Experience one of the last remaining buildable waterfront estate lots in the coveted Royal Harbor community! This exceptional property offers a brand-new roof, freshly painted exterior, and a rare opportunity to live the ultimate Florida lifestyle. Whether you're a retiree looking for a beautifully renovated waterfront home or a visionary ready to design your dream estate, this property delivers the perfect canvas. With over 200 feet of prime water frontage, this boater’s paradise features a new composite dock and two boat lifts, which could be easily adapted to accommodate a large yacht. Situated at a higher elevation, this home remained unaffected by Hurricane Ian’s flooding, ensuring peace of mind for future owners. Tucked away in a tranquil cul-de-sac with no through traffic, the property offers a private, serene setting with an enchanting blend of Old Naples charm and modern luxury. The interior is a masterpiece of design, with imported Italian cabinetry, elegant Italian tile flooring, and custom-cut granite throughout. Premium appliances from Wolf, Sub-Zero, Bosch, and Miele elevate the kitchen and living spaces. The spacious master suite features a custom open-closet system and a private patio overlooking the pool and expansive water views, perfect for enjoying stunning sunsets. The guest bath is a true sanctuary, complete with art glass tile and custom granite detailing. Step outside to your private pool and spa, surrounded by lush, meticulously designed landscaping, including towering palms and a park-like atmosphere. Whether relaxing by the water or strolling down to your dock to watch dolphins play, you’ll feel like you’re living in your own secluded paradise. With no-bridge access to the Gulf of Mexico, you can set sail from your backyard directly into the open waters. This is a rare opportunity to secure a prime waterfront location to live in now or build the home of your dreams. Don’t miss out—this property won’t last long.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,997,500
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 | $3,998,000 | $3,998,000 | $3,998,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.274% | 6.723% | 6.932% |
Monthly Tax Payment | $2,032 | $2,032 | $2,032 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $26,599 | $25,600 | $35,379 |
Total Monthly Payment | $28,756 | $27,757 | $37,536 |
* 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.