Welcome to a remarkable income-generating property located in the highly sought-after Connors area of Vanderbilt Beach. This exceptional TURNKEY investment opportunity offers one of the best values in Naples, featuring dual income streams and a host of luxurious amenities. Recently updated, this stunning property remained HIGH AND DRY, with NO WATER INTRUSION from Hurricane Helene or Milton! Live in one side and rent the other or rent both or live in both! Amazing possibilities!
Situated on an oversized lot with an impressive 105 FEET OF WATER FRONTAGE, the home offers breathtaking long scenic views and includes 2 COVERED BOAT SLIPS with 16, 000-pound and 8, 000-pound lifts. The backyard oasis is a true outdoor paradise, boasting a stunning designer pool with infinity overflow, a fully equipped outdoor kitchen with stainless steel appliances, and a large Tiki hut bar perfect for hosting sunset celebrations. Boating enthusiasts will appreciate the convenient gulf access just minutes away.
The primary residence is a beautifully updated three-bedroom, two-bath home, featuring exquisite quartz countertops, elegant lighting, and sophisticated decor. The designer kitchen is sure to delight any chef, while the luxurious spa-like bathrooms, large closets, and ample storage space ensure a relaxing lifestyle. Additionally, the property includes a charming one-bedroom, one-bath attached guest suite, complete with its own laundry, kitchen, and entrance, making it ideal for a vacation home, guests, or rental income. NEW ROOF 2023, NEW IMPACT GLASS AND SLIDERS MAKE THIS A WORRY-FREE home in tropical conditions.
A Collier County zoning verification letter confirms the potential for multi-family leasing, further enhancing its appeal to investors. This extraordinary property perfectly blends coastal living with investment acumen, making it the ideal choice for those seeking comfort, luxury, and strategic growth. Secure your piece of paradise with this turnkey haven and enjoy the vibrant lifestyle of Vanderbilt Beach. Don't miss the chance to unwind with happy hour under your Tiki hut after a day on the water.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,995,000
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 | $2,396,000 | $2,396,000 | $2,396,000 |
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 | $1,625 | $1,625 | $1,625 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,342 | $15,342 | $21,037 |
Total Monthly Payment | $17,092 | $17,092 | $22,787 |
* 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.