Discover this impeccably updated Villa in the Esplanade by the Islands community in South Naples. This home (Not in Flood Zone) Has been remapped by FEMA. Features custom additions, including brand-new furniture, a brand new beautiful pool and updated appliances that Elevate its charm. The 2-bedroom plus den/flex room layout is complemented by an attached 2-car garage and an Outdoor kitchen, perfect for entertaining. The Villa boasts a picturesque open view of the beautifully landscaped Lanai area. Sold fully furnished and move -in ready, if you are buying this as an investment like some do you can Get 8, 500 per month in season. Situated just 20 minutes from Downtown Naples 15 minutes to Marco island, This Property is ideally located. The esplanade BY the Islands community is currently expanding to include a state-of-The-the-art wellness center, a culinary kitchen, a resort-style pool and spa, a Bahama-style bar and grill, 5 Tennis courts, 8 Pickleball courts, Bocce ball, a fitness center, a large dog park and a lifestyle manager along with Concierge service. Upon completion, the community center will feature 4 restaurants in total. The amenities center is scheduled to open on October 1st or earlier.
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Our Executive Mortgage Banker:
Our Insurance Division:
$749,999
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 | $599,999 | $599,999 | $599,999 |
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 | $140 | $140 | $140 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,646 | $3,646 | $4,742 |
Total Monthly Payment | $3,878 | $3,878 | $4,974 |
* 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.