**Discover the Perfect Blend of Comfort and Coastal Living at 302 Newport Dr, Unit 1506, Naples, FL**
Welcome to 302 Newport Dr, Unit 1506—your gateway to serene lakeside living in Naples, FL. This impeccably maintained 1st-floor end unit offers 3 bedrooms and 2 bathrooms, ensuring ample space and comfort. Step into your screened-in lanai and take in the picture-perfect, unobstructed lake views. Enjoy tranquil moments or a peaceful stroll to your community pool, just steps away. The unit also includes a versatile single-car garage that currently serves as a vibrant social room, ideal for entertaining and sharing stories of your outdoor adventures. Should you desire, this space can easily be converted back to a traditional garage. For boating enthusiasts, this home offers a rare opportunity. With the purchase of this unit, a boat slip at the nearby Marina can be negotiated, accommodating vessels up to 37 feet—far exceeding the typical restrictions imposed by associations. Whether you're a seasoned sailor or new to boating, this feature provides unparalleled flexibility and freedom. Beyond the Marina, you’ll find a Ships Store and a public boat ramp, while nearby amenities such as a shooting range and two public golf courses offer endless opportunities for recreation and leisure. Plus, with Marco Island just a 20-minute drive away and downtown Naples a mere 30 minutes, you’re perfectly situated to enjoy all that Southwest Florida has to offer. Don't miss your chance to start the next chapter of your life in this beautiful home—302 Newport Dr, Unit 1506 is where your story begins.
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Our Executive Mortgage Banker:
Our Insurance Division:
$350,000
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 | $280,000 | $280,000 | $280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $237 | $237 | $237 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,701 | $1,701 | $2,213 |
Total Monthly Payment | $2,012 | $2,012 | $2,524 |
* 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.