540 4TH AVE S, Naples, FL, 34102 | $585,000

Experience the quintessential Naples lifestyle with ease, as this property is perfectly situated within a short stroll to the vibrant 5th Avenue and world class, sugar sand beaches. This completely renovated, 1st floor condo is newly remodeled and boasts an array of luxurious features designed for the discerning homeowner. Step inside to discover a stunning open-concept living space adorned with beautiful hardwood flooring that exudes warmth and elegance. The inviting kitchen features sleek stainless steel appliances and pristine white quartz countertops that offer both style and functionality. The spacious bathroom showcases a glass-enclosed shower that adds a touch of spa-like tranquility to your daily routine. Every detail in this unit has been carefully curated to provide a seamless and simple lifestyle. Pets are allowed and there is a liberal rental policy for potential investors. Don't miss the opportunity to live at The Essex House, one of Naples' most coveted locations within walking distance to the beach, where modern luxury meets timeless charm.

Features

  • Building Design: Low Rise (1-3)
  • Parking: 1 Assigned
  • Heating: Wall Unit
  • Cooling: Window Unit
  • Levels: 1
  • Amenities: Community Pool
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: ESSEX HOUSE
  • Development: OLDE NAPLES
  • Year Built: 1964
  • Approx Sq. Feet: 580
  • Est. Taxes: $2,756
  • Condo Fee: $1,557 Quarterly
  • Lot Desc: Zero Lot Line
  • View: Landscaped Area
  • Community Type: Non-Gated
  • Pet Policy: Limits
  • MLS#: 224050025
  • Buyer Broker Compensation: 3.00%
  • Website: https://www.raveis.com
    /raveis/224050025/5404thaves_naples_fl?source=qrflyer
Courtesy of

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Joseph CaveneyLuxury Properties Specialist

978.549.9195

Joe.Caveney@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

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
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Florida Insurance TeamInsurance Sales Director, William Raveis Insurance

561.704.7334

FLInsure@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

540 4TH AVE S, Naples, FL, 34102

$585,000

Joseph Caveney

Luxury Properties Specialist

William Raveis Real Estate

Phone: 978.549.9195

Joe.Caveney@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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $468,000 $468,000 $468,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.125% 5.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.490% 6.273% 5.278%
Monthly Tax Payment $230 $230 $230
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,958 $2,844 $3,701
Total Monthly Payment $3,280 $3,166 $4,023

* 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.