Seller Motivated. . . Discover a rare find on 5 lush acres, only 15 minutes from downtown Naples and just 2 miles from I-75. This enchanting property, shaded by majestic oak trees, offers endless possibilities for development and enjoyment. With a buildable extra lot, you can create two custom homes or expand the existing residence. The property looks high and dry, with each half equipped with its own well for added convenience. The Old Florida-style home features a charming 2-bedroom, 2-bathroom upstairs unit, complete with a newly built (2020) wraparound wood deck. Downstairs, a cozy 2-bedroom, 1-bathroom and a guesthouse offers additional space and privacy.
A spacious shed provides ample storage and workspace, while a small barn in the backyard is ideal for housing your favorite animals. The meticulously landscaped yard is adorned with name-brand mango trees, mature tropical fruit trees, citrus trees, and hundreds of bromeliads, offering a bounty of fresh produce and endless potential. If you lived here, you'd be home by now.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,505,100
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 | $1,204,080 | $1,204,080 | $1,204,080 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $193 | $193 | $193 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,810 | $7,810 | $10,655 |
Total Monthly Payment | $8,127 | $8,127 | $10,972 |
* 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.