Presenting 3204 Karen Drive! This stunning duplex, built in 2023, offers a fantastic opportunity for investors seeking great potential income in one of Naples most desirable neighborhoods. Two separate units each offering modern and generous living space and distinct amenities for comfort and privacy. With 4 spacious bedrooms and 4 modern bathrooms, this like-new property is perfect for maximizing rental income or hosting multi-family living, 2 unique floorplans with high ceilings, quartz countertops, garages with mobile app system and more! Each unit has its own 2-car garage providing secure parking and additional storage plus 2 additional dedicated parking spots per unit. The well maintained backyard is divided per unit with Areca palms as hedge fence offering 2 great serene outdoor spaces for relaxation or entertainment while providing great privacy. Both sides of the backyards are also equipped with an above ground hot tub, ideal for enjoying a relaxing soak.
With its prime location this property is close to shopping, dining, beaches, and all the best that Naples has to offer.
Offered in turnkey Condition it is move-in ready, with zero updates needed.
This is a rare opportunity to own an income-generating property in pristine condition in one of the most desirable cities in Florida. Don’t miss your chance to invest in Naples! Contact us today to schedule a showing!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,200,000
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 | $960,000 | $960,000 | $960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | $801 | $801 | $801 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,387 | $6,147 | $8,429 |
Total Monthly Payment | $7,312 | $7,072 | $9,354 |
* 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.