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Naples Bay front property for unparalleled Florida waterfront living in the heart of Old Naples! One of a kind 0. 45AC Naples Bay front lot with nearly 300' of water frontage. The ultimate boater's dream property with unparalleled boating access!
Direct, unrestricted westward views of Naples Bay and of Naples Yacht Club Marina. Situated on no wake zone portion of Naples Bay for quiet and peaceful living directly on Naples Bay. The property can accommodate the largest boats having nearly 300' of water frontage. New seawall and riprap. Previously permit approved for a beautiful 8, 600SF Florida Cottage style custom home with multiple docks extending into Naples Bay already DEP approved.
SW exposure provides beautiful sunsets from your own piece of Old Naples as close as possible to down town/5th Ave and easy short walk to Naples Bay Resort. Located just minutes from the beach and downtown's 5th Avenue, this property provides the best of all things Naples has to offer.
This oversized property of 21, 660SF has the potential to be split into two separate parcels of over 10, 000SF each for a great investment opportunity of having two separate bay front parcels for less then $5M.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,195,000
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 | $3,356,000 | $3,356,000 | $3,356,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 5.972% | 5.826% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $18,793 | $19,852 | $27,644 |
| Total Monthly Payment | $18,918 | $19,977 | $27,769 |
* 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.