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Ideally, in one of Old Naples desired coastal enclaves, just three blocks from pristine white sand beaches of the Gulf and a leisurely visit to iconic Fifth Avenue South and the new Four Seasons Naples Beach Resort, this private coastal residence presents an exceptional opportunity in an irreplaceable setting. On a desirable 0. 23-acre corner homesite in the sought-after X Flood Zone, the property enjoys preferred southern and western exposure and is beautifully enveloped by mature landscaping, offering a rare sense of privacy in the heart of downtown. Influenced by mid-century architectural design, this four-bedroom residence, complemented by an office and an open loft, features a thoughtfully conceived floor plan within a generous two-story interior, creating an inviting backdrop for refined entertaining and future customization. Soaring ceilings and an open-concept living environment seamlessly connect the great room, kitchen and dining areas, all oriented toward a sun-filled outdoor oasis with an inviting swimming pool, classic paver decking, and a tranquil, landscaped backyard retreat, ideal for relaxed coastal living. Discreetly serviced by a two-car garage accessed via a private rear alley, the home’s elegant street presence is preserved, enhanced by a circular drive and curb appeal. For added peace of mind, the home is concrete block construction with steel roof trusses and due to X-zone location did not receive storm water during hurricanes, according to the owner. Set along one of Old Naples picturesque mahogany tree-lined streets, this exceptional offering blends timeless character, a premier location and limitless potential. Ideally just moments from the beach and world-class dining, refined boutiques, renowned galleries, theatres and vibrant coastal lifestyle that defines downtown Naples.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,250,000
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 | $3,400,000 | $3,400,000 | $3,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.289% | 6.235% | 6.058% |
| Monthly Tax Payment | $2,861 | $2,861 | $2,861 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $20,112 | $20,659 | $28,462 |
| Total Monthly Payment | $23,098 | $23,645 | $31,448 |
* 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.