Introducing Savoy #1108 at Park Shore in Naples, a 2-story contemporary coastal condo that lives like a single family home on the beach. Exquisitely remodeled to perfection, this 3BR 3BA state-of-the-art condo features 2 private balconies with views of the Gulf and Venetian Bay. Soaring 2 story views provide maximum enjoyment. Lush landscaping, poolside sunset views with waterfall urns and Adirondack chairs, beach chairs, and cozy sofa/chair conversation areas make this beach oriented location a perfect choice for a tropical paradise. Common area penthouse sundecks beckon with captivating views of the gulf.
This Savoy condo has it all, close to downtown and the restaurants of Fifth and Third Avenue, centrally located
close to an abundance of private golf course opportunities, and a quick drive to RSW-Ft. Myers airport or Naples Municipal Airport. Immediate rental income is available, and appeals to the discriminating buyer/investor with its generous building rental policy. Live the Naples lifestyle in this contemporary coastal unit that feels like a home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,395,000
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 | $1,916,000 | $1,916,000 | $1,916,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.532% | 6.723% | 6.806% |
Monthly Tax Payment | $883 | $883 | $883 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,427 | $12,268 | $16,822 |
Total Monthly Payment | $13,435 | $13,276 | $17,830 |
* 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.