Development order ready for this 9-unit modern duplex master planned Pickleball and Pool Community. Investors dream and presents an excellent investment opportunity, the offering is a seamless blend of design, durability, and functionality with the plan for the Naples lifestyle enthusiast. Each luxury unit is planned to feature a thoughtfully designed layout with four spacious bedrooms, four full bathrooms, and an additional half bath, catering to the needs of families or discerning renters. Built with a focus on resilience, low maintenance, and FUN! The property is planned to be constructed using impact-resistant materials and equipped with hurricane-code roof tie-downs, FEMA-approved flood vents, ensuring lasting durability and peace of mind. Ideally the interiors are planned for an exquisite showcase of modern touches, with expansive windows that bathe the space in natural light, and eight-foot doors with elegant lever-style hardware. Bathrooms are meticulously crafted with custom wall and floor tiles, glass shower enclosures, and the added convenience of a bathtub inside the shower enclosure an ideal modern layout. Outdoor terraces and balconies are equally impressive. Entertaining or grilling spaces equally designed for FUN. Each unit also boasts a spacious two-car garage, adding both convenience and value. This property is a harmonious fusion of modern aesthetics and practical design TO BE built in one of Naples' most up and coming neighborhoods, offering a maintenance-free lifestyle without compromising on style or quality located just steps from all that Naples offers. Ideal for investors seeking a high-performing asset, this master planned condo community is poised to attract premium owners.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,250,000
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 | $1,800,000 | $1,800,000 | $1,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.748% | 6.786% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,825 | $11,526 | $15,804 |
Total Monthly Payment | $11,950 | $11,651 | $15,929 |
* 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.