**First-Floor Condo in Falling Waters** 3-bedroom, 2-bathroom first-floor condo in the prestigious Falling Waters community of Naples. This turnkey furnished property offers an ideal blend of comfort, style, and convenience, making it perfect for both personal enjoyment and investment. Step inside to discover a spacious interior that walks out to a large screened-in lanai, perfect for enjoying Naples' serene weather. The eat-in kitchen is designed for both casual dining and entertaining, while the newly renovated master bathroom adds a touch of modern luxury. Featuring tile flooring throughout the kitchen and main living areas and luxury vinyl plank in all three bedrooms. This condo also has the convenience and protection of a detached one-car garage just steps from your front door! Residents of Falling Waters enjoy access to a range of resort-style amenities, including a stunning pool, tennis courts, and clubhouse. With a solid rental history, this condo is an excellent investment opportunity in one of Florida's most desirable locations. Ideally located just 10 minutes from downtown and 5th avenue, providing the ultimate experience in Naples living!
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Our Executive Mortgage Banker:
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$420,000
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 | $336,000 | $336,000 | $336,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $301 | $301 | $301 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,321 | $2,264 | $2,858 |
Total Monthly Payment | $2,697 | $2,640 | $3,234 |
* 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.