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A rare opportunity is now available at Bayfront in the heart of downtown Naples. This recently renovated, modern and luxuriously furnished three-bedroom, two-and-a-half-bath condominium is ideally a short distance to the beach, and just next to Fifth Avenue’s renowned dining and shopping. The kitchen is a chef’s delight, featuring upgraded GE appliances, designer-level exotic stone countertops and backsplash, and solid cherry wood cabinetry, including a great room wine bar with a 50-bottle refrigerated wine storage system. The home offers an entertainer’s dream lanai with spectacular views of Naples Bay, complete with a bar, a large-screen TV and ceiling and in-wall oscillating fans. Enhancing the living space is a recently installed Marantz high-definition home theater audio system with in-wall Sonos speakers and a programmable universal remote compatible with Google or Amazon devices. This Bayfront residence is the only home in the community to offer unique high-end finishes, including two renovated oversized walk-in closets providing ample storage. Unwind in the primary bath with a steam shower and deep soaking stone tub. A flexible office or guest bedroom accommodates visitors with a double daybed and a custom built-in desk. The laundry room features new cabinetry and a large, newer high-efficiency LG tower washer and dryer. Additional enhancements include plantation shutters, wide-plank French oak wood and stone floors, PGT impact windows and sliders, and a Ring doorbell with Wi-Fi enabled smart lock front entry door. The iconic and sought-after Bayfront community features two rooftop pools, a state-of-the-art fitness center, tennis and pickleball courts, and a recently renovated clubhouse, offering a resort lifestyle in the heart of downtown Naples. As an exclusive incentive, and contingent upon a final executed contract at the current listing price, the seller will include one of the following bonus offers: a lifetime membership to the Freedom Boat Club (paid initiation fee and 12 months of membership dues), with access to their fleet nationwide including the Bayfront Marina location, or a paid Lifestyle Membership to Vineyards Country Club with no waitlist. All memberships are subject to final approval by the respective club and are also subject to immediate and permanent termination by the seller without notice. Don’t wait for new construction without a water view or settle for a location on a busy thoroughfare. This condominium is a discerning paradise lover’s dream home!
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William Raveis Mortgage, LLC
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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 | $1,720,000 | $1,720,000 | $1,720,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.145% | 5.846% |
| Monthly Tax Payment | $551 | $551 | $551 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,901 | $10,312 | $14,168 |
| Total Monthly Payment | $10,577 | $10,988 | $14,844 |
* 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.