Welcome to your slice of paradise in North Naples! Nestled within the exclusive Pelican Ridge community, this two-story townhouse offers the perfect blend of luxury, convenience, and coastal living. Located just steps away from Mercato's vibrant shopping and dining scene, while also being just over one mile from Vanderbilt Beach. This highly desired spacious end-unit boasts 2022 HVAC, updated with Kraftmaid maple cabinets, stainless appliances, pecan wood floors, upgraded baseboards downstairs, high capacity kenmore washer & dryer, JenAir refrigerator with 2017 compressor, insulated attic, 2024 HWH & updated bathrooms. Step outside onto the spacious lanai – perfect for entertaining or taking advantage of Naples’ evening weather or step out into your private enclosed courtyard. Convenience is key with an oversized one-car attached garage, providing secure parking and additional storage space. This unit sits within a quiet courtyard with additional common area for extra privacy. Experience the best of coastal living in North Naples – schedule a showing today and make this your new home sweet home at Pelican Ridge!
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $440,000 | $440,000 | $440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $115 | $115 | $115 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,964 | $2,924 | $3,711 |
Total Monthly Payment | $3,171 | $3,131 | $3,918 |
* 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.