Welcome to 500 Ridge Drive, an exceptional opportunity nestled in the heart of the prestigious Pine Ridge Estates, one of Naples’ most sought-after communities. This prime vacant lot offers an expansive 1. 08 acres of completely dry land, providing a rare and unparalleled chance to create your dream home. Whether you envision a sprawling estate, a modern masterpiece, or a charming retreat, this blank canvas allows you to bring your architectural dreams to life. The lot's generous size offers ample space for luxurious outdoor living areas, lush gardens, and even a private pool, all while maintaining the utmost privacy and tranquility. Imagine enjoying serene mornings and peaceful evenings in your custom-designed oasis, all within the comfort of your own estate. While the setting is secluded and peaceful, Pine Ridge Estates offers the perfect balance of privacy and convenience. You’ll find yourself just minutes away from the vibrant heart of Naples. The Waterside Shops and Mercato are nearby, offering world-class shopping, fine dining, and entertainment options. A short drive will take you to the iconic 5th Avenue South and 3rd Street South, where you can indulge in gourmet dining, boutique shopping, and the charm of Naples' historic district. Plus, the beautiful white sand beaches that make Naples famous are easily accessible, allowing you to enjoy the best of both worlds—luxury living in a serene setting with the vibrant lifestyle of Naples at your fingertips. This lot at 500 Ridge Drive is not just a place to build a house; it's a place to create a legacy, a home where memories are made, and a lifestyle is defined. Don't miss this rare chance to acquire such a prime piece of real estate in one of the most coveted neighborhoods in Naples. Your dream home awaits.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$3,250,000
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 | $2,600,000 | $2,600,000 | $2,600,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,648 | $16,864 | $22,828 |
Total Monthly Payment | $16,773 | $16,989 | $22,953 |
* 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.