2635 Magnolia Park LN, Naples, FL, 34109 | $490,000

Investor's dream with immediate rental income through April 30, 2025! This Pipers Grove courtyard home is situated on the most premier and highly sought after street in the community, Magnolia Park Lane. Also boasting Pipers Grove most popular floor plan, this FIRST FLOOR, END UNIT with attached GARAGE is fully TURNKEY FURNISHED for your convenience. This rare North Naples 2 bed, 2 bath COURTYARD condo boasts a renovated kitchen with real WOOD shaker style cabinetry and expanded cabinet storage and counter space with all quartz counter tops, NEW AC only 1 year young, real oak hardwood floors and carpet. Full hurricane protection includes electric storm shutters on the rear lanai and manual shutters on the windows. Grilling is allowed from your private courtyard. Enjoy the relaxing lake/fountain views from your XL 22 ft. lanai. Roof is 6 yrs young! Highly desired split floor plan for privacy. Pipers Grove is located in super popular and convenient North Naples, w/shopping and dining right outside the gate. Walk to Publix! Vanderbilt Beach is just 3 miles down the road and Collier County Public Library and N. Collier Government Center are even closer on Orange Blossom Dr. Enjoy this gated, active and friendly community w/plenty of amenities including three swimming pools, lap pool & whirlpool spa, clubhouse, Har-Tru tennis courts, fishing pier, bocce and over two miles of walking trails. Fully RENOVATED main pool and clubhouse w/panoramic "picture frame" style screen enclosure and more beautiful lake views! Entire community recently enjoyed a "re branding" facelift, with new neutral paint colors and new lighting. All renovations completed with no assessment to homeowners!

Features

  • Building Design: Low Rise (1-3)
  • Parking: Paved Parking
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 1
  • Amenities: BBQ - Picnic,Bike And Jog Path,Bike Storage,Bocce Court,Clubhouse,Community Pool,Community Room,Community Spa/Hot tub,Exercise Room,Fishing Pier,Internet Access,Lap Pool,Library,Sidewalk,Streetlight,Tennis Court,Underground Utility
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: PIPERS GROVE
  • Development: PIPERS GROVE
  • Year Built: 1994
  • Approx Sq. Feet: 1,604
  • Est. Taxes: $3,039
  • Condo Fee: $1,565 Quarterly
  • Master HOA Fee: $643
  • Lot Desc: Regular
  • View: Lake,Water,Water Feature
  • Community Type: Gated,Tennis
  • Water Front: Yes
  • Elem. School: PELICAN MARSH ELEMENTARY SCHOOL
  • Middle School: PINE RIDGE MIDDLE SCHOOL
  • High School: BARRON COLLIER HIGH SCHOOL
  • Pet Policy: Limits
  • MLS#: 224082456
  • Website: https://www.raveis.com
    /prop/224082456/2635magnoliaparkln_naples_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of John R Wood Properties

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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2635 Magnolia Park LN, Naples, FL, 34109

$490,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $392,000 $392,000 $392,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.681% 6.678% 6.034%
Monthly Tax Payment $253 $253 $253
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,674 $2,475 $3,255
Total Monthly Payment $3,002 $2,803 $3,583

* 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.