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702 107th AVE N, Naples, FL, 34108 | $1,199,000
Discover an exceptional investment opportunity at 702 107th Avenue North, nestled in the vibrant and sought-after community of Naples Park, FL. This charming residence offers a perfect blend of comfort, style, and potential, making it an ideal choice for both homeowners and investors alike.
As you step inside, you'll be greeted by a spacious and inviting layout that spans 1, 856 square feet. The home features three well-appointed bedrooms and two updated bathrooms, providing ample space for relaxation and privacy. Additionally, there's a versatile den that can easily be converted into a fourth bedroom, and there is potential to convert part of the back living room into a fifth bedroom, catering to your family's growing needs or the high demand for larger short term rental homes in the area.
One of the standout features of this property is the newly installed pool with a hot tub, perfect for enjoying the sunny Florida weather. Imagine lounging by your private pool, taking a refreshing dip, or unwinding in the spa after a long day. The oversized 72x135 corner lot provides plenty of space for outdoor activities, making it a true oasis.
The true value of this property lies in the detached 500-square-foot garage. This versatile space offers endless possibilities, whether you envision it as a pool cabana, an in-law apartment, or a creative studio. The garage's potential adds significant value to the property, enhancing its appeal for various uses and dramatically increasing the nightly rental rates and demand.
For those considering investment opportunities, Naples Park is a fantastic neighborhood with no HOA rental restrictions, making it perfect for short-term rentals. With the rental season just around the corner, this property is poised to become a lucrative investment. The furniture is negotiable, offering a turnkey solution for those looking to start renting immediately.
Whether you're looking for a family home, a vacation retreat, or an investment property, 702 107th Avenue North is a rare find that combines location, potential, and lifestyle.
Features
- Amenities: None
- Bedrooms: 3
- Baths: 2 full
- Style: 1 Story/Ranch
- Development: NAPLES PARK
- Year Built: 1970
- Garage: 2-car Detached
- Heating: Central Electric
- Cooling: Central Electric
- Approx Sq. Feet: 1,856
- Acreage: 0.22
- Est. Taxes: $10,268
- Lot Desc: Corner,Oversize
- View: Landscaped Area
- Community Type: Non-Gated
- Private Pool: Yes
- Pet Policy: No Approval Needed
- MLS#: 224090954
- Website: https://www.raveis.com
/eprop/224090954/702107thaven_naples_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
702 107th AVE N, Naples, FL, 34108
$1,199,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $959,200 | $959,200 | $959,200 |
| 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 | $856 | $856 | $856 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,142 | $6,142 | $8,422 |
| Total Monthly Payment | $7,123 | $7,123 | $9,403 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388