3117 Areca AVE, Naples, FL, 34112 | $435,000

Welcome to your dream oasis in the heart of the Bayshore Arts District! This charming Florida retreat offers 2 spacious bedrooms and 2 bathrooms, perfectly designed for comfortable living and is located at the end of a canal with indirect access only by one bridge. Sellers obtained estimates for a seawall and dock which can be provided upon request. Property is raised high to avoid flooding, features a durable metal roof and hurricane shutters, providing peace of mind during stormy seasons. Property was completely redone including the metal roof, all plumbing, electrical and even the insulation in 2012. Laminate flooring throughout, wood cabinets and stainless steel appliances are only the beginning. The master bathroom has a jetted jacuzzi tub and separate shower. Main bedroom has two closets and access to the pool. Step outside to your private paradise, complete with a sparkling pool and soothing spa, ideal for relaxation and entertaining. The outdoor seating area is perfect for dining al fresco or hosting gatherings with friends and family. This property has tons of potential for enjoying the Florida lifestyle or investing for the future. New homes are being built in the area in excess of $800, 000. Additionally, the property is zoned RMF-6 for multi-family use and some commercial uses. This is an ideal property for those who know how to recognize a good investment when they see one. Situated on a generous corner lot, this home is just minutes from downtown Naples, beautiful beaches, the serene Botanical Gardens, and the vibrant Celebration Park. Enjoy the best of Florida living with easy access to culture, nature, and leisure. Don’t miss your chance to own this exceptional waterfront property—schedule a showing today!

Features

  • Amenities: BBQ - Picnic,Extra Storage,Guest Room,Internet Access
  • Bedrooms: 2
  • Baths: 2 full
  • Style: 1 Story/Ranch
  • Development: SABAL SHORES
  • Year Built: 1975
  • Heating: Central Electric
  • Cooling: Central Electric
  • Approx Sq. Feet: 1,400
  • Acreage: 0.16
  • Est. Taxes: $5,600
  • Lot Desc: Corner
  • View: Canal,Landscaped Area,Water,Water Feature
  • Community Type: Boating,Non-Gated
  • Water Front: Yes
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224083298
  • Website: https://www.raveis.com
    /prop/224083298/3117arecaave_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 Saggio Realty, Inc

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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

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3117 Areca AVE, Naples, FL, 34112

$435,000

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 $348,000 $348,000 $348,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.582% 7.159% 6.518%
Monthly Tax Payment $467 $467 $467
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,374 $2,313 $2,984
Total Monthly Payment $2,916 $2,855 $3,526

* 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.