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Presented by
Burnham Group |
Location Location Location! Welcome to your slice of paradise in beautiful Naples, FL! This property offers a rare no HOA opportunity, providing the freedom and flexibility to build, renovate, or invest without restrictions. Highest and best use would likely be to tear down and build new as this has been a common theme in the community recently with realized success. Located just steps from the renowned Naples Botanical Garden and surrounded by new construction, this area is experiencing exciting growth and future appreciation not to mention the close proximity to 5th Avenue which showcases the best renowned dining, shopping, & cultural experiences this vibrant city has to offer. The property offers ample space for parking boats, jet skis, kayaks, RVs, and multiple vehicles, with the Bayview Boat Ramp just minutes away for convenient water access. Whether you're looking to build your dream home or capitalize on rental income potential, this is an exceptional investment opportunity. Ideally positioned near the vibrant Bayshore Arts District, you’ll enjoy easy access to Celebration Park, Rebecca Maddox’s Food Truck Park, Rebecca’s restaurant, the US National Pickleball Center, Hamilton Harbor boat ramp, and a variety of locally owned restaurants and businesses. Plus, you’re within 10 minutes from 5th Avenue South and the award-winning beaches of Olde Naples, offering world-class dining, shopping, and coastal living. Don’t miss this chance to own in one of Naples’ fastest-growing and most dynamic areas. Property is being sold “as is” at lot value.
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:
$300,000
Sales Associates
William Raveis Real Estate
Phone: 239.825.3505
BurnhamGroup@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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $240,000 | $240,000 | $240,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.296% | 6.406% | 5.668% |
| Monthly Tax Payment | $69 | $69 | $69 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,401 | $1,478 | $1,945 |
| Total Monthly Payment | $1,545 | $1,622 | $2,089 |
* 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.