Introducing Lake Avalon Villas of Naples! This is a unique, limited New Construction Real Estate Fractional Ownership opportunity! Rarely does an offering to own a new construction villa come along this close to the beaches and 5th Ave in Downtown Naples for this price point! These elegantly appointed ranch villas include spacious living areas, generous bedrooms, nicely appointed baths, private pool area with pool house and an attached garage. All are fully furnished, professionally managed, maintenance free, truly turnkey villas allowing you to move right in! Convenient for seasonal or visiting guests! Close to everything including Lake Avalon Park, East Naples Community Park (Home of the US Open Pickleball Championships!), Waterside Shops, Sunset Pier and Beach, Tin City, Naples Zoo, Dolphin Tours, Boating, Exotic car gatherings, World Class Golf, Luxurious Spas, and the finest dining all minutes away! This introductory pricing is for a limited time only so don't let an opportunity to own your piece of the Sunshine State slip away!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$14,900,000
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 | $11,920,000 | $11,920,000 | $11,920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | $1,331 | $1,331 | $1,331 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $75,343 | $76,325 | $103,836 |
Total Monthly Payment | $76,799 | $77,781 | $105,292 |
* 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.