This 1st floor 3 bedroom 2 bathroom coastal updated condo is located in downtown Old Naples, just two blocks north of Fifth Avenue. Bellasera is a boutique-style condo hotel that offers resort style amenities, including two popular downtown restaurants. Unlike most condos at Bellasera, this condo has no carpeting (all carpeting has been replaced with wood-like luxury vinyl flooring and the kitchen and baths have tile flooring. Freshly updated and being sold turnkey furnished for your convenience. As an owner, (not in the on-site rental program) you may occupy your unit up to 150 days per year and you can rent it out 12x a year with a 30 day minimum. If you opt to participate in the on-site rental program, Bellasera will rent it on your behalf with a 1 night minimum and a revenue share. This first floor end unit condo enjoys privacy, yet proximity to the concierge services, shuttle, Claw Bar and London Club restaurants, pool, spa, exercise facility and more. Walk out your back door to the pool and courtyard or out your front door to neighborhood restaurants (like Warren Naples). Your private screened in lanai, overlooks the beautifully landscaped courtyard area. This condo is walking distance to the beautiful Baker Park, Greenway walking trails, Gulfshore Playhouse, as well as Fifth Avenue's world renown shopping, dining and entertainment. This entire area has exploded with dining and activites. Bellasera owners and guests enjoy a shuttle service to the white sand beaches and downtown locations to enjoy dining, shopping, fun in the sun and water as well as the picturesque Naples sunsets. If interested in the rental program, please inquire with Listing Agent for details.
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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 | $800,000 | $800,000 | $800,000 |
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 | $512 | $512 | $512 |
H/O Insurance Payment | TBD | TBD | TBD |
Initial Principal & Interest Pmt | $5,122 | $5,122 | $7,024 |
Total Monthly Payment | $5,726 | $5,634 | $7,536 |
* 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.