Take advantage of this opportunity to purchase Bayshore Inn and Docks, an established waterfront, 10-unit Boutique Hotel that includes 2864 Gulfview Dr, a 3 bedroom, 2 bath house and consider the potential for additional development. The seller has multiple adjacent properties for sale totalling one acre (. 99) of waterfront commercial real estate with direct Gulf access. Additional Property 1: MLS# 224054657; 2865 Riverview Drive is an undeveloped half-acre zoned Hotel/Motel, C4 and RMF-6. Property 2: MLS#224013460; 2881 Riverview Drive is zoned APZ (Accessory Parking Zone) and RMF6, opening a world of possibilities and additional upside for development. The Hotel has a private resort setting, lush grounds, and a heated swimming pool area that basks in Florida sunshine. The newly appointed Suites have direct access to new docks. No bridges, no hassle, be in the Gulf of Mexico in minutes. It's less than 2 miles to the beautiful Naples beaches and Downtown Naples by car, and Naples Bay by boat. This property is a turnkey vacation rental business, ensuring a hassle-free investment. It is located in the vibrant Bayshore community and is within walking distance to many restaurants and bars. Including Celebration Park, Rebecca's, The Real Macaw, Ankrolab, Bean To Cup and The Med and is in close proximity to Naples Botanical Gardens, Hamilton Harbor, Bayview Park, Sugden Park and East Naples Commuibty Park, home of the Pickleball World Tournament to name a few. Don't let this opportunity get away! To find out more, contact Broker Diane Sullivan.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,799,200 | $4,799,200 | $4,799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $775 | $775 | $775 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $30,730 | $30,730 | $42,137 |
Total Monthly Payment | $31,630 | $31,630 | $43,037 |
* 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.