On a tranquil street, this custom-built Old Florida cottage stands as a timeless testament to the charm of bygone days. Despite being 2, the exterior architecture with its clapboard detailing, metal roof, screened and open porches whispers stories of the past. Inside, the warmth of the Southern Pine wide-plank floors leads you through an open plan of sunlit rooms highlighting a white kitchen with café stainless steel appliances and elegant marble countertops. Handcrafted door accents add a touch of artisanal charm, while the Carrara marble baths with vintage sideboards as vanities adorn the interiors. With 3, 820 of total square footage, this meticulously crafted residence evokes a sense of comfort, offering two bedrooms and a loft in the main house and an additional separate studio with full kitchen provides an additional retreat and rental income potential. The quaint abode offers a serene retreat from the modern world, a place where time slows down, and the soul finds peace in the simplicity and beauty of Old Florida foliage. In the dynamic Bayshore Area, this property enjoys easy access to cultural attractions, including the tranquil Botanical Gardens and vibrant Celebration Park. Nearby Bayview Park offers a boat ramp with access to the Gulf of Mexico, while East Naples Park boasts pickleball courts, catering to outdoor enthusiasts and newcomers alike with lots of recreational opportunities.
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Our Executive Mortgage Banker:
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$1,395,000
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 | $1,116,000 | $1,116,000 | $1,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.750% | 6.664% |
Monthly Tax Payment | $599 | $599 | $599 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,146 | $7,146 | $9,722 |
Total Monthly Payment | $7,870 | $7,870 | $10,446 |
* 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.