1061 Michigan AVE, Naples, FL, 34103 | $650,000

Discover Your Perfect Getaway in Naples, Florida! Welcome to your dream retreat! This charming 2 bed, 2 bath mid-century Naples cottage is an oasis just 1 mile from the pristine white sands of the Gulf of Mexico. Step into this immaculate open-concept home where every detail has been meticulously attended to. The updated kitchen boasts stainless steel appliances, Spanish tile, and ceiling fans to keep you comfortable year-round. Key features include a prime location: Only 1 mile from the Gulf of Mexico's white sandy beaches. Your beach body is just a short walk away—no car required! You get a spacious open concept, and an immaculate and inviting atmosphere, perfect for practicing your HGTV home tour skills. You have an updated kitchen featuring a stainless steel stove, refrigerator, and Spanish tile flooring—because who doesn’t want to cook with style? Don't forget the outdoor oasis: well-maintained landscaping, plenty of parking, and a spacious backyard perfect for gatherings or serene relaxation. Great for those “accidental” Instagram photo shoots. It is extremely convenient: close to grocery stores, coffee shops, restaurants, churches, and entertainment options. Forget something? It’s probably within walking distance. The proximity to downtown is highly desirable: just minutes from Downtown 5th Ave and some of the best sandy beaches in the country. Your social calendar just got a whole lot busier. Notable Places Nearby:
Naples Botanical Garden: A beautiful 170-acre garden showcasing tropical and subtropical plants from around the world. Perfect for when you need a break from your perfectly landscaped backyard. Corkscrew Swamp Sanctuary: Explore this 13, 000-acre preserve with a 2. 25-mile boardwalk through pine flatwoods, wet prairie, and marshlands. Nature is calling, and you’re going to want to answer. Revs Institute: A museum dedicated to the preservation of automotive history with over 100 rare cars on display. A car lover’s dream and a great place to take that one friend who thinks they’re a race car driver. Shopping and Dining: Close to the best shopping and dining options in Naples, making it a haven for gourmands and fashion enthusiasts alike. This beautiful cottage is waiting for your personal touches. With HVAC installed in 2010, a water heater from 2010, a new roof in 2023, and an updated electrical system from 2016, all the major work has been done for you. Plus, a 4-point inspection was completed in June 2024 for your peace of mind. Don't miss out on this fantastic opportunity to invest in a winter retreat or a lucrative rental property. Come take a break and place your feet in the sand today!

Features

  • Amenities: None
  • Bedrooms: 2
  • Baths: 2 full
  • Style: 1 Story/Ranch
  • Development: BAD AXE
  • Year Built: 1956
  • Heating: Central Electric
  • Cooling: Central Electric
  • Approx Sq. Feet: 926
  • Acreage: 0.15
  • Est. Taxes: $1,902
  • Lot Desc: Regular
  • View: Landscaped Area
  • Community Type: Non-Gated
  • Pet Policy: No Approval Needed
  • MLS#: 224058585
  • Website: https://www.raveis.com
    /prop/224058585/1061michiganave_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 Exit Realty of Naples

William Raveis Family of Services

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888.699.8876

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Our family of companies offer our clients a new level of full-service real estate. We shall:

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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
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@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

1061 Michigan AVE, Naples, FL, 34103

$650,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $520,000 $520,000 $520,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 5.990% 4.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.429% 6.149% 5.152%
Monthly Tax Payment $159 $159 $159
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,118 $3,114 $4,078
Total Monthly Payment $3,368 $3,364 $4,328

* 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.