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NEW ROOF in 2023. Discover the charm and potential of this unique property featuring a 3-bedroom, 2-bath main home plus a detached guest house, perfectly situated between Old Naples and the fast-growing Bayshore Arts District. Just one mile from Fifth Avenue South and another half-mile to the beach, this location offers easy access to top-tier dining, shopping, and the Gulf's white-sand shores. Originally built in the 1950s, the home was opened up and refreshed in 2021 and recently updated with new luxury vinyl flooring. Fully fenced-in front and backyard for kids and pets' peace of mind. It blends historic character with modern comfort and offers flexible living for families, seasonal residents, or investors. The detached guest house adds incredible value—ideal as an in-law suite, rental unit, studio, or office with alley access off Jackson Avenue. There's also an existing well. Located in a non-deed restricted neighborhood and no HOA fees! This home is walking distance to Celebration Park, Naples Botanical Garden, Baker Park, Sugden Park, and the scenic Gordon River Greenway. It’s also close to schools, shopping, and local eateries, making it ideal for both personal use and income-producing opportunities like annual rentals or Airbnb. Being sold AS IS, this property is a rare opportunity in a prime Naples location with flexibility, character, and tremendous upside.
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Our Executive Mortgage Banker:
Our Insurance Division:
$485,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $388,000 | $388,000 | $388,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.436% | 6.603% | 5.952% |
| Monthly Tax Payment | $267 | $267 | $267 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,358 | $2,450 | $3,222 |
| Total Monthly Payment | $2,700 | $2,792 | $3,564 |
* 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.