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Brand New Construction completed in 2025 - This Dual-Unit Property is a Rare Find in Southwest Florida. Designed like a duplex, this property features two completely separate living areas, each with its own Private / separate entrance which also includes separate meters. Each Living area has its own kitchen, air conditioning, washer / dryer, water heater and 2 bedrooms and 2 full bathrooms in each unit. This property is a awesome opportunity for an investor owner looking for rental income or home with mother-in-law suite. Located in a highly desirable area near restaurants, shopping centers, I75, Bonita Beach Road and North Naples. The unit is also located close to some of the nicest beaches in Southwest Florida - great opportunity to use as Airbnb or to live on one side and rent the other. Additionally, the adjacent brand new constructed unit at 11671 Pawley Avenue is identical and could be sold as a package, providing an great investment opportunity to maximize rental income. Opportunities like this are very rare.
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Our Executive Mortgage Banker:
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$699,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.042% | 6.160% |
Monthly Tax Payment | $65 | $65 | $65 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,674 | $3,674 | $4,681 |
Total Monthly Payment | $3,831 | $3,831 | $4,838 |
* 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.