135 Cypress WAY E, Naples, FL, 34110 | $240,000

This charming first floor condo (NO STAIRS) located in Spanish Pines at Palm River offers an opportunity to make this unit your own. This 2 bedroom, 2 full bath is being sold AS IS and offers a blank canvas with most of the demo already completed for the Buyer. Featuring one of the largest floor plans currently available in all the condos for sale in Palm River and North Naples, this unit includes 1 covered parking spot, 1 uncovered parking spot, extra storage space and ample natural lighting throughout! The open and spacious living space gives you a direct view outside at the glistening lake and lush landscaping. The living area is overlooked by a dining area and the kitchen that boasts an opportunity to convert this into your dream space. The generously sized master bedroom provides direct lanai access and a nicely sized walk-in closet with custom shelving as well as your own private ensuite. A second bedroom, full bathroom, laundry room and large lanai complete this unit! Spanish Pines offers a community pool and is located in North Naples just minutes from a variety of shopping/dining options (Mercato, Trader Joes, Whole Foods) and is in close proximity to some of Naples’ most breathtaking beaches. Whether you are searching for a primary residence, investment property or vacation home, this unit offers an incredible opportunity for all!

Features

  • Building Design: Low Rise (1-3)
  • Parking: 2 Assigned,Covered,Guest,Paved Parking
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 1
  • Amenities: Community Pool,Extra Storage,Sidewalk,Streetlight,Underground Utility,Vehicle Wash Area
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: SPANISH PINES
  • Development: PALM RIVER
  • Year Built: 1981
  • Approx Sq. Feet: 1,377
  • Est. Taxes: $1,188
  • Condo Fee: $2,750 Quarterly
  • Lot Desc: Zero Lot Line
  • View: Lake,Landscaped Area
  • Community Type: Non-Gated
  • Water Front: Yes
  • Pet Policy: Limits
  • MLS#: 224066836
  • Website: https://www.raveis.com
    /prop/224066836/135cypresswaye_naples_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Compass Florida LLC

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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135 Cypress WAY E, Naples, FL, 34110

$240,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $192,000 $192,000 $192,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $99 $99 $99
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,167 $1,167 $1,517
Total Monthly Payment $1,341 $1,341 $1,691

* 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.