3. 66 total acres located on a Gulf access canal in the highly sought after Bayshore District. Zoning allows for up to 7. 26 units per acre, for a total of up to 26 residential units! Mobil homes, multi-family or single family are all permitted uses The property is adjacent to The Grove, a new development consisting of commercial storefronts and 31 residencial homes starting price in the low 2 million's This offering includes 2 properties, 3186 and 3200 Barrett Ave. 3200 Barrett Ave is a 3 bed, 2 bath, concrete block and frame construction home with an old 1015 square foot pole barn, leased for $4000 month to month. 3186 Barrett is a 3 bed 2 Mobil home leased for $2700 per month through Mar 2025. The property includes a private manmade lake that can be filled in for development. (See zoning verification letter in supplements), . A beautiful Old Florida property. It feels like you've stepped into a Clyde Butcher photograph. Paddle board or Kayak right out your front door. Enjoy all natural Florida has to offer. Beautiful birds and nature abound. Come see why Bayshore is one of the hottest markets in Naples. Walk to restaurants, bars, Botanical Gardens, enjoy events at Sugden Park, Pickleball, boating, and biking. All only 2 miles to downtown and Naples beaches. There are few opportunities to own a property like this in Naples!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,999,000
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 | $1,599,200 | $1,599,200 | $1,599,200 |
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 | $230 | $230 | $230 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,372 | $10,240 | $14,151 |
Total Monthly Payment | $10,727 | $10,595 | $14,506 |
* 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.