Okay, here we go! This property is nothing short of show-stopping. A rare 10-bedroom, 8-bath duplex units priced to sell today and sitting in the heart of Naples! Just steps from the swanky vibes of 5th Avenue and those picture-perfect beaches. We’re talking on every level. The duplex unit has not one, but two kitchens, two kitchenettes, and two double-car garages—oh, and let’s not forget the accessory building with its own two-car garage and an upper-level space NOW times two on the other side. It’s like an investors dream come true. The construction of this duplex unit is built like a fortress with top-tier materials and a sleek metal roof. Plus, the elevation is high and dry, so no flood risks, do not need to worry about it. Maintenance very minimal. And the best part of this duplex ownership. . . No HOA fees or annoying restrictions to deal with. The land design allows for a future pool for each unit. You have got total freedom to live it up or rent it out. The property’s already set up for future flexibility, too. It’s being split into two individual units, so should you choose to purchase the entire building 3362 is included in this offering or BUY ONESIDE for half the list price or BUY as is at this list price and you can sell one side, keep the other, or sell both down the road. Whatever your game plan is, this is a golden opportunity for instant income and serious long-term growth. This kind of gem is hard to come by.
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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 | $1,516,000 | $1,516,000 | $1,516,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $394 | $394 | $394 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,833 | $9,707 | $13,310 |
Total Monthly Payment | $10,352 | $10,226 | $13,829 |
* 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.