Welcome to this meticulously maintained 2-bedroom, 2-bathroom condo, situated on the first floor of the highly desirable, gated resort-style community of Falling Waters. This inviting home is mostly furnished, making it an easy move-in opportunity for its new owners. The master suite features a spacious walk-in closet and a beautifully updated bathroom with dual vanity sinks and a walk-in shower. The second bedroom offers flexibility, perfect for guests or as a home office. The condo boasts a large screened-in lanai with tranquil views of the landscaped garden and partial lake views, perfect for relaxing and enjoying the outdoors. Additional highlights include an in-unit washer and dryer and an assigned 1-car garage. This unit benefits from abundant natural light and a prime location near the community center. Residents enjoy access to one of Naples' most impressive pools, along with tennis and bocce courts, and a nearby gazebo for leisurely afternoons. Ample guest parking is also provided. Living in this gated community means enhanced security and peace of mind. The comprehensive HOA fees cover cable, Wi-Fi, water, pest control, security, and basic community maintenance. Falling Waters is pet-friendly and investor-friendly, allowing for immediate leasing upon purchase. Ideally situated in the heart of Naples, it’s just a quick 10-minute drive to downtown, offering convenient access to 5th Avenue, 3rd Street South, Tin City, and the world-famous Naples beaches. Nearby amenities include Publix and a variety of restaurants. Don’t miss this opportunity to own a well-kept first-floor 2-bedroom unit in the vibrant and secure community of Falling Waters!
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Our Executive Mortgage Banker:
Our Insurance Division:
$449,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $359,920 | $359,920 | $359,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.159% | 6.538% |
Monthly Tax Payment | $247 | $247 | $247 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,425 | $2,392 | $3,086 |
Total Monthly Payment | $2,747 | $2,714 | $3,408 |
* 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.