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Opportunities like this do not come around often. Set on 1. 19 acres in Myrtle Cove Acres, this property offers the space, privacy, and flexibility buyers are looking for, all with no HOA and just minutes from Downtown Olde Naples and the Gulf beaches. Located just off the East Trail, the setting feels quiet and tucked away, yet remains incredibly convenient to shopping, dining, and everyday essentials. The home features a 3-bedroom, 2-bath layout with a unique configuration. Originally designed as a 4-bedroom home, two rooms were combined to create a spacious guest suite, offering flexibility for visitors, a home office, or additional living space. Inside, the home is light and comfortable with large tile flooring throughout the main living areas and wood-style plank flooring in the bedrooms for a clean, consistent look. Double-pane windows and French doors allow for natural light while supporting energy efficiency, and a newer water heater adds peace of mind. The outdoor space is where this property truly stands out. A screened lanai and pool create a private setting to relax or entertain, all surrounded by the openness of the acreage. Additional features include a detached 2-car garage ideal for storage or a workshop, a covered carport, and a circular driveway that provides plenty of parking and easy access. For buyers seeking room to spread out, a flexible layout, and a location that keeps you close to everything Naples has to offer, this property is well worth a closer look.
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William Raveis Real Estate
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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 |
|
|---|---|---|---|
| Loan Amount | $556,000 | $556,000 | $556,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.313% | 6.398% | 5.710% |
| Monthly Tax Payment | $221 | $221 | $221 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,289 | $3,423 | $4,540 |
| Total Monthly Payment | $3,602 | $3,736 | $4,853 |
* 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.