Rare new construction opportunity in Isles of Capri. Experience the nostalgic Old Florida island lifestyle while enjoying the safety and security of a high and dry island lot. This 2-story home with TWO primary suites (4 bedrooms, 3. 5 baths total) is built on concrete pilings, sits 1 foot higher than current FEMA elevation requirements (neither the house nor garage have ever had water intrusion from storm surge) and was constructed with energy efficiency and storm protection in mind. The home features impact resistant/hurricane rated doors, windows and garage door, a commercial TPO roof system (for increased energy efficiency by reflecting UV rays), extra water proofing on the exterior, and all mechanical equipment sits above flood level ((including pool equipment, water heater and both AC systems). Once inside, the natural light pours in through the abundant windows and sliding glass doors. The chef’s kitchen features KitchenAid stainless steel appliances, quartz countertops, white shaker style soft close cabinetry, tile backsplash and a large center island that easily seats four chairs. Indoor/outdoor entertaining is a breeze with 2 sets of sliding glass doors off the main living area. Outside you can delight in the elevated, completely fenced custom pool/spa with marble decking or lounge your day away on the sunshelf. Upstairs, there are three more bedrooms, one serving as the second primary bedroom, and two more guest bedrooms, a full bathroom and a lovely loft area. The upstairs primary bedroom has a large wrap around balcony with custom cable railings and gorgeous bay views. Other features include wood plank tile floors through all living areas and bedrooms, solid wood interior doors, two HVAC systems, epoxy garage floor, landscape irrigation system and an upgraded landscaping package with mature privacy borders. Isles of Capri is conveniently located about 30 minutes to the hustle and bustle of downtown Naples shopping, restaurants and beaches, and 15 minutes to Marco Island beaches. It is a rare community with its local, delicious, island vibe restaurants (walkable from the house!), abundant wildlife for nature enthusiasts, and it provides a wonderful respite for those that enjoy the laid back island lifestyle. Isles of Capri is the perfect place to fish, kayak or boat (you will be 5 minutes away from BOTH the Isles of Capri Paddlecraft Park designed exclusively for launching canoes, kayaks and paddleboards AND the Collier Boulevard Boat Launch Park where you can launch your own motorized boat). Don’t have a boat? No problem, it’s so easy to rent one from the Isles of Capri Marina (walkable from the house!). When you are done with all the daytime fun, it’s time to grab some food or cocktails at one of the local island restaurants and to capture a photo worthy Isles of Capri sunset.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,995,000
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 | $1,596,000 | $1,596,000 | $1,596,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.851% | 6.704% |
Monthly Tax Payment | $256 | $256 | $256 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,219 | $10,352 | $13,903 |
Total Monthly Payment | $10,600 | $10,733 | $14,284 |
* 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.