116 Sharwood DR, Naples, FL, 34110 | $1,190,000

JUST REDUCED - RARE GULF ACCESS OPPORTUNITY Palm River Estates
This rare Gulf access waterfront property offers an exceptional opportunity in the heart of North Naples. Situated on a spacious 0. 62-acre lot, the property delivers privacy, flexibility, and endless potential, just minutes from Naples' white sand beaches, world-class dining, shopping, and top medical facilities.
Enjoy direct boating access through scenic mangrove-lined waterways to Wiggins Pass and the Gulf of Mexico, ideal for boating, paddleboarding, and fishing from your own backyard. The 2021 composite dock with water and electric makes launching a boat, kayak, or paddleboard effortless.
Outdoor living is a true highlight, featuring a 14 x 28 deep pool, an eight-seat tiki bar, tiki style hut with picnic seating, outdoor shower, and a 10 x 33 screened lanai with three electric roll down shutters, creating the perfect setting for entertaining and relaxing.
Additional features include a 22kW whole house Generac generator, reverse osmosis water system, and clear panel hurricane shutters for peace of mind. There is ample space for boat and RV storage, plus room to expand or customize the home to suit your vision.
The 2, 114 square foot residence is built on a solid stem wall foundation and offers three bedrooms, two baths, formal living and dining rooms, a family room, and a breakfast nook, providing flexible living spaces with excellent potential.
A rare opportunity to secure Gulf access, lot size, and location in one of Naples' most desirable non-HOA communities, now offered at a new price and ready for immediate consideration.

Features

  • Amenities: Internet Access,See Remarks
  • Bedrooms: 3
  • Baths: 2 full
  • Style: 1 Story/Ranch
  • Development: PALM RIVER ESTATES
  • Year Built: 1988
  • Garage: 2.00 Attached
  • Heating: Central Electric
  • Cooling: Ceiling Fans,Central Electric
  • Approx Sq. Feet: 2,114
  • Acreage: 0.62
  • Est. Taxes: $2,960
  • Master HOA Fee: $360
  • Lot Desc: Regular
  • View: Canal
  • Community Type: Non-Gated
  • Water Front: Yes
  • Boat Access: Boat Dock Private,Composite Dock,Dock Deeded,Dock Included,Water Avail at Dock
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 225058719
  • Website: https://www.raveis.com
    /mls/225058719/116sharwooddr_naples_fl?source=qrflyer
Courtesy of

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Odamis MartinezLuxury Properties Specialist

239.777.6276

Odamis.Martinez@Raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

116 Sharwood DR, Naples, FL, 34110

$1,190,000

Odamis Martinez

Luxury Properties Specialist

William Raveis Real Estate

Phone: 239.777.6276

Odamis.Martinez@Raveis.com

Melissa Cohn

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 $952,000 $952,000 $952,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 5.875% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.229% 6.007% 5.952%
Monthly Tax Payment $247 $247 $247
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,405 $5,631 $7,906
Total Monthly Payment $5,777 $6,003 $8,278

* 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.