425 Cove Tower DR, Naples, FL, 34110 | $1,299,000

As you step into the bright and open FLOOR PLAN of Caribe unit 701, you are surrounded by wrap around vistas of blue skies, views of the Gulf of Mexico and nature!
Favorites of this beautiful property are large bright rooms, and a great open kitchen with large windows - that brings the outside into the property! The kitchen features lots of cabinet space, an eat in morning room off the huge lanai – plus a cozy bright family room that could double as an office. This 2491 SQ/ ft. floor plan has a private guest wing, and two guest suite, w/lanai areas - and 2 full bathrooms. The primary suite has a slider to the main lanai, a large renovated bathroom including a tub, roomy walk in shower, and over sized walk-in closet!
It’s about location location and Caribe at Cove Towers is a prime spot in SW Florida with a Naples address, for a convenient easy lifestyle. Caribe 701 has under building parking; the community is completely gated and has a lovely pool area. The Tarpon Club is steps away if you choose to join. (not included with purchase) Food, beach shuttle and serious tennis!

Features

  • Building Design: High Rise (8+)
  • Heating: Zoned
  • Cooling: Zoned
  • Levels: 1
  • Amenities: BBQ - Picnic,Beach Access,Bike And Jog Path,Bike Storage,Community Pool,Community Spa/Hot tub,Extra Storage,See Remarks,Streetlight,Tennis Court,Trash Chute,Underground Utility,Volleyball
  • Bedrooms: 3
  • Baths: 3 full
  • Complex: CARIBE AT COVE TOWERS
  • Development: COVE TOWERS
  • Year Built: 2001
  • Approx Sq. Feet: 2,491
  • Est. Taxes: $7,371
  • Condo Fee: $4,220 Quarterly
  • Master HOA Fee: $1,768
  • Lot Desc: Zero Lot Line
  • View: Bay,Gulf and Bay,Landscaped Area,Mangroves,Water
  • Community Type: Gated
  • Water Front: Yes
  • Pet Policy: Limits
  • MLS#: 224084799
  • Website: https://www.raveis.com
    /prop/224084799/425covetowerdr_naples_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of Downing Frye Realty Inc.

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NMLS Mortgage Loan Originator ID 16953

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425 Cove Tower DR, Naples, FL, 34110

$1,299,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $1,039,200 $1,039,200 $1,039,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.355% 6.738% 6.684%
Monthly Tax Payment $614 $614 $614
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,654 $6,654 $9,053
Total Monthly Payment $7,393 $7,393 $9,792

* 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.