ABSOLUTELY FABULOUS!!!Perhaps the largest selection of onsite amenities of any condo in downtown Naples and rare opportunity to own a brand new Condominium in Downtown Naples at this price. Grab a coffee at the on premise coffee shop also pizza and yoga too or cross the street to a variety of restaurants, bars and even Gulf Shore Playhouse. Lowest priced unit in the newest building too!!!Only this final building in the magnificent Eleven Eleven complex offers the rarity of both gas in the kitchen and on the terrace. Outdoor gas cooking on your own terrace is almost unheard of in condominiums anywhere in Naples. Thermador appliances and sleek modern cabinets complete the kitchen with an excellent floor plan throughout. Eleven Eleven Central has a WOW factor as soon as you walk in and see the amazing pool and multiple amenities including game/media room, gym, lounges, putting green, bocce, and guest suites. This condominium can also represent the perfect opportunity for a 1031 exchange. Seller may be willing to do an annual rental and/or rent to own starting at $6500/month for qualified candidate and commensurate deposits.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
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 | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $167 | $167 | $167 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,964 | $8,964 | $12,292 |
Total Monthly Payment | $9,256 | $9,256 | $12,584 |
* 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.