Lot 16 - Welcome to your slice of canal front paradise with indirect Gulf access! This property offers full pavers, a tiki, an oversized dock for additional entertaining space, and a boat lift. This property is also a short walk to the club house and all of its amenities as well to the pickle ball courts. However, it offers all the privacy you could want as well. Your large tiki is at the rear of the property where you can entertain or just sit back and relax. In the evening, you go to your oversized dock and relax with friends as you watch the sunset. The dock is a perfect second entertaining space as you look at the beautiful mangroves. Wildlife continually fly by or swim by, including manatees! But wait. . . . you pack the snacks and refreshments of your choice and lower your boat from the boat left and set off for the Gulf of Mexico, or perhaps Naples and Gordon Pass or fishing along the 10, 000 islands. . . . With indirect gulf access (bridge) all options are yours. Come tour this property today and see all it has to offer.
Naples Motorcoach Resort is a Class A only resort and boasts a beautiful infinity pool, hot spa, exercise room, men's and ladies saunas as well as a kitchen that owners can use. There are also two satellite pools with a hot spa, their own rest rooms and a laundry room. We can't forget your furry best friend, the resort even has a dog park! Special note to investors, looking for a place to invest or reinvest as a 1031 exchange? Look no further, own this piece of paradise and put it into the management run rental program. The rental program administration advertises, schedules renters, collects payment including applicable taxes/fees and sends you your portion. These deeded lots are mortgage eligible and great for a quick close.
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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 | $768,000 | $768,000 | $768,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,854 | $4,918 | $6,690 |
Total Monthly Payment | $4,946 | $5,010 | $6,782 |
* 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.