271 Southbay DR, Naples, FL, 34108 | $948,500

Panoramic wide Bay Views from the top floor! The most amazing location in all of Barefoot Pelican! Fabulous end unit allows lovely morning sun to stream through the side windows. Take in the sights and sounds of residing on the water! Watch the sunrise and the boats going by from the glorious 5th floor with nobody above you. Gated waterfront community includes deeded boat dock #11 with direct access to the gulf!
Enjoy just steps to white sugar sand and the Ritz! Adjacent to Ritz Carlton Residences of Naples which certainly makes for great neighbors! Remodeled coastal contemporary with clean lines, impact windows, updated neutral custom kitchen cabinetry with granite tops & stainless steel appliances is perfect for entertaining! Gated waterfront community, on-site manager, meeting/game room and beautiful landscaping grace the entranceā€¦ you know you have arrivedā€¦ Walk in and start enjoying your turnkey beach getaway immediately! Beautiful touches throughout such as plantation shutters, 18 inch Porcelain tile, & recessed lighting. Open split floor plan allows privacy for the primary bedroom complete with en-suite bath and stunning views of the bay. The guest bedroom is with comfortable size with adjacent guest bath.
Convenient bike racks, under building parking space #155 is included and additional storage too!
Amenities include gated entrance, brand new sparkling heated pool/spa in the design stage plus BBQ grills.
Excellent investor opportunity! The best rental opportunity in Vanderbilt Beach with the attractive
Bi-weekly rental policy and unheard of 7 day minimum stays from April through December!
Stroll across the street to the Ritz, The Turtle Club or The Lighthouse for lunch or in the evening for fine dining or enjoy The la Playa or the casual Beachront Limbo Gumbo bar at sunset directly on the sand! You will be impressed with the nearby Mercato for casual & upscale dining, plethora of shopping, galleries, theater, night entertainment, car shows, & multitude of exciting venues!
Not mention the vibrant Pavilion shopping with more fine resturants to choose from and easy access to theaters, Whole Foods, a community park with pickle ball and la Fitness. Everything is at your finger tips!!!
This is the ultimate in Naples lifestyle across from the Ritz, complete with spectacular sunsets and the beautiful white sugar sand of Vanderbilt Beach right outside your front door! Enjoy!!!

Features

  • Building Design: Mid Rise (4-7)
  • Parking: 1 Assigned,Guest,Under Bldg Open
  • Heating: Central Electric
  • Cooling: Central Electric
  • Levels: 1
  • Amenities: BBQ - Picnic,Bike Storage,Boat Storage,Community Gulf Boat Access,Community Pool,Community Spa/Hot tub,Fish Cleaning Station,Internet Access,Streetlight,Vehicle Wash Area
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: BAREFOOT PELICAN
  • Development: VANDERBILT BEACH
  • Year Built: 1984
  • Approx Sq. Feet: 1,056
  • Est. Taxes: $1,466
  • Condo Fee: $3,847 Quarterly
  • Lot Desc: Zero Lot Line
  • View: Bay
  • Community Type: Boating
  • Water Front: Yes
  • Boat Access: Boat Slip,Dock Deeded
  • Pet Policy: Limits
  • MLS#: 224044866
  • Website: https://www.raveis.com
    /prop/224044866/271southbaydr_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 John R Wood Properties

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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271 Southbay DR, Naples, FL, 34108

$948,500

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 $758,800 $758,800 $758,800
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.014% 7.082%
Monthly Tax Payment $122 $122 $122
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,112 $4,985 $6,767
Total Monthly Payment $5,326 $5,199 $6,981

* 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.