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Presented by
Madleine Porter |
2670 Storter AVE, Naples, FL, 34112 | $895,000
Dreaming of building your perfect home or multiple investment properties? Looking to remodel for rental income while planning your new construction, or hold onto a valuable piece of land as it appreciates over time? This property offers endless possibilities for the savvy investor looking to secure a property in one of Naples' fastest-growing neighborhoods! The Bayshore Art District has become Naples' top destination for new construction and redevelopment. The Naples Botanical Garden, Celebration Park with music and entertainment, East Naples Community Park with 64 pickleball courts and a stadium, Rebecca's Wine Bar, art galleries, a public boat ramp, boat rentals, and more are all within walking distance.
The property offers southern exposure, is completely fenced in and currently features a single-family residence with 3 bedrooms and 1 bathroom, which can be remodeled into a profitable investment property. A fully air-conditioned workshop/studio built in 2016 sits at the back of the property, complete with another bathroom, which can also be used or rented out separately. With no rental restrictions and no HOA restrictions, this is the perfect opportunity for short-term rentals to maximize income. Alternatively, it can simply be your own ideal home, offering tranquility and a peaceful sanctuary within beautiful Naples. Additional perks for the buyer include potential impact fee credits of at least $26, 300, and the potential possibility to build 4 properties instead of just 3. Documentation pertaining the credits and zoning is available, however, buyers should conduct their own due diligence. Ideally located just 5 minutes (less than 3 miles) from the Beach and the vibrant Downtown 5th Avenue, you'll be close to art exhibitions, farmers markets, parks, gyms, excellent dining and boutique shopping. Don't miss out on this prime opportunity. Property ID 81732560002 (1. 5 lots) and PID 8173520000 (1. 5 lots) total 0. 47 acres and are being sold together, as-is.
Features
- Amenities: None
- Bedrooms: 3
- Baths: 2 full
- Style: 1 Story/Ranch
- Development: WHISPERING PINES
- Year Built: 1961
- Garage: 1-car Detached
- Heating: Central Electric
- Cooling: Central Electric
- Approx Sq. Feet: 2,107
- Acreage: 0.47
- Est. Taxes: $1,006
- Lot Desc: 3 Lots
- View: Wooded Area
- Community Type: Non-Gated
- Elem. School: AVALON ELEMENTARY
- Middle School: GULFVIEW MIDDLE SCHOOL
- High School: NAPLES HIGH SCHOOL
- Pet Policy: No Approval Needed
- MLS#: 224050877
- Website: https://www.raveis.com
/raveis/224050877/2670storterave_naples_fl?source=qrflyer
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.
Madleine PorterLuxury Properties Specialist
239.529.7747
Madleine.Porter@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
Evelio MirandaInsurance Sales Director, William Raveis Insurance
561.704.7334
Evelio.Miranda@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
2670 Storter AVE, Naples, FL, 34112
$895,000
Madleine Porter
Luxury Properties Specialist
William Raveis Real Estate
Phone: 239.529.7747
Madleine.Porter@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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $716,000 | $716,000 | $716,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 7.000% | 6.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.838% | 7.141% | 6.997% |
| Monthly Tax Payment | $84 | $84 | $84 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,824 | $4,764 | $6,336 |
| Total Monthly Payment | $5,000 | $4,940 | $6,512 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388