Lot - 49 As you turn into the tree and flower lined entrance of Naples Motorcoach Resort, you marvel at the entryway fountains, while you wait for the gates to open you admire the beautiful fountain in front of the circle drive to the clubhouse. You are already anticipating the bands, parties, and other events that will be unfolding throughout your stay. As you drive down the Royal Palm lined streets you arrive at your slice of paradise. As you back in to your spot, once again you realize how spacious it is and privacy??? You have the back wall so you only have two neighbors, one on each side. But wait, there is more, as you look forward, you see lush tropical landscaping, your piece of paradise is perfectly positioned so you do not look at another coach! How wonderful! Location Location Location, and you are a short walk to one of the satellite pools and spa as well as the dog park! You are contemplating how you would like to design your property for next season. Lush Landscaping, full pavers, a water feature, tiki, perhaps a casita. . . . Perhaps you will just enjoy it as it is and take advantage of the rental program for a few years. No pressure, no decisions you are on Naples time. . . . . . Your blank canvas awaits you! 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 catering kitchen that owners can use. There are also two satellite pools with a hot spa, their own rest rooms and a laundry room. Three pickleball courts and a community boat ramp where you can explore the canals and head to the Gulf of Mexico. 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 are great for a quick close.
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,900
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 | $239,920 | $239,920 | $239,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,556 | $1,536 | $1,992 |
Total Monthly Payment | $1,631 | $1,611 | $2,067 |
* 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.