This Esplanade by the Islands home, available immediately, is replete with quiet elegance. From the darkened engineered wood flooring to the expresso colored cabinets and upgraded gourmet kitchen, you will delight in your sophisticated surroundings. This is currently the most attractively priced Single Family residence ( Lazio ) in the community, with 3 Bedrooms, 3 Baths plus Den. The Primary bedroom is oversized with a lovely view of the lake through enormous bay windows. The ensuite primary bath has an walk-in shower with a spacious double sink vanity, leading to an oversized closet with built-in features. The gourmet kitchen has an extended quartz countertop, upgraded appliances with large capacity refrigerator and an apron front sink. There are 10' high tray ceilings with recessed lighting, 8' foot doors and large crown moldings. Telescoping slider doors lead to the screened lanai and large back-yard which has been pre-plumbed with electric and natural gas hookups for an outdoor kitchen as well as a pool and spa. The two-car garage has a deep bump-out for a golf cart or work-shop. Automatic lanai ELECTRIC HURRICANE SHUTTERS and a FULL HOUSE GENERATOR ensure security. Esplanade by the Island is a renowned gated community 20 minutes from both downtown Naples and Marco Island. Residents can enjoy walking trails, a dog park with "Puppy Pawties" and "Yappy Hours", tennis and pickleball right now with a fitness center, upscale dining, and resort style pool set to open September 2024. Culinary center coming in the future.
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Our Executive Mortgage Banker:
Our Insurance Division:
$995,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.636% | 6.684% |
Monthly Tax Payment | $667 | $667 | $667 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,031 | $5,031 | $6,934 |
Total Monthly Payment | $5,790 | $5,790 | $7,693 |
* 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.