!!!WITHOUT A DOUBT THIS IS THE BEST WATERFRONT BUY IN ALL OF NAPLES!!! Check out the SIZE of this DIRECT ACCESS HOMESITE! !!! . 38 ACRES !! WITH A "GRANDFATHERED" COVERED BOAT SLIP !! You can walk to Third Street South and the BEACH in minutes!! PLUS, the sellers did it for you: The home has been torn down and you can get a great feel for the breadth and width of this fabulous home site! BUILD YOUR DREAM HOME!!! The most perfect LOCATION LOCATION LOCATION in all of Naples! Situated around the corner from the beach at 18th Avenue South, and a short stroll to all the fine dining options, world-class galleries, amazing shopping, a fantastic farmer's market and so many fun events on the famous Third Street South. Best of all, keep your boat in your own backyard. . . Did I mention the covered boat slip which creates so much value!?! There are NO bridges to Naples Bay and the Gulf of Mexico! YES, this is the best of ALL worlds! The possibilities are endless. Overlooking Sanderling Cove, the eastern exposure is wonderful.
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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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$5,950,000
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 | $4,760,000 | $4,760,000 | $4,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.989% | 7.102% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $31,668 | $31,270 | $42,452 |
Total Monthly Payment | $31,793 | $31,395 | $42,577 |
* 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.