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Thank you for viewing 549 Cheetah Drive in the Imperial Wilderness Condominium Association. IWCA is a gated 55+ community in tropical Naples, FL. YOU OWN THE LAND! Plus, IWCA is brilliantly located— approximately 3 miles from shopping and restaurants, 11 miles from the Naples beaches, and 8 miles from Marco Island beaches. Airport access is also easily attainable— a 45-minute drive to Ft. Myers. Very importantly, this community was never flooded or affected by recent hurricanes. This real estate opportunity, for land only, includes a large corner lot (. 08), driveway pad, RV pad, and shed with a washer and dryer. The outstanding lot offers scenic palm trees, grassy space, and close proximity to the second pool. The rear exposure faces east and is fully equipped for water, sewer, and electricity. Please note: if a buyer is interested in owning a larger area, the owner of this lot also owns the adjacent lot for sale (548 Cheetah Dr. -- listed separately). The HOA fee for IWCA is quite reasonable ($840. per quarter) and covers many of your needs: water, lawn care, basic cable, trash/recycling, and community amenities. Community amenities include the following: 2 pools with spas, bocce, pickleball, pétanque, tennis, shuffleboard, billiards, ping pong, a library, clubhouse, dog parks, and an extremely active events calendar.
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Our Executive Mortgage Banker:
Our Insurance Division:
$105,000
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 | $84,000 | $84,000 | $84,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 7.017% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $517 | $552 | $698 |
Total Monthly Payment | $592 | $627 | $773 |
* 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.