179 Penny LN, Naples, FL, 34112 | $325,000

Completely renovated 2 bed/2 bath ground floor condo in the popular Glades Country Club. Super convenient location less than 10 minutes from downtown Naples with it’s fine dining, boutique shops and sandy beaches! This stunning condo has been updated from top to bottom with nothing spared. Fantastic view of the lake, a fountain and the 18th hole Tee box from the screened lanai. This is a bundled golf community featuring unlimited play on the two recently renovated golf courses, Pine a par 70 and Palmetto a par 55. These Gordon Lewis designed courses feature paspalum grass, new irrigation, redesigned with sustainable Florida landscaping. The club also features 12 brand new pickleball courts, new hard tru surface tennis courts, bocce courts, shuffleboard, corn hole, and 9 swimming pools throughout the community in addition to the main pool, so you are never too far from a relaxing pool. In addition, the club has a Pro shop, 19th Hole Restaurant, and clubhouse with many activities during season, such as card groups, bingo, karaoke nights, dinner dances and much more. The updated kitchen has all white shaker cabinets, slate finish stainless appliances, granite countertops, recessed lighting, a breakfast bar and more. The master bedroom features a large walk-in closet and large windows throughout bring in lots of natural light. Master Bathroom shower has glass door entry and a pebbled floor. The flooring through the entire unit is a wonderful porcelain tile that looks like wood-planks. There is a walk-in utility room with the washer, dryer and plenty of room for storage. All windows and doors are impact resistant. The unit is being offered turnkey. This could also make a great investment property with 12 leases allowed per year for a minimum of 30 days.

Features

  • Building Design: Low Rise (1-3)
  • Parking: 1 Assigned,Common,Guest,Paved Parking
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 2
  • Amenities: Billiards,Bocce Court,Clubhouse,Community Room,Golf Course,Internet Access,Library,Pickleball,Restaurant,Tennis Court
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: NAPLES SUNRISE
  • Development: GLADES
  • Year Built: 1985
  • Approx Sq. Feet: 1,272
  • Est. Taxes: $1,866
  • Condo Fee: $2,991 Quarterly
  • Lot Desc: Golf Course
  • View: Golf Course,Landscaped Area,Pond,Preserve,Water
  • Community Type: Condo/Hotel
  • Water Front: Yes
  • Elem. School: SHADOWLAWN ELEMENTARY SCHOOL
  • Middle School: EAST NAPLES MIDDLE SCHOOL
  • High School: LELY HIGH SCHOOL
  • Pet Policy: Limits
  • MLS#: 224075143
  • Website: https://www.raveis.com
    /prop/224075143/179pennyln_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 John R Wood Properties

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NMLS Mortgage Loan Originator ID 16953

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179 Penny LN, Naples, FL, 34112

$325,000

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 $260,000 $260,000 $260,000
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 $156 $156 $156
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,580 $1,580 $2,055
Total Monthly Payment $1,811 $1,811 $2,286

* 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.