Unrivaled to any current open market offering, this sophisticated Stofft Cooney designed beachfront residence is located down a private lane with gated entry and offers approximately 100 feet of resplendent frontage. The entire residence is aptly designed to showcase the dynamic and endless Gulf of Mexico views from every vantage point of the interior and exterior environs. Adjacent to the main living space, allowing for seamless entertaining, the eat-in kitchen hosts an oversized island, copious counterspace topped in exotic stone, top-tier appliances such as Wolf and SubZero, as well as a walk-in pantry and bar with undermount wine cooler. Corner-edge sliders give way to the expansive exterior living terraces and walkways that envelope the rear elevation. Outdoor areas are set for enjoyment and entail a loggia equipped with a full outdoor kitchen and dining area, wood clad ceilings, an elevated spa where one can revel in spectacular sunsets year-round, as well as a separate seating area surrounding a built-in gas fire pit. Three graciously sized guest suites, two of which have terrace access, complete the main living level. The top-level master suite is a world of its own with its private Gulf-front terrace, oversized picture windows showcasing front-row-seats of the Naples Pier, and its lavish bathroom with massive soaking tub, walk-in shower, and secondary laundry in the dressing room. Located on the ground level surrounded by a verdant Zoysia lawn, a sprawling 48' long pool and sun shelf backdropped and coated in mosaic tile offer the perfect retreat during warmer days. Other noteworthy enhancements include a private beach access gate, elevator, generator, Savant Smart Home System, Lutron lighting system, electric blinds, storm screens, sports court, and so much more. When the need for adventure ensues, all that Downtown Naples has to offer, including the chic boutiques and eateries of Third Street South and Fifth Avenue South, are just seconds away. This residence did not receive any water intrusion from Hurricane Ian.
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Our Executive Mortgage Banker:
Our Insurance Division:
$25,900,000
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 | $20,720,000 | $20,720,000 | $20,720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | $13,599 | $13,599 | $13,599 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $130,964 | $132,672 | $180,493 |
Total Monthly Payment | $144,688 | $146,396 | $194,217 |
* 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.