Olde Florida Charm meets 2024 Sophistication! This timeless beauty in Olde Naples exudes charm, functionality and all the modern conveniences, JUST ONE BLOCK FROM THE BEACH perfectly situated a few blocks to both 5th Ave South and 3rd Street South (and house never flooded). Gorgeous wide plank oak flooring through first floor are the backdrop for this thoughtfully designed home boasting new white shaker kitchen with two islands & all the bells and whistles, sunny great room with soaring 26 ft. ceilings and entertaining bar, fabulous owner’s suite renovation, superb closet built-ins, chic great room built-ins, charming study and signature massive 600 SqFt. bonus art room/workshop/fitness room/flex space! Charming back yard dubbed “Central Park” is a privacy backdrop for beautifully renovated lanai, pool, oversize spa and outdoor kitchen. Features include impact windows, 500-gallon buried propane tank servicing whole house generator, extensive landscape lighting, circular front driveway, three garages (two off rear alley & one off side driveway) and sunny southern exposure complete the package. Additional features include two upstairs ensuite guest rooms with balconies, three story elevator (recently rebuilt motor), loft with sunset terrace on third floor, fenced backyard and loads of extra storage throughout, including massive storage closets on 2nd floor. Walk to Fifth Avenue and Third Street and enjoy the fabulous Olde Naples Lifestyle in this move-in ready home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$9,350,000
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 | $7,480,000 | $7,480,000 | $7,480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | $2,834 | $2,834 | $2,834 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $47,279 | $47,895 | $65,159 |
Total Monthly Payment | $50,238 | $50,854 | $68,118 |
* 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.