This 2025 new construction 5 bedroom/den 3. 5 bath contemporary was constructed as the first fully composite Structural FRP home in Collier County built to withstand 250 MPH winds, mold and corrosion resistant, water resistant, no rot, rust or deflation, results in sealed structure, thermal neutral, sustainable and recyclable but never a need to replace - virtually indestructible. The builders warranty covers workmanship and defects for year one, through year two all in the wall major systems including plumbing, electrical and AC in wall systems, year 3 through 10 all the defined structural elements (warranty available for review). This homes ratings and approvals include: State of Florida Building Product Approval, UL LEVEL1 BALLISTIC RATED, CLASS A 30 MINUTE FIRE RATING, APPROVED FOR USE IN EXPOSURE “D” HIGH-VELOCITY HURRICANE ZONE REGIONS, APPROVED FOR THE CONSTRUCTION OF EMERGENCY MANAGEMENT & STORM SHELTERS AND RATED “SUPERIOR CONSTRUCTION BY INSURANCE COMPANIES. This house sits up high and did not flood in the recent storms. Outside features include large open decks with artificial turf for entertaining, putting green, pets or to just enjoy the sun and view, synthetic stucco for easy maintenance, fiberglass pool and spa are south facing for sun on the pool all day plus tall tropical plants and trees for total privacy, the environmental brick driveway/parking allow water to be absorbed into the ground below, front hedge has been established if the new Owner would like to install a gate. In addition to the superior construction the homes contemporary finishes and open floor plan are the real attraction. Even though this is a three story home it lives on one level, kitchen dining and great room with walk up bar open to the covered lanai with a summer kitchen and its gas grill all over looking the tropical pool setting. The master suite accesses the pool & spa directly with a stunning bath with separate tub and shower. A bedroom that can be used as an office, the powder room, and the 2+ car garage complete the main level. On the second level there are three guest rooms, two baths, laundry and a 2nd living room/ large den with oversized decks to the south & west. The third level contains a large storage closet and access to a roof top deck with awesome 360 degree views. The staged furnishings can be purchased from the company for a very reasonable price to allow the Buyer to move in immediately and enjoy the season. And best of all - walk or bike to beautiful Vanderbilt Beach or Wiggins State Park - it’s central location near Mercato, minutes to Old Naples, proximity to the airport, golfing and entertainment venues make it the ultimate location.
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$2,495,000
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 | $1,996,000 | $1,996,000 | $1,996,000 |
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 | $319 | $319 | $319 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,279 | $12,781 | $17,525 |
Total Monthly Payment | $13,723 | $13,225 | $17,969 |
* 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.