Located on a desirable corner lot in the heart of Naples, this charming 2-bedroom, 1-bath home offers an exceptional opportunity for both investors and homeowners. Just minutes from pristine beaches, upscale shopping, and dining, this furnished turnkey residence is move-in ready, making it an ideal choice as either a primary residence or an income-generating rental property rental property. The home features excellent curb appeal with a freshly painted exterior and a bright, open layout that invites natural light throughout.
For those seeking to reimagine the space, the property also offers the potential to build a brand-new dream home on the lot. The seller initially purchased this property (3758 12th St) along with the neighboring home (3760 12th St) as a package. While 3758 has already been successfully rented, both properties present excellent opportunities for future rental income. Now available for purchase individually or together, these properties provide unique flexibility for the new owner.
For a growing family, this is a phenomenal opportunity to acquire both parcels and transform them into a compound. Imagine combining the lots to build a spacious dream home complete with expansive outdoor living areas, a swimming pool, and even a guest house. Whether you’re planning a multi-generational living space to bring family together or envisioning a luxurious retreat, the possibilities are endless.
Adding to its appeal, the property is located in a rapidly evolving neighborhood where new homes are selling in the million-dollar range. The proximity to Hemingway Place, an exclusive community with multi-million-dollar homes, further enhances the value and investment potential of this property. Don’t miss this rare opportunity to own a piece of Naples real estate with unlimited potential for customization and growth!
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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 | $540,000 | $540,000 | $540,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $371 | $371 | $371 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,547 | $3,589 | $4,554 |
Total Monthly Payment | $4,010 | $4,052 | $5,017 |
* 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.