Welcome to the captivating 414 Palm Ct, a jewel nestled in the heart of Naples, Florida. This stunning property, a winner of the prestigious Sand Dollar award, is a testament to refined living, where every detail is meticulously crafted. This award-winning residence is situated on one of the best lots in all of North Naples, with 173 feet of frontage and long wide bay views. Offering four spacious bedrooms, each accompanied by its own bathroom, this property is a beacon of comfort and luxury. An additional den provides that extra space for your hobbies or home office. Every day here ends with a spectacular sunset, painting the sky with hues of orange and pink. Water lovers, imagine fishing right off the back of your home or enjoy paddle boarding or kayaking amongst the local dolphins. With direct waterfront access and a private boat dock, your nautical adventures are just steps away. And when you're done sailing, take a dip in the pool or unwind in the hot tub as you watch the sunset. The open floor plan offers a seamless flow from the indoors to the outdoors. The large lanai, complete with an outdoor kitchen, is the perfect spot for alfresco dining or lounging under the Florida sun. Two primary suites provide an extra touch of luxury, offering a private retreat within the home. Each suite is a sanctuary of comfort and style, with ample space, natural light, and breathtaking bay views. Another huge advantage to this home compared to others is that it is located on a street with just 7 homes, and it is the closest street to the beach! Walk to the Ritz-Carlton for drinks or dinner on the beach as well as Turtle Club and Baleen, some of the only Gulf front dining in all of Naples. The super popular Mercato retail center is a 5 minute drive where you can find Whole Foods, a brand new Movie Theater, shopping and over 10 great restaurants. The owners currently enjoy a custom screened in cage, but it can easily be removed if the buyer desires. 414 Palm Ct is more than just a property; it's a lifestyle. A place where every day feels like a vacation, and every sunset brings a new spectacle to enjoy. This is your chance to experience the best that Naples has to offer, in a home that's as unique and captivating as the views it offers. ****This home was custom built at a higher elevation than required, no water intrusion during the last 3 hurricanes, extremely rare for this area and very in demand!
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,950,000
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 | $7,160,000 | $7,160,000 | $7,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.296% | 6.622% | 6.680% |
Monthly Tax Payment | $2,596 | $2,596 | $2,596 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $46,440 | $45,256 | $62,371 |
Total Monthly Payment | $49,161 | $47,977 | $65,092 |
* 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.