425 Cove Tower DR, Naples, FL, 34110 | $1,375,000

LIVE THE GOOD LIFE! Experience luxury living at 425 Cove Tower Drive, Unit 1201. The "01" end unit is rarely available with an wrap around balcony and endless views of the Bay, Gulf of Mexico & Mangroves. The Cove Towers is a North Naples "Hidden Gem" less than 1 mile to the Gulf, directly on Wiggins Pass. This elegant 12th-floor end unit boasts 3 bedrooms, 3 bathrooms, plus den and over 2400 square feet of space. Enjoy breathtaking sunrise & sunsets bay and water views while having your morning coffee or relaxing with cocktails overlooking the beautiful bay evening lights. Robb and Stucky decor, recent updates are attractive "Wood floor" Mohawk Vinyl plank that has natural wood grain & stunning tile in the kitchen and dining room non-slippery ceramic tile. The amenities include beach access, har tru tennis courts, bocce ball, fitness center, clubhouse with dining, a tiki bar, fire pit and pool, golf reciprocity, the Endless Summer Boat Shuttle to the beach, boat slips available for lease/purchase, Membership at the Tarpon Cove Yacht and Racquet Club is available. Don't miss the chance to own this remarkable residence and indulge in the Naples coastal lifestyle. This is an excellent investment.

Features

  • Building Design: High Rise (8+)
  • Parking: Common,Guest,Under Bldg Open
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 18
  • Amenities: BBQ - Picnic,Beach Access,Bike Storage,Clubhouse,Community Boat Dock,Community Pool,Community Spa/Hot tub,Exercise Room,Internet Access,Marina,Private Membership,See Remarks,Tennis Court,Trash Chute,Underground Utility,Vehicle Wash Area
  • Bedrooms: 3
  • Baths: 3 full
  • Complex: CARIBE AT COVE TOWERS
  • Development: COVE TOWERS
  • Year Built: 2001
  • Approx Sq. Feet: 2,491
  • Est. Taxes: $8,509
  • Condo Fee: $4,220 Quarterly
  • Master HOA Fee: $1,768
  • Lot Desc: Other
  • View: Bay,Canal,Gulf,Gulf and Bay,Water
  • Community Type: Boating,Gated,Tennis
  • Water Front: Yes
  • Boat Access: Dock Lease,Dock Purchase,Water Avail at Dock
  • Pet Policy: With Approval
  • MLS#: 224016165
  • Website: https://www.raveis.com
    /prop/224016165/425covetowerdr_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 McQuaid & Company LLC

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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425 Cove Tower DR, Naples, FL, 34110

$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 7.406% 6.762% 6.830%
Monthly Tax Payment $709 $709 $709
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,135 $7,043 $9,658
Total Monthly Payment $7,969 $7,877 $10,492

* 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.