Presented byFrank Sajtar |
Enjoy the Naples lifestyle today without the wait. Outstanding opportunity completely renovated home on Lantern Lake in Port Royal. This property underwent an extensive 18-month renovation. The Large south facing wall of glass overlooking the pool and spa, offers privacy along with beautiful views of the lake. There is a Stunning crystal cut custom chandelier in great room. Complete interior and exterior redesign by Lisa Kahn Designs and Monarch Builders. Beautiful hardwood flooring throughout, cabinetry by Ruffino, new HVAC system, screens and shutters on the new lanai, high end appliances, subzero, and WOLF. This property has Port Royal club eligibility. Get ready to enjoy the spectacular new $100M Clubhouse slated to be completed in summer of 2026. There will be Dining at the beach and pool level. Dazzling gulf views from the main level restaurant with several bar areas providing indoor/outdoor seating options. Beachfront Pool area with Cabanas.
Conveniently located it’s just a short distance to 3rd Street South's and 5th Avenue South's fine dining, world class shopping, entertainment, and Naples' world-famous white sand beaches.
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Our Executive Mortgage Banker:
Our Insurance Division:
$10,750,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 239.776.8382
Frank.Sajtar@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 | $8,600,000 | $8,600,000 | $8,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.877% | 6.977% | 7.041% |
Monthly Tax Payment | $4,512 | $4,512 | $4,512 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $58,667 | $56,496 | $76,699 |
Total Monthly Payment | $63,304 | $61,133 | $81,336 |
* 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.