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Let me introduce you to a one-of-a-kind opportunity to own a one-of-a-kind property. This unit is one of two that showcases this direct, captivating view of The Mooring Bay. Wake up and smell the coffee. This is an outstanding opportunity to buy into luxury living under $1, 000, 000. With the new projects taking place on Gulf Shore Blvd N this property is an incredible investment as the property values are going to rise in the years to come. Whether you are looking for a home-away-from-home during the bitter winter months up north or you are looking for an investment property that will render $10, 000/ per month seasonally ( allowing two leases per year 30 day minimum). This is it. The condo is one of 14 that comes with a deeded boat slip allowing up to a 32” boat. NO bridges, DIRECT access. If you do your research you will find that this is one of the very few units on the street that can offer direct access meaning you have more freedom on what type of boat you would like to purchase. Renovated top-to-bottom. Recessed lighting throughout on top of the abundance of natural lighting truly sets the beach home vibe. Newly updated kitchen and bathrooms, Carrara Marble Countertops, state-of-the-art appliances and in-unit laundry for ease-of-maintenance. Hurricane impact windows and doors. One of the lowest HOA fees on the street at only $13, 012 a year. Let's also not forget that we are a short bike ride away from Venetian Village and Waterside Shops - waterfront dining, shopping and entertainment. This condo is in the center of the historic charm of old Naples with its unique boutiques, art galleries and renowned restaurants. You have the option to join the Mooring Private Beach Club for a small fee and Golf Memberships are also available at The Moorings Country Club if you so wish.
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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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$875,000
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 | $700,000 | $700,000 | $700,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.750% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 5.585% | 5.806% |
| Monthly Tax Payment | $379 | $379 | $379 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,920 | $4,085 | $5,766 |
| Total Monthly Payment | $4,391 | $4,556 | $6,237 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.