WOW Factor on 7th Avenue North has arrived! This New Construction home is built to the finest standards and offers a new level of quality and attention to detail from Jerulle Builders! Known for taking “no short cuts” in the unseen part of their construction, the entire product matches the exterior beauty of their fine finishes and design. Features include: All Concrete Block both floors, Perimeter waterproofed windows, doors and slabs; Drywall upgrades for sound and mold resistance; Sound resistant stairs; Lanai screens, hurricane shutters and more! The exterior charm is timeless with the look and feel of downtown Naples, never to be labeled as dated but in good taste for a lifetime. Before reaching the front door, you hear the alluring waterfalls, see the blue tiled pool and feel the excitement this property offers! Enter into a refreshing vision of expansive wide plank wood floors and a distant view of the great room with open kitchen. Everywhere you turn there is a vision of beauty drawing you to imagine yourself grilling in the Outdoor Living or lounging on the always sunny pool deck. The kitchen features unique Quartzite stone counters, top of the line Thermador appliances, gas cooking, double ovens, micro drawer and a spectacular hidden pantry. Volume ceilings give the appearance of large spaces and the dining room, surrounded by sunlit windows and landscapes, is no exception. The Great Room wall of glass opens wide to include outdoor cooking, cool evenings beside the fireplace, or sunbathing beside the sparkling blue pool. The large first floor laundry and powder bath lead to a tucked away Primary Bedroom featuring a spa bath with truly beautiful marble-look tile and two closets. Upstairs is something extraordinary! A sitting area atop the stairs under a chic chandelier of note leads to the study overlooking the 7th tree-lined avenue. Pass through the chic morning bar to a second primary bedroom with vaulted ceiling and sunlit balcony over the pool. Two additional bedrooms en suite, and second laundry make this home The One! Add to all of that, this home is on 7th Avenue North, home of the Naples Beach Club (Four Seasons)! Walk or cart there for the upcoming Naples hot spot, or short blocks to the iconic downtown Naples for world class shops and dining!
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,100,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,080,000 | $4,080,000 | $4,080,000 |
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 | $518 | $518 | $518 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $26,125 | $26,125 | $35,822 |
Total Monthly Payment | $26,768 | $26,768 | $36,465 |
* 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.