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Presented by![]() Tricia Jenks |
Just one home from the beach, this custom-built residence on a desirable corner lot at Gulf Shore Boulevard and 1st Avenue N blends elegance and superior craftsmanship with modern design. Created by Stofft Cooney and Big Island Builders in 2019, this home boasts exceptional finishes, including imported marble and wood flooring, intricate tilework and fixtures, custom impact doors and windows, and elevator. On an enchanting Mahogony tree-lined street and built for durability featuring two levels of concrete block construction, an elevated foundation, a custom metal roof and whole-house generator. The chef’s kitchen includes a Lacanche Volnay range, and Wolf and Sub-Zero appliances. The great room opens to a screened lanai with an Alfresco grill, overlooking a private pool and lush gardens framed by a tiled wall and mature landscaping. The first floor has a luxurious primary suite with an office, a large second bedroom with en suite, a library and an inviting family room. Upstairs offers two additional bedrooms with en suites, a lounge and bonus spaces. With southern exposure, outdoor living, gulf-view balconies and dog run, this home provides tranquility and privacy in a prized, Old Naples location. Resilient during hurricanes Ian and Milton, according to the owner, the house and pool deck had no water intrusion or loss of power.
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Our Executive Mortgage Banker:
Our Insurance Division:
$12,550,000
Sales Associate
William Raveis Real Estate
Phone: 239.595.0024
Tricia.Jenks@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 | $10,040,000 | $10,040,000 | $10,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.764% | 6.435% |
Monthly Tax Payment | $3,941 | $3,941 | $3,941 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $61,818 | $64,287 | $86,085 |
Total Monthly Payment | $65,884 | $68,353 | $90,151 |
* 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.