Welcome to this beautifully updated 2-bedroom, 2-bathroom condo located in the highly desirable Royal Bay Villas community in Naples, FL. This second-floor end unit offers privacy and plenty of natural light, creating a bright and inviting atmosphere. With a well-designed split bedroom floor plan, this home provides the perfect balance of comfort and functionality. The kitchen is a chef's dream, featuring sleek granite countertops, a stylish tile backsplash, and ample cabinet space for all your culinary needs. The living area flows seamlessly into the screened-in lanai, offering a peaceful space to relax and enjoy the Florida breeze. The condo is equipped with hurricane-rated impact windows, providing peace of mind, while plantation shutters add an elegant touch to the windows. Additional features of this home include a spacious master suite with an en-suite bathroom, a guest bedroom, and a second full bathroom. The location is ideal, about a mile in proximity to Naples’ 5th Avenue, beautiful beaches, dining, shopping, and entertainment options. This charming condo in Royal Bay Villas is perfect for year-round living, seasonal stays, or as an investment property. Don’t miss the opportunity to own this move-in-ready home in one of Naples’ most sought-after areas.
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Our Executive Mortgage Banker:
Our Insurance Division:
$365,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $292,000 | $292,000 | $292,000 |
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 | $179 | $179 | $179 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,967 | $1,941 | $2,462 |
Total Monthly Payment | $2,221 | $2,195 | $2,716 |
* 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.