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Presented by
Keith Clarke |
A rarely offered opportunity! THE LOWEST PRICED HOME ON THE BEACH BLOCK IN ALL OF NAPLES. (Optional 50' boat slip at the Cove Inn available for purchase with this property) Just steps from the iconic Naples Pier and the sugar-sand beaches of Naples, FL. This one-of-a-kind treehouse bungalow is tucked within a lush tropical landscape and offers the perfect blend of modern amenities and artistic character. Designed for both relaxation and entertaining, the property provides a true private retreat while being just moments from world-class dining, shopping, and the vibrant lifestyle of 3rd Street South. Inside and out, the home boasts a collection of unique features including a durable metal roof, a heated swimming pool, a private courtyard oasis, and a detached bar house with its own kitchen for effortless entertaining. Tranquil touches such as a koi pond, a "widows-watch" raised covered seating area, an infrared sauna, and an outdoor shower create a spa-like atmosphere, while alley access adds convenience and future potential. Set on an oversized 77' x 151' lot, the possibilities here are endless. For investors, the property offers strong potential as a vacation rental or as a new construction spec home in one of Naples’ most sought-after neighborhoods. For end users, it’s an extraordinary canvas to create your dream beach retreat just steps from the Gulf of Mexico. With the newly reimagined Naples Pier soon to be completed, this property represents a truly rare chance to own a piece of paradise in the heart of Olde Naples. This property is a MUST-SEE!
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$6,999,000
Sales Associate
William Raveis Real Estate
Phone: 415.230.9965
Keith.Clarke@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.2006
Francine.Silberman@raveis.com
NMLS Mortgage Loan Originator ID 69244
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
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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 | $5,599,200 | $5,599,200 | $5,599,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.145% | 5.846% |
| Monthly Tax Payment | $1,441 | $1,441 | $1,441 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $32,232 | $33,570 | $46,122 |
| Total Monthly Payment | $33,798 | $35,136 | $47,688 |
* 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.