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Opportunity meets potential on this 1. 14-acre Golden Gate Estates property. This minor fixer-upper presents an exceptional opportunity for a first-time homebuyer, investor, or anyone seeking a renovation project with strong upside potential. Situated on 1. 14 acres, this 3-bedroom, 2-bath home offers approximately 1, 300 square feet of living space and features several valuable improvements already in place, including a whole-house reverse osmosis water filtration system, whole-house standby generator for added peace of mind during power outages. Well, septic system, electrical service, and driveway are all there.
While the home is ready for updating, it provides an excellent opportunity to build equity and customize the property to your vision while benefiting from the continued demand for acreage homes in Golden Gate Estates. Buyers can renovate and flip, hold as a long-term investment, or modernize the home and capture value in one of Naples' most sought-after acreage communities. The property also offers excellent potential as a rental investment, seasonal getaway, or private country retreat.
Properties offering acreage, existing infrastructure, and value-add potential are becoming increasingly difficult to find. With 1. 14 acres of usable land and key improvements already in place, this property provides flexibility for a variety of investment, renovation, and home ownership goals. The home is owner-occupied; Call for your private tour!
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$345,000
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 |
|
|---|---|---|---|
| Loan Amount | $276,000 | $276,000 | $276,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.358% | 6.640% | 5.952% |
| Monthly Tax Payment | $27 | $27 | $27 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,653 | $1,743 | $2,292 |
| Total Monthly Payment | $1,755 | $1,845 | $2,394 |
* 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.