A strong competitor for superior value in the Olde Naples single-family market. Situated in the heart of Old Naples on one of its most charming streets, steps to Gulf beaches and the shops and restaurants on 5th Avenue South and 3rd Street South, and walkable to the Naples marina, this is a furnished, 2-story home built in 2014 that exudes casual elegance and is the epitome of Florida living. Designed by Jeff Harrell and Associates, this 3-bedroom plus den, 4. 5-bath townhome features an open floor plan with soaring ceilings, floor-to-ceiling windows and an abundance of all-day natural light. Note the light oak, wide-plank floors; quartz counter-tops; modern ceiling fans and designer light fixtures throughout. The chef’s kitchen has superior appliances - oven/cook-top (Viking), wine cooler (Uline), convection microwave (Miele), refrigerator freezer (Miele), and dishwasher (Miele). The huge center island serves as a dining destination, a preparation space or buffet serving station. Toward the front of the house, there is a first-floor guest suite tucked away for privacy. The lushly landscaped and very private lanai, accessible from the great room or the kitchen through multiple French doors, also features a covered and screened seating/dining area with gas fireplace and gas grill and a cabana bath. Around the sun drenched 32’ pool and spacious spa? Dramatic fire bowl and soothing waterfalls. This is the perfect spot for relaxing or entertaining, day or night. On the second floor, a spacious guest suite. In addition: The over-sized primary suite features dual, walk-in closets fitted for maximum functionality and a floating tub plus large separate shower. Over the garage and accessible from the main residence or by a separate entrance from the alleyway, a versatile space to use as a den/office/fitness center or guest cabana with refrigerator and private bath. Additional features: impact-rated windows and doors throughout; automated window coverings; 48-kw Kohler whole house generator; tankless hot water heater; two A/C units w/separate zones (one replaced in August 2024); an AC split in the oversized, 2-bay garage accessed from the alley; spacious laundry room with laundry sink and front-loading washer and dryer (Whirlpool Duet); new Jandy pool system July 2024. Note: this part of Naples is served by natural gas “in the ground”: the generator, water heater, pool heater, gas cooktop, outdoor grill, outdoor fireplace and fire bowl features are gas-powered.
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Our Executive Mortgage Banker:
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$4,695,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,756,000 | $3,756,000 | $3,756,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $1,991 | $1,991 | $1,991 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $24,050 | $24,361 | $32,977 |
Total Monthly Payment | $26,166 | $26,477 | $35,093 |
* 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.