AN INVESTOR'S DREAM in Popular Lely Resort! This friendly enclave of well-maintained single family homes absolutely SPARKLES! Located on the second fairway of THE FLAMINGO GOLF COURSE --- a short walk to Sam Snead's Tavern and the Flamingo Island Clubhouse --- this home and community are surrounded by natural beauty and convenient recreational and social opportunities! AND WEEKLY RENTALS ARE PERMITTED! commanding very high guest rates and amazing annual returns! Why limit your rental-pool to high-season only? You can enjoy year-round income streams as guests love to enjoy the beauty of the Naples area for weekly stays during off-season, May-December. Very low community fees of only $570 per quarter include all landscaping maintenance and use of the members-only heated resort-style pool & spa w/cabana. PLAYER'S CLUB IS OPTIONAL, but NOT REQUIRED! No special HOA approvals needed for guest occupancy. This community is WELCOMING & SAFE, with international visitors from Europe and abroad who love the friendly atmosphere. No cut-through traffic means this neighborhood is pedestrian, pet, and golf cart friendly. THE HOME offers three spacious bedrooms and two full baths, including an OVER-SIZED PRIMARY BATHROOM with DUAL SINKS, large standing shower, and separate JETTED SOAKING TUB, and a HUGE walk-in closet. You'll love how LIGHT, BRIGHT & CLEAN this home is --- so meticulously maintained, with FRESH PAINT THROUGHOUT --- NO SMOKERS ever ~ White cabinets and appliances and neutral Corian countertops and paint colors make it easy to transform this home into your own special retreat. Enjoy BEAUTIFUL SUNRISES overlooking the luxurious fairways of the Flamingo, surrounded by nearby legacy tall oak trees. This home is sure to be TROUBLE-FREE for years with NO POOL TO MAINTAIN!!! And there's a BRAND NEW AC/FURNACE (2023), and new lanai and roof (2018). All warranties transfer. SOLD UNFURNISHED means it's ready for your designer touches--- come make this your coastal retirement retreat, second home in paradise, and/or a stellar passive income investment/vacation rental property. Value-priced w/out pool or furnishings, for the savvy buyer-investor who wants an affordable single family home in Lely Resort with access to all its world-class amenities! Falcons Glen is the best-kept secret in Lely, and this GEM will not last! Open houses will be scheduled most every weekend, but don't wait! Call today to schedule your showing!
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$699,000
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 | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $442 | $442 | $442 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,862 | $3,717 | $4,716 |
Total Monthly Payment | $4,396 | $4,251 | $5,250 |
* 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.