Estimated completion is March of 2025! A dream collaboration by MHK Architecture, Toscana Homes and Broad Avenue Studios, this Olde Naples retreat is a coastal chic getaway, all within steps of the beach and the famed shopping and dining of 3rd Street S. Boasting five bedrooms, a study, five baths, two half baths plus more, this property will satisfy the most discerning with its elegantly designed and furnished spaces. The great room and kitchen are perfect for entertaining, while the chef at heart will delight in the Wolf and Sub-Zero appliances, bespoke wood and marble selections, and service kitchen. The home’s family room seamlessly integrates indoor and outdoor living, opening onto the sparkling swimming pool and spa. This distinctive space is anchored by its custom stone fireplace and features a full summer kitchen, balcony and electric roll-down screens. The private owner’s retreat and study are on the first floor, while the second floor showcases four beautifully appointed bedrooms with en-suite baths, a separate living area and a morning bar. No detail or feature has been overlooked in the creation of this stunning residence. The essence of the Neapolitan lifestyle awaits.
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Our Executive Mortgage Banker:
Our Insurance Division:
$13,500,000
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 | $10,800,000 | $10,800,000 | $10,800,000 |
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 | 7.406% | 6.762% | 6.830% |
Monthly Tax Payment | $2,472 | $2,472 | $2,472 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $70,049 | $69,154 | $94,823 |
Total Monthly Payment | $72,646 | $71,751 | $97,420 |
* 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.