New construction opportunity in desirable Lake Park, just minutes to downtown 5th Ave. Located on a quiet, peaceful street, this 4 bedroom 3 bathroom coastal cottage style home checks every box. With construction led by Modern Method Build, highlights include 12 foot tray ceilings, detailed millwork, custom cabinetry throughout, wide plank wood flooring, saltwater pool with travertine pool deck, outdoor kitchen and grill, 2 car garage, 500 gallon buried propane tank, and much more. The open floor plan will allow seamless flow from inside the home to the outside patio, ideal for entertaining. A sizeable master bedroom with T&G ceiling detail and spa like bathroom feels like a permanent vacation. Three spacious guest bedrooms provide ample space for kids or guests, while the guest bathrooms are stylish and sophisticated. Contemporary hardware, high end plumbing fixtures, and exquisite detail all add to the allure of this stunning home. Located in the evolving Lake Park community, owners will enjoy the prime Naples Location; less than a mile to high end shopping and dining of 5th Ave and less than a mile to the Gulf of Mexico. Estimated completion: Jan or Feb 2023.
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William Raveis Real Estate
VP, Mortgage Banker
William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr)
Adjustable Rate Jumbo*
|Term||360 months||360 months||180 months|
|Initial Interest Rate**||6.000%||6.125%||6.000%|
|Interest Rate based on Index + Margin||4.250%|
|Annual Percentage Rate||6.933%||6.210%||6.181%|
|Monthly Tax Payment||$283||$283||$283|
|H/O Insurance Payment||$125||$125||$125|
|Initial Principal & Interest Pmt||$13,670||$13,854||$19,240|
|Total Monthly Payment||$14,078||$14,262||$19,648|
* 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.