One of a kind Aqualane Shores building site featuring 181 ft of waterfront and 238 ft of street frontage lined with beautiful mahogany trees. This property measures approximately 27, 400 sq. ft. (. 63 acres) and is virtually twice the size of a standard Aqualane Shores lot. Here is an opportunity to build your new custom estate home with lots of green space, multiple garages, a spacious swimming pool and extensive dockage for your fleet of boats. Car collectors dream! Lot size allows for garages to accommodate as many as 8-10 cars with the use of lifts. Build a spectacular new boat house over the 60 ft cut in boat slip. There is plenty of space to build a separate pool cabana or detached garage with cabana/guest quarters above. This property sits one house away from Naples Bay providing views of the bay from your dock and second story of your new home. Towering royals, coconut palms, gumbo limbo and mango trees add to the uniqueness of this amazing estate sized property. The lot is located at the very end of 18th Ave South in a private setting, walking distance to the beach and 3rd street shopping and dining. This is the last of its kind in Aqualane Shores.
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Our Executive Mortgage Banker:
Our Insurance Division:
$9,900,000
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 | $7,920,000 | $7,920,000 | $7,920,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $51,369 | $50,713 | $69,537 |
Total Monthly Payment | $51,494 | $50,838 | $69,662 |
* 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.