Your Slice of Paradise Awaits at 255 Cays Drive, Unit 2007! Where the west coast vibe meets Florida coastal charm, this waterfront condo offers direct access to the Gulf of Mexico through the enchanting Ten Thousand Islands. This beautifully updated 3 bedroom, 3 bath retreat will make you say “Aah ha!” the moment you walk through the door. The open floor plan is an entertainer’s dream, featuring a stunning chef’s kitchen with custom cabinetry, a breakfast bar, and striking ledge rock accent walls complete with lighting and floating shelves. Exquisite updates abound, including soft-touch LED mirrors, rainfall shower features, and flawless terra cotta tile flooring that flows seamlessly throughout the home. Relax in your spacious primary suite or step out onto the private screened-in balcony to soak in the breathtaking wide-open water views, overlooking your private dock and 10, 000 lb lift capable of accommodating boats up to 30 feet in overall length. This is the perfect spot to unwind with your morning coffee or toast the sunset after a day spent boating to pristine beaches or fishing the incredible backwaters. Convenience and peace of mind are key features of this property, with a single attached garage and electric roll-down storm shades on the balcony for added security and privacy, plus electric hurricane shutters throughout. The building is also equipped with generator disconnects, making it easy to connect a generator in times of need. This home offers an unbeatable location, with Marco Island just a 20 minute drive away and downtown Naples only 30 minutes from your doorstep. For boating enthusiasts, the nearby Port of the Islands marina and ship store provides convenient access to boat fuel, live bait, and refreshments—everything you need to prepare for your next aquatic adventure. Don’t miss your chance to own this stunning waterfront property in Naples!
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,999 | $399,999 | $399,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $583 | $583 | $583 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,661 | $2,659 | $3,430 |
Total Monthly Payment | $3,319 | $3,317 | $4,088 |
* 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.