In the heart of Old Naples, this exceptional home boasts a prime location just seven houses from iconic Naples Beach, while being moments from the charm of Fifth Avenue South. Property has remained high and dry since being built in 2017, according to the owner. Designed by the acclaimed MHK Architecture, this residence captures the essence of the Florida lifestyle with over 5, 000 square feet of seamless indoor and outdoor living. Lush landscaping surrounds the pool with fire and water features, a sunken spa and an electric screened lanai. Every detail exudes craftsmanship, from the custom ceilings to the modern kitchen to the naturally aged wood floors. Expansive primary suite, complete with walk-in closets and an elegant main bath. Modern conveniences include an artisan, temperature-controlled glass wine wall, custom-designed elevator, Kohler backup gas generator, impact-resistant windows and doors, and natural gas access throughout. For guests, a private suite with its own entrance and spacious balcony provides a luxurious retreat.
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$6,470,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $5,176,000 | $5,176,000 | $5,176,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $3,216 | $3,216 | $3,216 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $33,571 | $33,143 | $45,803 |
Total Monthly Payment | $36,912 | $36,484 | $49,144 |
* 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.