THIS IS A BUILDABLE LOT FOR YOUR DREAM HOME IN PRESTIGIOUS NAPLES PARK.
An incredible opportunity awaits you! Naples Park has always been a perfect location within a short
distance of both the beach and the Mercado shopping plaza. The area is quickly developing with gorgeous new construction homes to complement the neighborhood’s spectacular surroundings. This lot is a clean slate with northern rear exposure. Naples Park is a great community with NO FEES
and NO PET RESTRICTIONS. It is one of the few lots that has never been built on still left in Naples Park. The lot is situated on the southern end of the neighborhood, which puts it just approximately a half mile away from the pristine beach of Naples and approximately one mile from the Mercado Shoppes! The area is quickly growing in popularity and gorgeous new homes. This location is key! Build your dream in the highly sought-after Naples Park.
The email from the county with confirmation is available per request. This lot specifically has the following setbacks for building: Front Yard: 25', Side Yards: 7. 5', Rear Yard: 20', Rear Yard -
Accessory: 10'. Also, it is NOT in a flood zone. This lot is zoned RMF-6 which allows for building types to include: a single-family, two-family, or multi-family residences having a low profile silhouette, surrounded by open space. Please seek additional information from Collier County Zoning.
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Our Executive Mortgage Banker:
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$875,000
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 | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,540 | $4,310 | $6,194 |
Total Monthly Payment | $4,632 | $4,402 | $6,286 |
* 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.