Discover the water front allure of 211 1st Street the coveted luxury designed Water front Osprey Model with state of the art Boat Dock in the sought-after Little Hickory Shores location. This is a boater's Dream Home with direct access to the back bays and Gulf of Mexico this is Collier Counties little secret boasting the ultimate boater lifestyle and beach goers dream. This waterfront haven is being custom built by renowned builder New Era Construction, boasting 4 bedrooms/Den or 4th bedroom and 3. 5 baths, it is a collaborative masterpiece designed by Naples finest residential architect. Built to current federal and state flood elevation for 2024. Step into this amazing Great Room from an expansive entry or 2 stop elevator where soaring ceilings guide you to spacious living spaces. Access to an outdoor living Veranda with outdoor grill blends indoor and outdoor spaces through expansive walls of windows. The stunning pool, complete with an oversized dock and lift, is surrounded with composite decking, providing a captivating view of the canal footage, new lift for your personal watercraft. An expansive covered lanai makes outdoor entertaining grand. The 4 plus garage defines luxury space for the toys of your dreams capable to store boats, cars, golf carts, a garage lovers dream. The Chef's Kitchen showcases top of the line appliances, including a Sub Zero fridge, Freestanding Wolf dual fuel range, custom cabinetry, quartz countertops, and an oversized island. Large walk-in pantry awaits with the dual purpose laundry room. The primary Owners suite is an oasis comprises a spacious bedroom, spa-like, en-suite Bath with a freestanding soaking tub, double vanities, water closet, and a massive walk-in closet. With 3 additional guest suites, this residence is truly exceptional—crafted to perfection and offering a luxurious lifestyle beyond compare. Currently under construction estimated completion November/December 2024 ready for your seasonal or fulltime beach lifestyle. Virtual Staged photos with current construction updates.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,799,000
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 | $3,039,200 | $3,039,200 | $3,039,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.864% | 6.725% |
Monthly Tax Payment | $806 | $806 | $806 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,460 | $19,712 | $26,475 |
Total Monthly Payment | $20,391 | $20,643 | $27,406 |
* 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.