20 West Pelican St - Lot #6 - Location! Location! Location! Nestled between the Gulf of Mexico & the 10, 000 Islands, this 75' x 145' lot is the perfect spot to build your dream home. Located on the highly desired, Big Marco River, with Southern Exposure, 75' of water frontage & instant access to the Gulf of Mexico. The existing dock can either be shared between you and the adjacent lot to the East, (Lot #7) or it can be torn down and you build your own separate dock and lift. You'll be captivated daily with breathtaking sunrises and unforgettable sunsets that will have you pinching yourself to make sure you're not dreaming. Enjoy world class fishing in your backyard. Guaranteed to catch BIG Tarpon, huge snook, giant black drum, snapper, Goliath groupers and many more all off your dock. Watch the boats pass by while the manatees, dolphins & birds put on a show that SeaWorld would be proud of. Isles of Capri is a tropical island that boasts and abundance of wildlife, four great restaurants and three marinas. Located one mile from Marco Island & only 20 minutes away from Downtown Naples with its sophisticated shopping & five star dining. Our area is famous for its white sand beaches, world class fishing & boating and fantastic golfing. Capri is the perfect place to sit back, relax, unwind & let the sights, sounds and smells sooth your mind, body & soul. Welcome to paradise!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,095,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,676,000 | $1,676,000 | $1,676,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,732 | $10,732 | $14,715 |
Total Monthly Payment | $10,857 | $10,857 | $14,840 |
* 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.