1962 Terrazzo LN, Naples, FL, 34104 | $1,050,000

Amazing opportunity right now in the beautiful community of Briarwood! This spacious 4 bedroom, 3 bath open floor plan WATERFRONT property features preferred SOUTHERN EXPOSURE for all day sun, BRAND NEW ROOF 2024, a WELL FOR IRRIGATION, fresh paint inside and outside, new concrete stamped driveway, STAINLESS STEEL kitchen appliances, and lake views from 3 of the 4 bedrooms! Fish the lake from your backyard! This model boasts 2 primary bedrooms, both en-suite, both with private doors to the enclosed pool! HOA only $350/quarter! This community is only approx. 5 miles or 15 minutes from the beach & exquisite shopping & dining district of Olde Naples. Briarwood also boasts 24-hour security guards at the gate, miles of sidewalks, pickleball & tennis courts, basketball court, beach volleyball court, a heated pool, a lap pool, community room, and tot lot. Investors, Briarwood allows weekly rentals and can be quite profitable during season & throughout the year.

Features

  • Amenities: Basketball,Bike And Jog Path,Community Park,Community Pool,Community Room,Lap Pool,Pickleball,See Remarks,Sidewalk,Streetlight,Tennis Court,Volleyball
  • Bedrooms: 4
  • Baths: 3 full
  • Style: 1 Story/Ranch
  • Development: BRIARWOOD
  • Year Built: 1999
  • Garage: 2-car Attached
  • Heating: Central Electric
  • Cooling: Central Electric
  • Approx Sq. Feet: 2,351
  • Acreage: 0.17
  • Est. Taxes: $3,244
  • Master HOA Fee: $350
  • Lot Desc: Regular
  • View: Lake
  • Community Type: Gated
  • Water Front: Yes
  • High School: NAPLES HIGH SCHOOL
  • Private Pool: Yes
  • Pet Policy: With Approval
  • MLS#: 224048975
  • Website: https://www.raveis.com
    /eprop/224048975/1962terrazzoln_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 WATERFRONT REALTY GROUP INC

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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

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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1962 Terrazzo LN, Naples, FL, 34104

$1,050,000

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 $840,000 $840,000 $840,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.545% 6.748% 6.932%
Monthly Tax Payment $270 $270 $270
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,448 $5,379 $7,433
Total Monthly Payment $5,843 $5,774 $7,828

* 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.