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An exceptional boating opportunity in Naples at an incredible value! Waterfront living meets direct Gulf access in this charming first-floor residence at Cherrystone Court, complete with a deeded 30-foot boat dock featuring electric & water, a new wooden dock and seawall, and NO BRIDGES to the Gulf — offering the effortless boating lifestyle so many dream of, yet rarely find at this price point. Positioned along a peaceful canal connected to Naples Bay, this 2-bedroom, 2-bath residence offers 1, 276 square feet of inviting living space and tranquil canal and boat dock views from the glass-enclosed lanai. Inside, the condo features an updated kitchen with granite countertops and refreshed cabinetry, along with updated bathroom vanities that add modern touches where it matters most. Lovingly maintained and move-in ready, this residence also presents a rare chance to personalize your waterfront retreat over time and create the perfect Naples escape tailored to your own style and vision. Original flooring and finishes offer the opportunity to update at your pace, while included furnishings make immediate enjoyment possible from day one. Residents of Cherrystone Court enjoy a community pool and BBQ area, all ideally located near the dining, shopping, and coastal lifestyle Naples is known for. Whether you envision sunset cruises, waterfront dining by boat, fishing adventures, or simply relaxing by the water, this is an increasingly rare opportunity to own a waterfront condo with direct Gulf access and a private deeded dock in Naples under $400, 000. Cherrystone Court is a 55+ community
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$399,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $319,200 | $319,200 | $319,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.933% |
| Monthly Tax Payment | $78 | $78 | $78 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,914 | $1,991 | $2,651 |
| Total Monthly Payment | $2,067 | $2,144 | $2,804 |
* 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.