Presented byGuzzardo Monto |
WELCOME BACK OLD NAPLES CHARM WITH A MODERN LIFESTYLE!
Discover this quintessential Old Naples property boasting 5 bedrooms and 5 bathrooms built on an oversized corner lot. This beautiful 3311 sq. ft. home was completely renovated in 2023 to incorporate modern functionality while preserving its original charm. Every detail has been thoughtfully upgraded, including new structural flooring, HVAC, electric, plumbing, cabinets, bathrooms, fixtures and appliances.
The 1947 sq. ft. main house includes 3 bedrooms and 3 full bathrooms while the 975 sq. ft. detached guest house has 2 bedrooms and 2 full bathrooms. A large 18’ by 35’ pool sits between the two houses creating a wonderfully private setting for relaxation and entertaining. The fully equipped detached guest house can be integrated into the main house for larger accommodations or can be used as a separate residence for an income producing rental unit. The choice is yours! This property offers a special investment opportunity rarely found in the area. Situated in the heart of Old Naples, enjoy this unique location where you can spend the day at a beautiful beach, shop on 3rd Street, take in a local art show at Cambier Park and dine on 5th Avenue at world- renowned restaurants all just a short walk away. Experience this one of a kind home that truly combines old world charm with a modern living lifestyle!
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,425,000
Sales Associates
William Raveis Real Estate
Phone: 917.574.3297
Guzzardo.Monto@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 | $5,140,000 | $5,140,000 | $5,140,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
Monthly Tax Payment | $2,621 | $2,621 | $2,621 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $34,197 | $33,338 | $45,484 |
Total Monthly Payment | $36,943 | $36,084 | $48,230 |
* 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.