165 5th ST S, Naples, FL, 34102 | $3,375,000

RENOVATED TWO-STORY VILLA NESTLED IN THE HEART OF OLD NAPLES IS ABSOLUTLY STUNNING! Centrally located just three blocks away from the vibrant 5th Avenue South and a mere stroll of five blocks to the pristine shores of the Gulf of Mexico, this home is an epitome of luxurious living. Spanning 1, 951 square feet of meticulously designed living space, this gem features a spacious great room floor plan with three bedrooms, three full baths, a versatile loft/den, and the added indulgence of a pool & lanai area along with a private one-car garage. This exceptional residence has undergone extensive renovations. The private lanai & pool area has been completely reimagined, boasting lavish travertine tile decking, the removal of the screen cage, installation of new pool equipment, and a waterfall feature. The integration of two new sets of double sliding doors seamlessly connects the interior with the pool and lanai area, creating a harmonious flow throughout. Further enhancing the allure of this tropical haven are the newly renovated kitchen, dining, and great room, providing the perfect backdrop for both relaxation and entertainment. Additional upgrades include quartz kitchen counters & backsplash, elegant large porcelain tile and wood flooring, tasteful crown molding, recessed lighting, impact windows, and a security system. This pet-friendly villa, comprising only four units, has been freshly painted and boasts a new roof, ensuring both aesthetic appeal and structural integrity. Offered turnkey, this property presents an irresistible opportunity to indulge in the quintessential Old Naples lifestyle, encompassing fine dining, boutique shopping, and idyllic beach days. Don't let this chance slip away to immerse yourself in the very best that Olde Naples has to offer!

Features

  • Building Design: Villa Attached
  • Parking: Driveway Paved
  • Heating: Central Electric
  • Cooling: Central Electric
  • Levels: 2
  • Amenities: Beach Access,Internet Access,Shopping,Sidewalk,Streetlight
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 3 full
  • Complex: ROYAL PALM VILLAS
  • Development: OLDE NAPLES
  • Year Built: 2004
  • Approx Sq. Feet: 1,951
  • Est. Taxes: $12,691
  • Master HOA Fee: $4,125
  • Lot Desc: Zero Lot Line
  • View: City,Landscaped Area,Pool/Club,Privacy Wall
  • Community Type: Non-Gated
  • Elem. School: LAKE PARK ELEMENTARY
  • Middle School: GULFVIEW MIDDLE SCHOOL
  • High School: NAPLES HIGH SCHOOL
  • Private Pool: Yes
  • Pet Policy: Limits
  • MLS#: 224076129
  • Website: https://www.raveis.com
    /prop/224076129/1655thsts_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 Premiere Plus Realty Company

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

165 5th ST S, Naples, FL, 34102

$3,375,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,700,000 $2,700,000 $2,700,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.036%
Monthly Tax Payment $1,058 $1,058 $1,058
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $17,288 $17,288 $23,706
Total Monthly Payment $18,471 $18,471 $24,889

* 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.