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Presented by
The HP Team |
A rare and iconic waterfront retreat, the Coral Sandcastle Cottage captures the spirit of 1960s South Florida living, thoughtfully rebuilt to honor the original design principles of the famed Mackle Brothers known for their timeless Biscayne Bay architecture. Perfectly positioned on a canal that opens directly to the mouth of the Cocohatchee River, this property offers quick access to the Gulf within minutes and is surrounded by 3, 000 acres of protected mangroves and estuary, home to extraordinary birdlife throughout the winter months. The exterior is a private oasis featuring 20 tons of imported sand creating your own beach, an expansive hardscape porch that nearly doubles the living space into the outdoors, and a 20’ x 12’ seafoam retractable awning covering the carport for flexible shaded parking or entertaining. Existing pilings allow for easy dock placement, accommodating a sizeable vessel with deep water access. A standing-seam roof of high-gauge metal, and PGT impact resistant windows and doors provide both style and peace of mind.
Inside, the charming vintage cottage aesthetic shines with period-correct furnishings, craftsman-style moldings, custom Hinkley lighting, and a seamless open-concept living, dining, and kitchen area with bar-height seating. Leathered granite countertops resist fingerprints, while a vintage Sarasota Country Club server adds authentic character. Both bedrooms are generously sized, complemented by a large bath, extra hallway storage, washer and dryer hookups, and a layout that lives comfortably like a high-rise condo. Modern upgrades include brand-new central air systems with heat pumps and professionally installed tankless hot water heaters. With no community rental restrictions, a rarity for Naples waterfront, and strong social media recognition, this meticulously curated cottage offers exceptional immediate vacation rental income potential along with long-term investment upside, especially with the U. S. Army Corps of Engineers scheduled dredging of the Cocohatchee River in 2027.
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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Our Executive Mortgage Banker:
Our Insurance Division:
$1,179,000
Sales Associates
William Raveis Real Estate
Phone: 704.773.3309
HPTeam@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 | $943,200 | $943,200 | $943,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.259% | 6.223% |
| Monthly Tax Payment | $433 | $433 | $433 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,504 | $5,731 | $7,959 |
| Total Monthly Payment | $6,062 | $6,289 | $8,517 |
* 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.