A wonderful opportunity awaits you to reside in one of the most desirable streets in Park Shore, Mermaids Bight! A boaters dream with a new boat dock and lift with direct access to the Gulf of Mexico! From the moment you walk through the front door you are mesmerized by the stunning views of the backyard oasis including a beautiful saltwater pool and spa! A great home for entertaining large families and guests with four bedrooms and 5 full baths, this home features and elegant kitchen and family room, leading out to the pool and outdoor kitchen! This residence benefits from an extensive amount of upgrades, including a new roof, pool tiles and equipment, lanai pavers, a fence surrounding the backyard, outdoor shower, and grill area, two electric car chargers in the garage, hurricane shutters and many more new additions! The Park Shore Beach Association offers private, guarded, beach access minutes away from the home and close by is the Venetian Village Shops with a wonderful array of specialty boutiques and dining options overlooking Venetian Village! Waterside Shops is also close by offering casual dining and upscale designer shopping. This centrally located home is just a short drive by car or in your golf cart to the iconic 5th Avenue South and 3rd Street South and one of Naples newest additions, the Four Seasons which is scheduled to open in early 2025! 255 Mermaids Bight has been well maintained and move in ready for its next great buyer!
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,999,000
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 | $6,399,200 | $6,399,200 | $6,399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $2,290 | $2,290 | $2,290 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $41,505 | $40,975 | $56,185 |
Total Monthly Payment | $43,920 | $43,390 | $58,600 |
* 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.