Discover this stunning single-story coastal retreat located on the 500 block in Naples Park, just a short walk to the beach. Spanning over 3, 000 square feet, this property is situated on a large double lot, making it a rare find for anyone seeking ample outdoor space and privacy or an investment property. The resort-style backyard features a saltwater pool with a waterfall feature, a spacious cabana, and a private well irrigation system for maintaining the lush landscaping. Best of all, this property has no HOA fees, offering ultimate flexibility. Inside, the home includes three spacious bedrooms, including two master suites with en-suite bathrooms. The additional flex room offers versatility, serving as a home office, gym, or extra bedroom. As a vacation rental, this property accommodates up to 10 guests comfortably. With its proximity to Vanderbilt Beach, the Ritz Carlton, Mercato, and no HOA restrictions, it’s an exceptional investment opportunity with strong rental potential. Whether you’re seeking a personal coastal retreat or a high-potential vacation rental, this property combines a beach vibe with tranquility, modern amenities, and ultimate flexibility to entertain. Don’t miss out on this rare gem!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,199,000
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 | $1,759,200 | $1,759,200 | $1,759,200 |
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 | $844 | $844 | $844 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,410 | $11,264 | $15,446 |
Total Monthly Payment | $12,379 | $12,233 | $16,415 |
* 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.