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Presented by![]() Matt Brown |
Welcome home to unit 302 in Tower 400, recently completed and beautifully finished, this Kalea Bay residence provides all the conveniences of living in a brand-new luxury condominium and a 5-star amenities center, a combination that has made Kalea Bay one of the most successful and desirable communities in Naples. This residence features a wall of sliding glass doors leading to a unique expansive extended terrace totaling 1, 242 square feet including 523 square feet of covered outdoor living plus 719 square feet of open balcony area. The interior of the unit lives like a single-family home with 3, 290 square feet of living space including 4 bedrooms and 4 full bathrooms including spectacular primary suite with a massive custom closet. Highlights include stunning wall decor throughout plus impressive built-in units in the great room and the media room including back-lit wall panels that can be dimmed for movies. The lighting fixtures are fabulous and eye catching as you enter the home and accentuate the finishes including wide plank oak wood floors, custom cabinetry and designer touches throughout the home. The open gourmet kitchen features a Wolf gas cooktop and wall ovens, Sub-Zero refrigerator and full height wine cooler and a butler’s pantry with ample storage. The building features a rooftop terrace with a pool and spectacular sweeping views, an open-air fitness center, BBQ grills and an open-air lounge all ideal spots to take in stunning sunsets. Tower 400 is located directly across from the Club at Kalea Bay and provides easy access to 80, 000 square feet of exceptional modern amenities, including a wellness center with a state-of-the art gym, spin room, Pilates, spa services plus 3 resort style pools, 2 open-air poolside bars, fine and casual dining options, outdoor fire pits, a kids’ game room, 8 pickleball and 4 tennis courts, guest cottages and more. Kalea Bay Residents also have the option to join the annual Beach Card Program, based on availability, which grants access to the private Beach Club at Moraya Bay at Vanderbilt Beach for dining both indoor and outdoor as well as beach service including food, beverages, chairs and umbrellas.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,495,000
Broker Associate
William Raveis Real Estate
Phone: 239.580.8864
Matt.Brown@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 |
|
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Loan Amount | $2,796,000 | $2,796,000 | $2,796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
Monthly Tax Payment | $68 | $68 | $68 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,989 | $17,903 | $24,356 |
Total Monthly Payment | $17,182 | $18,096 | $24,549 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.