Magnificent Modern Coastal Canal Estate home under construction in one of the most convenient locations in Bonita Springs/Naples, Florida. Massive concrete structure over engineered for a SAFE HOUSE. This WATERFRONT haven and Fisherman's Dream House is being custom built by renowned builder New Era Construction, boasting 4 bedrooms, study and 4. 5 baths, it is a collaborative masterpiece designed by Naples finest residential architect both preeminent professional firms in their field of luxury vision and development. Throughout this modern masterpiece it gracefully flows to allow the most sublime lifestyle, the focus is on the captivating direct WATERWAYS of the celebrated Little Hickory Shores location and the enchanting Gulf of Mexico. An expansive amount of square footage of canal frontage as per plat and/or deed. Elegant use of the finest materials, construction without compromise from the boat dock to the lifestyle, a fastidious build details fulfill the desires of the most discriminating and cultivated buyers. Discover the uncompromised allure of 215 1st Street the luxury designed Starfish Model, a modern coastal masterpiece. Collier Counties little secret boasting the ultimate boater lifestyle and beach goers dream. Built to current federal and state flood elevation standards for 2024. Step into this amazing Great Room from an expansive entry or 2 stop elevator where soaring ceilings and large spaces guide you to a robust amount of living spaces. All the outdoor living spaces are built for the outdoor enthusiast with a gas fueled outdoor grill area that blends indoor and outdoor spaces through expansive entertainment space. The stunning pool and spa highlight the lifestyle complete with an oversized dock and lift. The dock is built with a durable composite decking. An outside entertainment area provides a captivating view of the canal footage, a new lift for your personal luxury watercraft. An expansive covered lanai makes outdoor entertaining grand. The 8 plus garage defines an ultimate garage space for all of your personal toys constructed to store boats, cars, golf carts, and more a garage lovers dream. The Gourmet Kitchen showcase top of the line appliances, including a Sub Zero fridge, Freestanding Wolf dual fuel range, custom cabinetry, quartz countertops, and an oversized island and a walk-in pantry. The primary Owners suite is nothing more than luxurious with space designated for a private sitting area. A spa-like Bath with a massive spa walk in shower, elegantly adorned with a freestanding tub boasting double vanities. With 4 additional guest suites all suites have private baths with walk-in showers, this residence is truly exceptional—crafted to perfection and offering a luxurious modern lifestyle beyond compare. Currently under construction estimated completion December 2024 and will be ready for your enjoyment for the 2025 season do not miss out on this masterpiece. *Virtual Staged concepts with current photos of construction*
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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 | $3,356,000 | $3,356,000 | $3,356,000 |
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 | $624 | $624 | $624 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,489 | $21,489 | $29,465 |
Total Monthly Payment | $22,238 | $22,238 | $30,214 |
* 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.