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Incredible tropical and golf-course views on this over sized lot. The spacious lanai overlooks the pool and is perfect for outdoor entertaining. No Wait List for the Players Club and Spa membership! This well cared for home is located in Lely Resort's Masters Reserve subdivision. Just minutes from Olde Naples and the beach. This rarely available Augusta II floor plan offers just under 3000 sq ft under roof and 2, 000 sq ft of airy living space with vaulted ceilings .
The primary suit includes a large bathroom with two vanities, a soaking tub and two walk in closets. The guest bedroom has a king sized bed and the other with two extra long twins which can be combined to make a king. Located on an oversized pie shaped lot, perfect for privacy . Enjoy your large free-form pool with a lush tropical view, perfect for relaxing or entertaining. The home features a spacious two-car garage with built-in storage and comes fully furnished, turn-key ready—with income included! Investors note, this home allows 12 rental per year, a rarity these days. And pulled in $53k in income last year . Fee's include water for the lawn and lawn care, no need to buy a mower, and low water bills . .
No Waiting when you purchase this home your already a member to the Players Club & Spa at Lely Resort, a 15-acre tropical retreat offering resort-style pools, a large fitness center, and a full-service spa. It features indoor and outdoor dining, including a popular Tiki Bar, and has extensive sports facilities like tennis, pickleball, and bocce courts. The club hosts social events, classes, and concerts, and includes family-friendly amenities such as a splash pool, play area, and theater room.
Be sure to click on the virtual tour! Easy to see, same day showings give us a call . Pet friendly too! Enjoy the Bark park for Lely residents .
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William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $745,600 | $745,600 | $745,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.440% | 6.110% | 5.952% |
| Monthly Tax Payment | $697 | $697 | $697 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,292 | $4,470 | $6,192 |
| Total Monthly Payment | $5,081 | $5,259 | $6,981 |
* 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.