open floor plan with expansive 9-foot sliding glass doors, oversized living and dining space and wide plank European Oak floors throughout. The professionally designed kitchen overlooks the living and dining area and is outfitted with high-end appliance and plumbing packages perfect for entertaining. The Mark additionally offers exceptional amenities like the on-site golf simulator, second floor pool and spa, fitness center and sauna. Plus, additional outdoor space for grilling and relaxing by the community fire pit.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,875,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,300,000 | $2,300,000 | $2,300,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.762% | 6.830% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,918 | $14,727 | $20,194 |
Total Monthly Payment | $15,043 | $14,852 | $20,319 |
* 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.