940 Admiralty Parade E, Naples, FL, 34102 | $22,000,000

If all of the properties in Port Royal were available, this one and one-half Port Royal lot site would be one of the first chosen. In fact, the property has been owned by the family of the developer of Port Royal for many years. With environmental views across the wide waterway of Admiralty Bay, the property is not far from Gordon Pass and the Gulf of Mexico and just a short distance to the inland waterways leading to some of the most pristine estuaries in the United States. Because of its size, the property will accommodate a large building envelope. Just a few miles to the north are the famous restaurants, shopping districts, and centers for the arts, for which Naples is internationally known. Port Royal Club eligibility. The Club’s state of the art fitness and tennis centers are nearby. Truly the perfect dimensional property and location to build one’s dream home. Enjoy the quintessential life-style experience that only Naples can offer.

Features

  • Frontage: 150
  • Lot Desc: See Remarks
  • View: Bay
  • Community Type: Boating,Non-Gated
  • Water Front: Yes
  • MLS#: 224005128
  • Buyer Broker Compensation: 2.00%
  • Website: https://www.raveis.com
    /raveis/224005128/940admiraltyparadee_naples_fl?source=qrflyer
Courtesy of

William Raveis Family of Services

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.

Thomas CampbellLuxury Properties Specialist

239.860.4923

Thomas.Campbell@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Richard G. Prebish, IILuxury Properties Specialist

239.357.6628

Richard.Prebish@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

940 Admiralty Parade E, Naples, FL, 34102

$22,000,000

Richard G. Prebish, II

Luxury Properties Specialist

William Raveis Real Estate

Phone: 239.357.6628

Richard.Prebish@raveis.com

Thomas Campbell

Luxury Properties Specialist

William Raveis Real Estate

Phone: 239.860.4923

Thomas.Campbell@raveis.com

Melissa Cohn

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 $17,600,000 $17,600,000 $17,600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.826% 6.936%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $114,153 $114,153 $155,744
Total Monthly Payment $114,278 $114,278 $155,869

* 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.