1490 5th AVE S, Naples, FL, 34102 | $617,500

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.

Features

  • Building Design: Low Rise (1-3)
  • Parking: 2 Assigned
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 3
  • Amenities: Beach Access,Bike And Jog Path,Bike Storage,Boat Storage,Business Center,Cabana,Clubhouse,Community Pool,Community Room,Community Spa/Hot tub,Concierge Services,Electric Vehicle Charging,Exercise Room,Fitness Center Attended,Full Service Spa,Internet Access,Lap Pool,Marina,Private Membership,Restaurant,Sauna,Shopping,Sidewalk,Streetlight,Tennis Court,Underground Utility
  • Bedrooms: 2
  • Baths: 3 full
  • Complex: NAPLES BAY RESORT
  • Development: NAPLES BAY RESORT
  • Year Built: 2007
  • Approx Sq. Feet: 1,560
  • Est. Taxes: $1,230
  • Condo Fee: $1,356 Quarterly
  • Master HOA Fee: $1,317
  • Lot Desc: Other
  • View: Bay,Water
  • Community Type: Condo/Hotel
  • Water Front: Yes
  • Boat Access: Dock Purchase
  • Elem. School: LAKE PARK ELEMENTARY
  • Middle School: GULF VIEW MIDDLE SCHOOL
  • High School: NAPLES HIGH SCHOOL
  • Pet Policy: Limits
  • MLS#: 224035770
  • Website: https://www.raveis.com
    /raveis/224035770/14905thaves_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.

The Norgart TeamSales Associates

239.404.7007

NorgartTeam@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
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  • 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

Evelio MirandaInsurance Sales Director, William Raveis Insurance

561.704.7334

Evelio.Miranda@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

1490 5th AVE S, Naples, FL, 34102

$617,500

The Norgart Team

Sales Associates

William Raveis Real Estate

Phone: 239.404.7007

NorgartTeam@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 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.