Duplex / Quadruplex at 5255 Coronado Pkwy, Naples, FL 34116, located just off Santa Barbara Blvd in Golden Gate City is an Upgraded New Construction Three Bed Two Bath Duplex (each side) with a Laundry Room (each side) which can be used as 4 different units but is technically a Duplex with a total of 2, 667 sq ft, Vinyl Plank Flooring throughout, Upgraded PGT Impact Windows and Colored Metal Roof in one of Naples / Collier County Hottest Markets. This unit, currently Under Construction has a Total of Six Bedrooms and Four Bathrooms to offer a new owner many different possibilities, on a 0. 34 acre lot 120 ft wide x 125 feet deep with an AH flood zone rating. If contracted in time, the Buyer will be able to make some selections with the approval of the builder / developer / seller. This investment property is located close to everything for its occupants to fully enjoy the Desirable Southwest Florida Lifestyle. This Investment Type Home for sale is suitable to Live in / Work from Home on one side and rent the other side; or Rent Both sides where there is additional flexibility due to its unique “Fourplex Floorplan Design”, all without HOA fees. Appraisal is on hand, please feel free to ask. 5301 Coronado Pkwy just down the street, built in 2017 with the same floorplan but not with the same upgrades / specifications; MLS: 224049094 Sold / Closed on 11/27/2024 for $875, 000. Then allow / adjust for upgraded Metal Roof, etc for brand new 5255 Coronado Pkwy. Please Note, to help calculate rental income projections, Duplex/triplex/quadruplex rental rates on SWFLA MLS for Golden Gate City currently range from $1. 32 to $1. 95 to $2. 95 per sq ft annually, depending on condition, etc. as of 12/13/2024. Floorplans, Features Sheet, Appraisal and Disclosures are available. There is a Yard Sign to help locate. HT232.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $792,000 | $792,000 | $792,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | $152 | $152 | $152 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,269 | $5,071 | $6,954 |
Total Monthly Payment | $5,513 | $5,315 | $7,198 |
* 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.