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Presented by![]() Ellen Vincent |
Spectacular Recent Sand Dollar Award Winner with breathtaking direct beachfront views from the Master, All Living areas and kitchen. Bay views in rear with terraces for both. Located on the perfection of the seventh floor in the
boutique building within the gates and the glam of Naples Cay. This stunning sky estate is the perfect blend of timeless design, modern innovation, and artistic elegance. One of only two direct beachfront high-rise buildings in the exclusive gated enclave of Naples Cay. This chic property is one of the most exquisite and original direct beachfront condos ever on the market as evidenced by the awards and magazine articles. Not the usual developer grade finishes or common place beach themes. This residence is of another caliber. A sophisticated pied-a-terre of over 3000 sq. ft which would be suitable for entertaining National or International dignitaries yet also serves as a residence of complete comfort and total privacy, thoroughly family friendly too. Kayak launch and storage. Walk, bike, or golf cart to The Waterside Shops and restaurants or The Naples Grande, 3 bedrooms and 3 full baths with steam shower and separate sauna in the master with handcrafted cement tiles. The nearly two year labor of love was designed and executed by one of Naples most prestigious firms, Pure Design. Every inch to the studs was renovated, replaced, and expanded from its' origins by expert craftsmen with the intention of design and quality for a lifetime. The furnishings are predominantly custom and could make this sky palace your "move in tomorrow" option. The chef's kitchen features Wolfe appliances including steam and convection ovens and induction cook top with honed Black Jasper counters. The timeless chic design of Modern Spanish Colonial style was created to surpass the trends of the moment and be a comfortable testament to a life well lived. The quality finishings in every nook and cranny of 703 will ruin any other beachfront options on your shortlist within the price range. This residence evokes a feeling of substance not readily available in condominium dwellings at any price point. The antithesis of cold and austere. This abode is the rare combination of excellence in design, while cozy and spacious at the same time. The property is one of very few where exhilaration, sophistication and comfort co-exist. Sweeping views to Sanibel and beyond! Pictures can't possibly do justice to illustrate this property. The Beach House at Naples Cay has performed and exceeded all criteria, improvements and reserves for Structural Integrity Reserve Study and Milestone Study. Documentation provided upon request.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,000,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.313.8862
Ellen.Vincent@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,000,000 | $4,000,000 | $4,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.961% | 6.613% | 6.435% |
Monthly Tax Payment | $1,473 | $1,473 | $1,473 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $24,955 | $25,283 | $34,297 |
Total Monthly Payment | $26,553 | $26,881 | $35,895 |
* 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.