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Lot 170 - You drive past the beautiful entry fountains to the gates of Naples Motorcoach Resort. As the gates open you marvel at the beautiful landscaping and fountain in front of the club house. As you turn down your Royal Palm lined street, you see your personal oasis. You pull in and you once again are in awe of the beautiful lakefront view almost perfectly centered on the majestic fountain. Past the fountain you see the beach that then leads to the pool and beautiful clubhouse. Your view is just spectacular. This year you decide to look at all of the beautiful properties that are paved and landscaped to draw from those ideas to design your own piece of paradise. You have a blank slate, do you want a tiki? a casita? a hardscape? all of the above? You are your own creator of your own version of paradise. But what did you do today? Well you took the community kayaks and launched them from the community boat ramp and went as far as the gulf and back. After all of that you decided a nice dip in the infinity pool and sauna is in order. Naples Motorcoach Resort is a Class A only resort and boasts a beautiful infinity pool, hot spa, exercise room, men's and ladies saunas as well as a kitchen that owners can use. There are also two satellite pools with a hot spa, their own rest rooms and a laundry room. We can't forget your furry best friend, the resort even has a dog park! Special note to investors, looking for a place to invest or reinvest as a 1031 exchange? Look no further, own this piece of paradise and put it into the management run rental program. The rental program administration advertises, schedules renters, collects payment including applicable taxes/fees and sends you your portion. These deeded lots are also mortgage eligible and available for a quick close.
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Our Executive Mortgage Banker:
Our Insurance Division:
$425,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $340,000 | $340,000 | $340,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.280% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,930 | $2,066 | $2,756 |
| Total Monthly Payment | $2,005 | $2,141 | $2,831 |
* 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.