Park Shore Opportunity! Remodel with your selected finishes & personal design style! A desired location & floor plan located on the 15th Floor! Captivating views of the Gulf of Mexico. Offering a functional 2 bed PLUS Den popular layout with over 2, 400 Sqft Total Area! As a homeowner, the present layout allows 24/7 usage when not occupied by visiting Guests. The conversion back to a 3 Bedroom is very easy as ALL closets and Door entry remains intact. This type of layout has evolved over the years as a beneficial and ideal living space for empty nesters/downsizing who prefer the added open space & its usage when guests are not occupying the 3rd bedroom. The Primary Bedroom captures breathtaking views of the Gulf of Mexico, Dual Vanities , Private 5 pc Bath with a 6 Ft. Jetted Tub /Shower Enclosure, Bidet. Primary offers ample storage closets & a walk-in Closet. The 2nd Bedroom offers Private Lanai with Gulf Views, Large Closet & 4 pc Bath. Additional 3 pc bath is located across from flex room offering a walk in shower! The Flex space if desired is a super easy conversion back to a 3rd bedroom as it still kept its original footprint! Closets are in place & private lanai access!
A generous size living room, wet bar & lanai , Formal Dining Room, Kitchen with Island plus eating area next to the Lanai! The Savoy Condominium is unique in many ways, compared to neighboring high rises on the Gulf! It offers 12 leases / year with a 30 day minimum. The Building is directly across from Naples popular Venetian Village offerings. Boutique stores, Fine dining & many more interesting shops to stroll. The Savoy building is undergoing spectacular upgrades to the exterior building and common area amenities. A design improvement will offer residents premium finishes thus creating a modern exterior/interior Design Elements! The Savoy will not disappoint upon completion and will command attention due to its new and improved facelift. The improved exterior amenities are well appointed. The pool area is designed to provide more seating niches to enjoy private spaces for conversations, or entertaining. Grills & Kitchen with covered entertaining space as well. New fire pit surrounded by Coastal Adirondack seating! The recreational deck off the 2nd floor offers more amenities including tennis /pickleball courts, additional Grills, plus "bring your putter" as a delightful, delightful Putting Green to improve your short game while Grilling! Spanning Gulf Views while enjoying the heated pool & spa, Fitness Center, Community Social Room (with Library), TWO Sunset Decks for all residents to enjoy sunset on the Penthouse Floor. Truly an opportunity not to be missed!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,998,800
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,599,040 | $1,599,040 | $1,599,040 |
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 | $333 | $333 | $333 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,239 | $10,371 | $14,039 |
Total Monthly Payment | $10,696 | $10,828 | $14,496 |
* 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.