This 2600 square foot Bay Colony Salerno tower residence is known for its stunning SW panoramic Gulf and never-ending sunset views, to be ever enjoyed from both its overly spacious lanai as well as all main living areas. Offering a concierge-style level of living, Salerno includes a staffed 24/7 front desk, fabulous resort-style pool, spa, and outdoor experience, designer-perfect lobby and social gathering room, along with a private elevator which sweeps you directly to your own 3 Bedroom, 3 Bath Sky Home! Old-world tumbled marble floors throughout the main living areas provide both beauty and function. Chef’s kitchen and owner’s bath updates are a plus! A tower of just 69 residences, Salerno touts remastered Lobby and Amenities including 3 Guest Suites, reflecting a commitment to exceeding the desires of a discerning buyer, ensuring every aspect of the Salerno Tower experience exudes quiet sophistication within an intimate, prestigious living environment, perfect for those who appreciate tranquil luxury. Enjoy the prestige of a World Class menu of both Bay Colony and Pelican Bay included membership privileges: 3 private Beachfront Dining Clubs to call your own, located on 2½ miles of pristine sugar white sandy beach, attended Beachfront services, 3 active Tennis Clubs, miles of nature walking and bike paths, state-of-the-art Fitness, plus Community Lifelong Learning and Wellness Center. Artis Naples Center for the Performing Arts, Mercato, and Waterside Shops all just steps away.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,990,000
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 | $2,392,000 | $2,392,000 | $2,392,000 |
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 | $1,331 | $1,331 | $1,331 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,514 | $15,316 | $21,002 |
Total Monthly Payment | $16,970 | $16,772 | $22,458 |
* 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.