Discover one of the last buildable estate waterfront lots in Royal Harbor! This is a boater's paradise boasting over 200 feet of water frontage, with a new composite dock, and two boat lifts which could be converted to safely accommodate a large yacht. This property did not have water damage during Ian, due to it’s higher elevation. It is nestled in a serene cul-de-sac with no through traffic. Enter the driveway into a private Florida paradise with old Naples charm & modern amenities. Featuring imported Italian cabinets, Italian tile flooring, beautiful custom granite, Wolf, Sub-Zero, Bosch & Miele appliances throughout the home. The master bedroom provides modernized custom open-closet space and a patio next to the pool with sunset water-views. The guest bath is an oasis adorned with art glass tile and custom cut granite. Thrive in complete privacy in your pool and spa, surrounded by nature-scaping at its best with towering palms and the most park-like setting in the neighborhood. Stroll down to your boat dock in the evening and watch dolphins at play, or cruise into the gulf from straight outside your backyard. The property offers no-bridge access to the Gulf of Mexico. This home is a gem of an opportunity to live in or build later, as your schedule needs. This property will not be on the market long. Contact me today for your viewing opportunity.
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$5,000,000
William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,000,000 | $4,000,000 | $4,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $2,032 | $2,032 | $2,032 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,612 | $25,944 | $35,120 |
Total Monthly Payment | $27,769 | $28,101 | $37,277 |
* 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.