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Presented by
Team Sims |
700 Arbor Lake DR, Naples, FL, 34110 | $799,900
A Unicorn Found! The developer combined “Double D” villa units to create a unique residence with a 48 ft long great room separating two living wings (perfect for visiting family or live-in companion), a heated indoor 23 ft lap pool with spa, and a two-car garage! Arbor Trace is the premier low-density, pet-friendly 55+ senior living style community offering 100% equity-deeded condominium ownership, making it yours to own, rent, transfer to heirs, or sell as needed. This ownership style alone separates it from most other 55+ communities that require a substantial initial buy-in, and the property must be reverted to the association. The best part? There are no financial or medical requirements, so come as you are, and it is easy to transition from independent to assisted living with Arbor Glen’s on-site health services at competitive rates. The monthly condo fees cover everything, including high-speed internet and fiber optic TV, allowing for stress-free living. Arbor Trace is centrally located on 40+ acres in North Naples, just a few miles from the white sands of Vanderbilt and Barefoot beaches, several premier shopping centers with dining and entertainment, including the renowned “Artis” performing arts center with world-class performances. Amenities include the modern 36, 000-square-foot clubhouse with casual and fine dining, a resort-style pool, a fitness center with daily activities, tennis, shuffleboard, bocce ball, and putting green, as well as a shuttle service to medical appointments, shopping, and numerous outings.
Features
- Building Design: Villa Attached
- Parking: 2 Assigned
- Heating: Central Electric
- Cooling: Central Electric
- Levels: 1
- Amenities: Streetlight,Underground Utility
- Rooms: 7
- Bedrooms: 3
- Baths: 2 full
- Complex: ARBOR TRACE
- Development: ARBOR TRACE
- Year Built: 1991
- Approx Sq. Feet: 3,423
- Est. Taxes: $1,141
- Condo Fee: $3,382 Monthly
- Lot Desc: Other
- View: Lake
- Community Type: Gated
- Water Front: Yes
- Private Pool: Yes
- Pet Policy: Limits
- MLS#: 224094843
- Buyer Broker Compensation: 3.00%
- Website: https://www.raveis.com
/raveis/224094843/700arborlakedr_naples_fl?source=qrflyer
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Team SimsSales Associates
239.572.2339
TeamSims@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
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
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
700 Arbor Lake DR, Naples, FL, 34110
$799,900
Team Sims
Sales Associates
William Raveis Real Estate
Phone: 239.572.2339
TeamSims@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 | $639,920 | $639,920 | $639,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
| Monthly Tax Payment | $95 | $95 | $95 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,311 | $4,253 | $5,397 |
| Total Monthly Payment | $4,498 | $4,440 | $5,584 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388