425 Cove Tower DR, Naples, FL, 34110 | $1,048,500

Welcome to Caribe at Cove Towers. Wait until you see this 6th floor view. Encompassed in this open floor plan is 3 bedrooms, 2 full baths including an en-suite spa like bath and dual closets in the primary bedroom with views of the gulf and lanai access. Living in Naples is all about the lifestyle and this property showcases that at a high level. As you step inside to this fully renovated condo, the breathtaking views and elegant design immediately draws you in. The open floor plan seamlessly integrates the living, dining and kitchen areas creating a harmonious flow and casual sense of sophistication and comfort. The chef’s kitchen features a wine cooler, spacious eat-in peninsula with quartz countertops enhanced with under cabinet and overhead lighting. The expansive, comfortably furnished lanai with electric storm shutters is perfect for relaxing and savoring the stunning Gulf sunsets during the winter months. There is plenty of room for guests in the secondary bedrooms, with one currently serving as a study and another renovated full bath in the hallway. Spacious enough for year round living and could also serve as the perfect second home to just turn the key with nothing to worry about while you are out of town. Included is a membership to the Tarpon Cove Yacht and Racquet Club. A place to unwind, socialize, dine and play. Members can access one of Naples finest beaches without the hassle of parking directly from the dock at the Club, aboard the Endless Summer. Begin living the good life in Naples today.

Features

  • Building Design: Mid Rise (4-7)
  • Parking: 1 Assigned,Under Bldg Closed
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 1
  • Amenities: BBQ - Picnic,Beach Access,Beach Club Included,Bike Storage,Bocce Court,Community Pool,Community Spa/Hot tub,Electric Vehicle Charging,Exercise Room,Internet Access,Private Membership,Sidewalk,Streetlight,Tennis Court,Trash Chute,Underground Utility,Vehicle Wash Area
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Complex: CARIBE AT COVE TOWERS
  • Development: COVE TOWERS
  • Year Built: 2001
  • Approx Sq. Feet: 1,854
  • Est. Taxes: $6,757
  • Condo Fee: $3,091 Quarterly
  • Master HOA Fee: $1,768
  • Lot Desc: Zero Lot Line
  • View: Gulf and Bay,Mangroves
  • Community Type: Boating,Gated,Tennis
  • Water Front: Yes
  • Elem. School: NAPLES PARK ELEMENTARY SCHOOL
  • Middle School: NORTH NAPLES MIDDLE SCHOOL
  • High School: GULF COAST HIGH SCHOOL
  • Pet Policy: Limits
  • MLS#: 224054513
  • Website: https://www.raveis.com
    /prop/224054513/425covetowerdr_naples_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of KELLER WILLIAMS REALTY NAPLES

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NMLS Mortgage Loan Originator ID 16953

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425 Cove Tower DR, Naples, FL, 34110

$1,048,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $838,800 $838,800 $838,800
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 $563 $563 $563
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,371 $5,371 $7,365
Total Monthly Payment $6,059 $6,059 $8,053

* 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.