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Positioned on a quiet interior street in Old Naples’ Lake Park, 1179 Broad Avenue North presents a rare opportunity to own a newly completed 2025 custom residence, never lived in and thoughtfully designed for refined coastal living just moments from Fifth Avenue South, Third Street South, and the Gulf’s white-sand shoreline. Spanning 4, 669 square feet, this five-bedroom plus den estate offers an effortless balance of scale and intimacy, anchored by a ground-floor primary suite with a private sitting area and a spa-inspired bath. Upstairs, a secluded loft and guest wing create a distinct retreat for visitors. The open-concept great room is framed by expansive sliders that dissolve into a screened lanai, revealing a heated saltwater pool and spa, a fully appointed outdoor kitchen with gas grill, fireplace, and outdoor shower—an elegant expression of Naples’ signature indoor-outdoor lifestyle. At the heart of the home, the kitchen is both functional and striking, appointed with a Thermador appliance suite, quartzite countertops, an oversized island, walk-in pantry, and a wet bar with wine refrigeration. Interior finishes include wide-plank wood and large-format tile flooring, coffered and volume ceilings, custom millwork, a sculptural staircase, integrated surround sound, and a gas fireplace. Constructed for enduring quality, the residence features solid concrete block construction on both levels, a standing seam metal roof, impact-resistant windows and doors, electric storm shutters, zoned HVAC with whole-house humidity control, tankless water heating, propane service, and a three-car garage with a circular paver drive. With no HOA and a coveted in-town location, this is a compelling offering for those seeking a newly built Old Naples address with enduring design and effortless proximity to the area’s most celebrated dining, shopping, and coastal experiences.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
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 | $3,996,000 | $3,996,000 | $3,996,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.235% | 6.164% |
| Monthly Tax Payment | $725 | $725 | $725 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $23,638 | $24,280 | $33,721 |
| Total Monthly Payment | $24,488 | $25,130 | $34,571 |
* 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.