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Nestled among the historic cottages of Old Naples, 160 Broad Avenue South is a newer “Old Florida” style home built to the latest codes in 2017 and thoughtfully expanded since. The main level features a Florida great room with vaulted beadboard ceilings and impact resistant glass overlooking a tropical resort-style pool and separate cabana. The first floor primary suite offers French doors to the pool and garden, while a spacious elevator leads to the second floor. Upstairs, a large family room and gallery connect three generous ensuite bedrooms, each opening to a breezy balcony. Enjoy easy access via the alley to an oversized three-car garage plus guest parking off Broad Avenue. Surrounded by charming cottages, including historic Palm Cottage to the south, the property offers exceptional privacy. Close to the white sand beaches and the vibrant Third Street South district, this home combines timeless charm with modern luxury in one of Naples' most sought-after locations. This is truly downtown Naples living at its finest
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Our Executive Mortgage Banker:
Our Insurance Division:
$14,500,000
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 | $11,600,000 | $11,600,000 | $11,600,000 |
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 | $3,972 | $3,972 | $3,972 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $70,483 | $74,276 | $101,048 |
Total Monthly Payment | $74,580 | $78,373 | $105,145 |
* 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.