The Villas of Pelican Bay is a quaint enclave of only 48 villa residences along a winding paver street with mature trees, manicured lawns and gardens in a desirable location. Adjacent to Club Pelican Bay and less than ½-mile to the beach tram and approximately one mile to gulf beaches, this pet-friendly community with two pets with no weight limit, also offers its residents a private pool with extensive decking and community room. The one-story, two-bedroom plus flex room), two-bath villa has been completely redesigned in neutral coastal chic tones offering an open eat-in kitchen to great room layout with cathedral ceilings, split bedroom arrangement and attached, climate-controlled two-car garage. Sunny and spacious, the great room and dining area measures 35-by-15-feet and opens to an all-weather lanai and wide expansive brick patio with western exposure, ideally positioned for privacy, entertaining and dining, enabling comfortable viewing of the famous Naples sunsets over the ninth fairway of the Pelican Bay Club golf course. Interior features include motorized shades for all skylights, plantation shutters, engineered wood flooring in main areas and 24-by-24-inch porcelain tile flooring in kitchen and primary bath. The primary bedroom offers a vaulted ceiling, custom woodwork, display shelf and glass sliding barn doors which open to a spacious bath area with walk-in closets, double vanity with abundant cabinets, skylight and oversized walk-in shower. The guest bedroom with adjacent bath offers a vaulted ceiling and bay window, and overlooks the gated, tropical landscaped courtyard. Pelican Bay offers five-star amenities which include private beach access, two beachside pavilions with restaurant and bar facilities, aquatic activities, tennis and fitness facilities, and community center. This fabulous location west of U. S. 41 is conveniently close to the Waterside Shops, Mercato and Artis-Naples, and is home to the Baker Museum and Naples Philharmonic.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,495,000
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 | $1,196,000 | $1,196,000 | $1,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $866 | $866 | $866 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,757 | $7,658 | $10,584 |
Total Monthly Payment | $8,748 | $8,649 | $11,575 |
* 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.