Discover the perfect blend of comfort, convenience, and community in this updated manufactured home located in the highly sought-after Riviera Colony, a 55-and-better community. One of the unique perks of Riviera Colony is that residents own their land, offering a rare opportunity to own a piece of Naples. The home stood strong during the recent storms, with no damage reported. This residence has been thoughtfully designed for accessibility, featuring a brand-new ramp and handicap-accessible doors, making it easy for everyone to enjoy. Recent updates include beautiful vinyl floors, a newer refrigerator, washer and dryer, water heater, and A/C system, ensuring peace of mind and comfort. The property features two bedrooms, two full baths, a breakfast bar, a separate dining area, and a living room with a wall of windows that fills the space with natural light. There's also a convenient storage area with a washer and dryer. The home is situated just steps from the community pool, providing easy access to social and recreational activities. Ideally located off Rattlesnake Hammock Road, Riviera Colony is just minutes from downtown Olde Naples, pristine Gulf beaches, and all the conveniences you could need. With low HOA fees, this home truly offers a slice of paradise. Don't miss your chance to own this land-owned gem in one of Naples' most desirable communities. Paradise awaits!
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Our Executive Mortgage Banker:
Our Insurance Division:
$175,000
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 | $140,000 | $140,000 | $140,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $148 | $148 | $148 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $943 | $930 | $1,181 |
Total Monthly Payment | $1,166 | $1,153 | $1,404 |
* 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.