Experience luxury and prestige at its finest in Mangrove Bay, just a short stroll from Naples’ iconic 5th Avenue. This exceptional 3-bedroom plus den, 4. 5-bathroom home with a 6-car garage epitomizes downtown living. Available for both seasonal and annual leases, it offers breathtaking views of the Gordon River. The gourmet kitchen showcases top-of-the-line finishes, custom cabinetry, high-end Thermador appliances, a natural gas range, a Sub-Zero wine refrigerator, and stylish décor throughout. The expansive primary suite is designed with a king-sized bed for ultimate comfort, and each guest bedroom also features a king-sized bed. A private elevator provides easy access to all three floors. With over 2, 900 square feet of outdoor living space, this home is perfect for entertaining. The outdoor area includes a gourmet kitchen, fireplace, and a massive pool area designed for relaxation. The resort-style pool boasts a negative edge, custom water feature, and spa, offering a true oasis experience. This stunning home also features a 6-car garage and a dedicated boat garage. No detail has been overlooked, embodying the pinnacle of Naples living at its finest. Construction is complete and CO is expected in December. Photos will be added once the property is fully furnished. Annual rate is $30, 000/month.
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Our Executive Mortgage Banker:
Our Insurance Division:
$60,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $48,000 | $48,000 | $48,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $327 | $319 | $405 |
Total Monthly Payment | $402 | $394 | $480 |
* 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.