Presented byKarl Faerber |
PARK PLACE ON GULF SHORE, crafted with meticulous attention to detail will feature 15 exclusive residences, with breathtaking views of the Gulf of Mexico and one of Naples’ most exquisite bays. Here, you will discover a luxury living experience in a location that stands unrivaled. This masterpiece is being brought to fruition from two titans in luxury development, Barron Collier Companies & Golub & Co. Park Place on Gulf Shore will boast two eye-catching mid-rises with luxurious amenities including a bay-front pool and pool deck, private boat docks & kayak/paddleboard launch, hospitality-inspired rooftop bar and seating areas, fire pit, under building parking, storage areas and much more. For the utmost in elegance and privacy, Park Place on Gulf Shore’s luxury condominiums, ranging from 3, 175 to 3, 790 A/C sq. ft. each, will feature six exceptional residences across three floors, in the west building, and in the east building, nine equally impressive residences, also across three floors. Each condominium will also have direct elevator access. With 10’ ceilings, two equally impressive luxury designer finish packages to choose from, The Longitude & The Latitude, both of which include 32 designer finishes/selections options, 8” wide plank oak wood flooring, Smart Home ready: pre-wired for motorized shades, lighting control system and thermostats, Subzero wet bar including wine tower & under-counter refrigeration, Expansive outdoor living areas with built-in 36” Wolf gas grill and countertop, Polished chrome Dorn Bracht plumbing hardware, Polished chrome Emtek interior door hardware and boat slips available for purchase, Park Place on Gulf Shore will indeed offer elegance from floor to ceiling. NOTE: Renderings contained herein are of various units, not necessarily the unit identified in this MLS listing.
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,800,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 239.248.1961
Karl.Faerber@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 | $7,040,000 | $7,040,000 | $7,040,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $45,661 | $45,078 | $61,811 |
Total Monthly Payment | $45,786 | $45,203 | $61,936 |
* 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.