Opportunity Knocks! Discover the Best of Port of the Islands Living at 326 Newport Dr, Unit 1705.
Welcome to a true gem in Port of the Islands—a charming 1st-floor condo offering incredible value at an affordable price! This well-maintained unit serves as an ideal getaway, investment, or permanent home. Perfectly suited for investors with weekly rental options, it also welcomes seasonal and year-round residents looking for peaceful, scenic living. Step inside this cozy 2-bedroom, 2-bathroom condo and immediately feel at home. The private screened-in lanai, equipped with roll-down shutters, invites you to unwind while soaking in serene lake views. Just a short stroll away, connect with friends at the inviting community pool. For boating enthusiasts, this property is conveniently located across from the luxury marina and public boat ramp, with boat slips available for sale or rent—allowing you easy access to the waterways at your leisure. Enjoy a lifestyle where convenience meets tranquility. Located just 11 minutes from Publix and nearby shops, restaurants, and entertainment, this location strikes the perfect balance of accessibility and escape. With Marco Beach only 20 minutes away and downtown Naples a mere 30-minute drive, you'll have the best of Southwest Florida at your fingertips. Priced to move and ready to become your slice of paradise, this condo at 326 Newport Dr, Unit 1705, is your gateway to a serene and affordable lifestyle!
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $239,920 | $239,920 | $239,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $321 | $321 | $321 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,596 | $1,595 | $2,057 |
Total Monthly Payment | $1,992 | $1,991 | $2,453 |
* 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.