Here is your dream Pied-à-Terre off 5th Avenue in Naples, Florida. And only 4 blocks to the Beach!!! This condo is beautifully updated with stunning Amazonia granite counter tops and backsplash in the kitchen, stainless steel appliances with a custom Liebherr refrigerator, and wonderful, efficiently designed cabinetry. The flooring throughout is light Italian porcelain planks. The bright modern bathroom has a huge shower with an easy rolling, glass barndoor enclosure. The unit has a water filtration system installed, which guarantees delicious tap water and cleaner clothing from the stackable washer & dryer. The two buildings in this small complex called Kensington Gardens have brand new roofs, a fresh coat of paint and contemporary light fixtures. Located just half a block to 5th Ave South and offering a pool and spa on site, you can turn this into a prized investment property because … you may rent this unit by the week. Or keep it for yourself and your small pet, as it is just too sweet a condo to share.
And one more thing. KENSINGTON GARDENS IS THE HIGHEST ELEVATION ALONG 5TH AVE. There was no water on the property when Ian flooded almost all of 5th Ave.
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Our Executive Mortgage Banker:
Our Insurance Division:
$669,900
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 | $535,920 | $535,920 | $535,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.508% | 7.171% | 6.392% |
Monthly Tax Payment | $303 | $303 | $303 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,656 | $3,562 | $4,559 |
Total Monthly Payment | $4,051 | $3,957 | $4,954 |
* 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.