271 Southbay DR, Naples, FL, 34108 | $875,000

Experience Waterfront Living with Stunning Wide Bay Views! Walk minutes to the white sugar sand beach! Step into coastal lifestyle where spectacular wide bay views and direct Gulf access are just the beginning. 2 Bed and 2 Bath offers a front-row seat to the breathtaking beauty of Naples' waterways, with boats gliding by. Stroll miles of coastline, relax in the sun or take in magnificent nightly sunsets! Located just steps from the world-renowned Vanderbilt Beach and the Ritz-Carlton, in a neighborhood soon to be anchored by the luxurious Ritz Carlton Residencies. This waterfront residence offers the perfect blend of tranquility and the convenience of plethora of dining, shopping & entertainment revenues! Whether you're relaxing by the bay, fishing off the dock or indulging in the finest dining or casual beachfront hot spot on the beach at The Ritz! Everything you need is right outside your door. For boating enthusiasts, rent a boat dock on site! Set out for a fishing outing or impromptu sunset excursion to explore the waters at your leisure. Inside, the open floor plan with large windows flood the space with natural light, bringing spectacular views into every room. The master suite and guest bedroom offer a peaceful retreat, perfect for unwinding after a day of sun and sea. This exceptional property offers an unparalleled opportunity to reside in one of Naples' most sought-after locations, where every day feels like a vacation. Attractive 14 day rental policy.

Features

  • Building Design: Mid Rise (4-7)
  • Parking: 1 Assigned,Guest
  • Heating: Central Electric
  • Cooling: Central Electric
  • Levels: 1
  • Amenities: BBQ - Picnic,Bike Storage,Boat Storage,Community Gulf Boat Access,Community Pool,Community Spa/Hot tub,Fish Cleaning Station,Internet Access,Streetlight,Vehicle Wash Area
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: BAREFOOT PELICAN
  • Development: VANDERBILT BEACH
  • Year Built: 1986
  • Approx Sq. Feet: 1,056
  • Est. Taxes: $1,398
  • Condo Fee: $3,956 Quarterly
  • Lot Desc: Zero Lot Line
  • View: Bay
  • Community Type: Boating,Condo/Hotel,Gated
  • Water Front: Yes
  • Boat Access: Boat Slip,Dock Deeded
  • Elem. School: NAPLES PARK ELEMENTARY SCHOOL
  • Middle School: PINE RIDGE MIDDLE SCHOOL
  • High School: BARRON COLLIER HIGH SCHOOL
  • Pet Policy: Limits
  • MLS#: 224101179
  • Website: https://www.raveis.com
    /prop/224101179/271southbaydr_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 John R Wood Properties

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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
  • 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
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

271 Southbay DR, Naples, FL, 34108

$875,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $700,000 $700,000 $700,000
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 $117 $117 $117
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,540 $4,424 $6,098
Total Monthly Payment $4,748 $4,632 $6,306

* 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.