The LOWEST priced home in the Aqualane Shores neighborhood (by nearly 2 million dollars) creates a unique buying opportunity in today’s market. 2125 Marina Drive is situated in the sought after boating community of Aqualane Shores in the City of Naples. This unique home sits on a 0. 35 acre homesite, one house away from Naples Bay and it comes with a deeded boat dock just across the street at the end of 21st Ct S. (Note that the homesite is not waterfront, but the included deeded dock steps away from the homesite is waterfront and provides easy, no bridge access to the Gulf of Mexico). Make sure to check out the video tour to see this home's prime location. You will be surrounded by multimillion dollar estate homes, as the majority of Aqualane Shores has already been redeveloped. Beautiful mature landscaping, including two producing mango trees and a lychee tree, adds a tranquil quality to this special property. The house has 3 bedrooms, 3 full baths, an office, a 2 car garage and a swimming pool. The home sustained about a foot of water damage to the structure and is being sold “as is” for lot value. However, a subsequent owner could likely restore the existing home if desired. From this premier location, you are just a short stroll to beach access and downtown, the famous Naples Pier, fine dining establishments, world-class galleries & shopping and a bustling local farmer's market on fabulous Third Street South. Additional shopping and dining on 5th Avenue are just a short drive away. The current owner advises that the deeded boat dock can accommodate a 30ft boat with direct deep water access to Naples Bay and the Gulf of Mexico. The dock is located just steps from the residence and has a lift, water and electric at the dock.
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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 | $3,160,000 | $3,160,000 | $3,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $402 | $402 | $402 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,234 | $20,234 | $27,745 |
Total Monthly Payment | $20,761 | $20,761 | $28,272 |
* 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.