Presented byThe Norgart Team |
Here is your chance to own two beautifully appointed, adjoining condo/hotel units at the Naples Bay Resort! These two units provide versatility in that they may be utilized up to 60 days per year by the owner, yet can generate income through the hotel rental program. These lockout units feature impeccable decor, with two private balconies overlooking the picturesque Naples yacht harbor. Naples Bay Resort membership amenities include a world-class spa, a state-of-the-art fitness center, five pools including an adults-only pool, lap pool and hot tub. Enjoy a lap around the lazy river and dine at the Blue Water Bistro or the members-only Indulge restaurant. The resort features excellent cuisine throughout, tennis facility with Har-Tru courts, Topgolf Swing Suite, boat rentals and so much more! Naples Bay Resort is located on the famed 5th Avenue South, just minutes from the exquisite shops and fine dining that Old Naples has to offer.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$617,500
Sales Associates
William Raveis Real Estate
Phone: 239.404.7007
NorgartTeam@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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $494,000 | $494,000 | $494,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.286% |
Monthly Tax Payment | $103 | $103 | $103 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,370 | $3,283 | $4,169 |
Total Monthly Payment | $3,564 | $3,477 | $4,363 |
* 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.