Ideally located on 7th Avenue North, directly across the street from stunning lake views, this exquisite Olde Naples home embodies coastal elegance and convenience. Offering three bedrooms, two baths, and easy walkability to the beach, this single-story residence is perfect for those seeking a serene yet vibrant lifestyle. As you enter, you'll be greeted by an abundance of natural light pouring through impact-resistant windows, illuminating the new luxury vinyl flooring that flows throughout the home. The updated landscaping and native Florida fauna enhance the property's curb appeal. The interior features include updated bathrooms and mud/utility room with ample storage adding to the home's functionality. Step outside to discover your private oasis including a fully fenced backyard with a dedicated dog run on the west side, ideal for your furry family members. The pool area boasts a newly laid shell stone marble deck, perfect for entertaining, alongside a spa and water feature that adds to the tranquil ambiance. The front porch invites you to relax and enjoy the picturesque North lake views, with no neighbors directly across the street ensuring your privacy and exclusive views. Additional highlights include a circle driveway for easy access and overflow guest parking, all impact windows and doors for added safety, and a third bedroom currently utilized as a den. Recent renovations include a brand new metal roof, fresh paint throughout, new cabinets and backsplash in the kitchen, new kitchen appliances (fridge, stove, hood, dishwasher), and a custom-built living room entertainment cabinet. This property is not only a beautiful home but also a potential investment opportunity, as it could serve as the ideal homesite for a new build or a comfortable residence until you are ready to build your dream home. With its prime location just three blocks to the beach and close to the new Four Seasons Resort, this Olde Naples gem offers the perfect blend of luxury and convenience. Furnishings are negotiable, making this an optimal opportunity for the discerning buyer.
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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 | $2,799,200 | $2,799,200 | $2,799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.333% | 6.876% | 6.936% |
Monthly Tax Payment | $1,326 | $1,326 | $1,326 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,156 | $18,156 | $24,770 |
Total Monthly Payment | $19,607 | $19,607 | $26,221 |
* 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.