SUCH A BEAUTIFUL 150 FT DEEP, CLEARED LOT READY FOR YOUR NEWLY-CONSTRUCTED HOME! The beauty of this lot is 2-fold; it sits on one of the most impressive and beautiful spots on the Royal Palm Golf Estates public golf course, with only ONE neighbor (new construction pool home) to the side as it sits next to the golf course on the right with a small lake to the rear providing an amazing backdrop. To the south are rolling hills, green turf, watering fountain for the golfers, and provides some excitement watching the players put the ball into the hole. Your future brand new construction home will be amazing with the natural Florida habitat and water that beckons lots of wildlife, water birds, small fish, & sets the stage for waking up to beautiful sunrises in the AM from your primary en-suite, and glowing reflections of sunset skies against the lake as you will not have a house next to you on the south side, and there is a very nice gap between the existing home to the left and your future home. This is an AMAZING opportunity! Building new construction on this lot allows your home to have all the technological advances that have been made in the last few years such as AI-controlled home, having the best impact glass/wind resistant windows and doors, having the top of the line roof that you LOVE, having all the bells and whistles added to your swimming pool area, having a fantastic outside kitchen with bar, being able to view your home when traveling on vacation, view your home watch person and other contractors that will assist you in the care and maintenance of your brand new never-lived in property in one of the most desirable cities in the United States, Naples, Florida. The golf course is public & does not require any private-pay golf fees and has no moratorium to build in Royal Palm Golf Estates! Large concrete homes & estates continue to be built & land has become scarce due to absorbed inventory. If you have always wanted to build your dream home & love this creme-de-la-creme waterfront lot, look no further. A quiet golf community w/ ZERO mandatory GOLF fees, with the advantage of playing golf everyday & wine /dining on-site at the course's local bar & restaurant. Do not let this lovely lot slip away! Only one side neighbor! No time limit to build! This is the ONE!
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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 | $164,000 | $164,000 | $164,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,091 | $1,090 | $1,406 |
Total Monthly Payment | $1,166 | $1,165 | $1,481 |
* 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.