725 Neapolitan WAY, Naples, FL, 34103 | $675,000

Welcome to 725 Neapolitan Way at Shore Club! This condo unit has 2 beds, 2 full baths, a Florida Room/Den, in unit laundry, and lives large with high ceilings and tons of natural light. It has been beautifully updated with new paint, a brand-new water heater and dishwasher, both installed in 2024. This property has been used as a successful vacation rental with a proven track record of bookings and is perfect for year-round or seasonal use. 12 rentals with 30 day minimum permitted. Enjoy the lifestyle of Park Shore, steps away from high-class dining and shopping at Waterside Shops and Venetian Village, plus close access to both Downtown and North Naples! Option to join the Park Shore Association for private access to Park Shore Beach. A perfect spot for the full time Neapolitan or investor!

Features

  • Building Design: Low Rise (1-3)
  • Parking: 1 Assigned,Covered
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Levels: 1
  • Amenities: Beach - Private,Beach Club Available,Bike And Jog Path,Community Pool,Sidewalk
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: SHORE CLUB
  • Development: PARK SHORE
  • Year Built: 1987
  • Approx Sq. Feet: 1,250
  • Est. Taxes: $4,294
  • Master HOA Fee: $2,225
  • Lot Desc: Regular
  • View: Pool/Club
  • Community Type: Non-Gated
  • Elem. School: SEA GATE ELEMENTARY
  • Middle School: GULFVIEW MIDDLE SCHOOL
  • High School: NAPLES HIGH SCHOOL
  • Pet Policy: Not Allowed
  • MLS#: 224088617
  • Website: https://www.raveis.com
    /prop/224088617/725neapolitanway_naples_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of LuxRe, LLC

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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725 Neapolitan WAY, Naples, FL, 34103

$675,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $540,000 $540,000 $540,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.300% 6.778% 6.034%
Monthly Tax Payment $358 $358 $358
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,502 $3,458 $4,484
Total Monthly Payment $3,952 $3,908 $4,934

* 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.