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Incredible Water Views and a Screened Lanai— welcome to 442 Cheetah Drive in the Imperial Wilderness Condominium Association of Naples, Florida. This 2017 1Br/1Ba unit, being sold furnished, is exceptionally clean and relaxing. The kitchen contains ample cabinet space, an island, and dishwasher. The dinette overlooks the screened lanai with an interior view of the TV, and the sitting area contains a couch plus two chairs. In the bath area, you will appreciate the curved corner shower and linen storage. If relaxation with tropical views is what you enjoy, the bedroom will meet your expectations. There are views of the lake, plenty of storage areas, and a queen-size bed. Outdoor living at this residence is paramount. There is a spacious screened lanai with attractive tropical furniture and decor; plus, a rear patio overlooking the lake. On top of all of these tremendous features, Imperial Wilderness Condominium Association is a location where you own the land when you purchase your home. It is not leased land or a Co-Op. Making this opportunity even more attractive, IWCA was never flooded or adversely affected by any recent hurricane. Additionally, the location is brilliant. It is approximately 3 miles to shopping and restaurants, 11 miles to the Naples beaches, and 8 miles to the Marco Island beaches. Airport access is easily attainable— a 45-minute drive (RSW). Maximizing the opportunity to affordably own in Naples, FL, the HOA fee of $898. per quarter is exceptionally reasonable. That fee covers many of your needs: the safety of a gated community, water, sewer, lawn care, basic cable, trash, recycling, and community amenities. Community amenities include 2 pools with spas, bocce, pickleball, pétanque, tennis, shuffleboard, billiards, ping pong, a library, clubhouse, 2 dog parks (1 pet, 40lb. max. ), nature trail, and an extremely active events calendar— there are over 100 activities available per week! If you are looking for fun or a chance to relax in paradise, this is for you!
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$117,000
William Raveis Real Estate
Phone: 888.699.8876
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RVP, Mortgage Banker
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $93,600 | $93,600 | $93,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.132% | 5.541% |
| Monthly Tax Payment | $128 | $128 | $128 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $531 | $561 | $752 |
| Total Monthly Payment | $734 | $764 | $955 |
* 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.