101 8TH ST S, Naples, FL, 34102 | $1,375,000

Contemporary and nearly new downtown condo for the Sophisticated buyer/Savvy Investor. Centered in the exclusive new 8th St. corridor featuring all gorgeous new buildings with multi-million dollar condos at far higher prices. Den easily serves as a 2nd bedroom currently with twin beds. Short walk to Fifth avenue and the beach in true Olde Naples(W of 41). Unlike nearly any condos in Naples, this allows the flexibility of a single family home with the convenience of a condo. Rent it out short term year round to pet owners if you choose with no approval periods. Stunning imported real wood floors, huge West facing balcony and tastefully decorated. Take advantage of the perfect 1031 opportunity especially when combined with brand new 1125 Central # 461 or just enjoy a chic Pied-a Terre in the heart of downtown Naples!

Features

  • Building Design: Low Rise (1-3)
  • Parking: 1 Assigned,Under Bldg Open
  • Heating: Central Electric
  • Cooling: Central Electric
  • Levels: 3
  • Amenities: BBQ - Picnic,Bike Storage,Community Spa/Hot tub
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: SOCE FLATS
  • Development: OLDE NAPLES
  • Year Built: 2021
  • Approx Sq. Feet: 879
  • Est. Taxes: $7,805
  • Condo Fee: $3,200 Quarterly
  • Lot Desc: Other
  • View: City,Landscaped Area
  • Community Type: Condo/Hotel
  • Pet Policy: No Approval Needed
  • MLS#: 223077637
  • Website: https://www.raveis.com
    /eprop/223077637/1018thsts_naples_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Realty One Group MVP

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:

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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

101 8TH ST S, Naples, FL, 34102

$1,375,000

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 $1,100,000 $1,100,000 $1,100,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $650 $650 $650
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,135 $7,043 $9,658
Total Monthly Payment $7,910 $7,818 $10,433

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.