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MULTIPLE OFFERS RECEIVED. PLEASE SUBMIT HIGHEST AND BEST OFFER BY 05/24/24. Call Erin with questions 302-743-1590. Discover a unique opportunity in the highly sought-after Park Shore neighborhood, known for its proximity to exclusive shopping, dining, and the optional private beach available only to Park Shore residents. Just a short distance from the beach, this property also offers access to the Park Shore Marina, which provides private boat slips and boat rentals—perfect for enjoying Naples’ exceptional waterfront lifestyle. Situated within the enclave of Point West, this lot is one of only 16 homes in the entire community, offering unparalleled exclusivity. What sets this property apart is the view—a beautiful open space maintained by the community, providing tranquility and additional room for gatherings. This type of open space is a rare find west of 41 in Naples. For added convenience, the community features a hut with a shared pool, perfect for socializing and entertaining guests. The Waterside Shops and Village Shops at Venetian Bay are just minutes away, allowing you to enjoy dinner, ice cream, and a sunset—all within walking distance. Additionally, a popular farmers market is nearby, making it easy to enjoy fresh produce and local goods. Custom plans by a renowned local architect have been completed for a roughly 4, 000-square-foot residence, including standout features such as a 4-car garage and a swimming pool with in-pool seating and table—ideal for hosting friends and family. If the buyer chooses to use these plans, it could save over six months of building time. The lot was recently cleared, allowing for a quicker, more efficient start to construction, saving both time and money. However, the buyer also has the option to create custom plans to suit personal preferences. This is a once-in-a-lifetime opportunity to build your dream home in one of Naples' most exclusive neighborhoods. Don’t miss out on making this exceptional parcel your own.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,700,000
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 | $1,360,000 | $1,360,000 | $1,360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.739% | 6.686% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,374 | $8,708 | $11,847 |
Total Monthly Payment | $8,499 | $8,833 | $11,972 |
* 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.