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Presented by
Vivian Selenow |
Welcome to 76 4th Street North, a rare prime residential homesite perfectly positioned north of Central Avenue on a mahogany tree lined street in the heart of Old Naples most walkable and desirable enclave. Located within an X500 flood zone, the best rating for lowest flood risk, this cleared lot offers an exceptional foundation for a custom coastal residence. From this address, enjoy a true walking lifestyle just steps from the acclaimed shops, galleries, and restaurants of 5th Avenue South, the white sand beaches of the Gulf of Mexico, the farmers’ market, and Old Naples’ year round cultural events. Morning beach walks and evening sunsets can easily become part of everyday life. The lot benefits from rare rear alley access, allowing garage entry from the alley and a clean unobstructed front elevation. This highly desirable feature enhances curb appeal and provides architectural flexibility, something increasingly difficult to find in Old Naples. Buildability is a key strength of this property. The lot supports a residence of approximately 4, 000 square feet including a three car garage and private pool, offering the scale and flexibility today’s luxury homeowners expect. Architectural sketches by MHK Architecture are available, providing a head start with a thoughtfully designed plan featuring three bedrooms plus a study, an upstairs loft, 3. 5 bathrooms, open concept living, and seamless indoor outdoor flow. The property is centrally located within the core Old Naples envelope, where buildable and well located lots are exceptionally scarce. Of the limited number of remaining Old Naples parcels, very few combine walkability, alley access, flood zone security, and meaningful build potential. From a value standpoint, this is a rare opportunity to control design and cost basis in a neighborhood where new construction homes by premier builders are in high demand. This makes the lot especially compelling for buyers who understand construction economics and long term value in Old Naples. This offering is well suited for serious and informed buyers who recognize that there are very few comparable opportunities remaining. 76 4th Street North represents a rare chance to create a custom residence in one of Naples’ most prestigious and enduring neighborhoods, where lifestyle, location, and long term value converge. A must see!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,695,000
Licensed Salesperson
William Raveis Real Estate
Phone: 781.799.0881
Vivian.Selenow@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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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 | $2,156,000 | $2,156,000 | $2,156,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.361% | 6.203% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,754 | $13,275 | $18,194 |
| Total Monthly Payment | $12,879 | $13,400 | $18,319 |
* 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.