Experience the best of Florida living in this Furnished/Turnkey 2nd-floor, 2-bedroom, 2-bath condo, located in the desirable Fountains 1, a 55+ community where one owner must be at least 55 years old to purchase the property. Step inside to discover a spacious and open floor plan with 1, 062 square feet of air-conditioned living space, featuring crisp neutral tones and plank tile flooring throughout the living areas and bedrooms. The kitchen boasts modern appliances, wooden cabinetry, a tray ceiling with crown molding, a breakfast nook, a full-size washer and dryer, and a convenient pass-thru. The primary bedroom is complete with an en-suite bath, a walk-in closet, and lake views. The second bedroom offers generous space for your guests. Relax and unwind in the cozy screened balcony, where you can soak in breathtaking panoramic wide-water vistas, or head to the community's tropical heated pool just steps away for lounging or a refreshing swim. Your covered carport and ample guest parking ensure convenience at all times. Live worry-free when you're out of town, knowing the unit is protected by high-impact glass windows and storm shutters. Nestled in the heart of Naples, Fountains 1 is a quiet, low-density, well-maintained community that offers very reasonable association fees. It's located just minutes from Naples' world-class beaches, the iconic 5th Avenue South, where you can enjoy an array of dining, shopping, and entertainment options, and approximately just a short 30-minute drive to Fort Myers Airport. Rentals are permitted up to three times per year, with a 30-day minimum. Sorry, no pets allowed. Don't miss out on the opportunity to own this incredible and well-priced piece of paradise — schedule a viewing today and make it your own!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $223,920 | $223,920 | $223,920 |
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 | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $180 | $180 | $180 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,509 | $1,488 | $1,888 |
Total Monthly Payment | $1,764 | $1,743 | $2,143 |
* 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.