INVESTOR ALERT! UNIQUE DUAL-LOT OPPORTUNITY IN NORTH NAPLES! NO HOA!
This exceptional property in North Naples offers a rare investment opportunity with a move-in-ready 3-bedroom, 2-bathroom pool home on Lot 35 and a vacant, buildable Lot 34. The existing home features a brand-new roof installed in March 2024, ensuring comfort and reliability for either full-time living or use as a vacation rental.
Lot 33 can be split and is eligible for a single-family home, providing additional investment potential.
Located just 1. 5 miles from Delnor-Wiggins Pass State Park and 1. 8 miles from Vanderbilt Beach, this property is perfectly positioned for beach lovers and outdoor enthusiasts. Enjoy the convenience of nearby shopping and dining with Mercato only 1. 3 miles away and Waterside Shops just 4. 4 miles from your doorstep. Healthcare needs are easily met with NCH North Naples Hospital located 1. 7 miles away.
Families will love the proximity to Sun-N-Fun Lagoon Water Park, just 4. 5 miles away, while everyday necessities are a breeze with Trader Joe's only 0. 8 miles from home.
Whether you're looking to generate immediate rental income or build a new single-family home on the vacant lot, this property offers endless possibilities.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,760,800
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 | $1,408,640 | $1,408,640 | $1,408,640 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $100 | $100 | $100 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,136 | $9,020 | $12,368 |
Total Monthly Payment | $9,361 | $9,245 | $12,593 |
* 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.