701 Kings Town DR, Naples, FL, 34102 | $20,000,000

This expansive property spans 1. 5 lots, offering a sweeping panorama over the widest expanse of water in Port Royal. Envisioned as a home of timeless sophistication, a renowned local architect was engaged, complemented by the artistry of Artisans Guild for a contemporary interior. Enjoy the finest craftsmanship with unique features like hand-plastered walls by skilled artisans, bespoke moldings, and a custom-tiled bathroom floor and shower in the main suite. The study boasts a leather floor and a captivating wave ceiling. Unparalleled in durability, this home stands resilient against Florida's tropical weather, having weathered every storm unscathed. The guest suites, configured for family, can effortlessly transform into four bedrooms. An added bonus is the office with a built-in Murphy bed, ready to accommodate extra guests. Step on the spacious terrace leading to a captivating pool and hot tub area, and further down to the modern floating dock with a boat lift, a waterfront haven awaiting your maritime adventures.

Features

  • Amenities: Beach Access,Beach Club Available,Private Membership
  • Rooms: 11
  • Bedrooms: 5
  • Baths: 4 full / 5 half
  • Style: Contemporary,Florida
  • Development: PORT ROYAL
  • Year Built: 2006
  • Garage: 4-car Attached
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Approx Sq. Feet: 8,177
  • Acreage: 0.65
  • Est. Taxes: $83,456
  • Lot Desc: Other
  • View: Bay,Water Feature
  • Community Type: Boating,Non-Gated
  • Water Front: Yes
  • Boat Access: Boat Dock Private,Boat Lift,Boat Slip,Concrete Dock,Dock Included,Water Avail at Dock
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 223083036
  • Website: https://www.raveis.com
    /eprop/223083036/701kingstowndr_naples_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Premier Sotheby's Int'l Realty

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
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860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

701 Kings Town DR, Naples, FL, 34102

$20,000,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $16,000,000 $16,000,000 $16,000,000
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 $6,955 $6,955 $6,955
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $103,776 $102,450 $140,479
Total Monthly Payment $110,856 $109,530 $147,559

* 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.