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Presented by
Cyndi White |
Nearly 2 acres just minutes from downtown Naples—an exceptional development opportunity zoned for up to 11 residences! Set in a rapidly evolving area, this expansive property offers a rare chance to create a private enclave of luxury homes or a boutique residential development in one of Naples’ most desirable locations. With RMF-6 zoning allowing for up to 11 units or multiple single-family residences, the possibilities here are both flexible and compelling. The existing structures are being sold for land value and provide a clean slate for redevelopment, allowing a new owner to fully realize the potential of this unique offering. Tucked away on a quiet street with water access leading to Naples Bay, the setting delivers a rare combination of privacy, scale, and proximity—just moments from 5th Avenue South, the beach, and Naples’ premier dining and shopping. Large parcels this close to downtown are increasingly scarce, making this an outstanding opportunity for developers, investors, or those looking to build a signature residential compound in a high-growth area.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$3,695,000
Sales Associate
William Raveis Real Estate
Phone: 781.249.0490
Cyndi.White@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.335.8179
Michael.Cartier@raveis.com
NMLS Mortgage Loan Originator ID 1017266
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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 | $2,956,000 | $2,956,000 | $2,956,000 |
| 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 | $1,771 | $1,771 | $1,771 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $17,486 | $17,961 | $24,944 |
| Total Monthly Payment | $19,382 | $19,857 | $26,840 |
* 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.