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Rarely does an opportunity arise that compares to 30 3rd Avenue South in Old Naples with . 67 acres and 169 feet of pristine beachfront. Just a few blocks to Fifth Avenue’s popular boutiques and restaurants, this property offers a lifestyle that is perfection. Designed by Richard Morris, this art deco-inspired architectural gem was designed to maximize the stunning water views, showcase fine art, and create a seamless flow of interior and exterior living. A grand entry welcomes you into a soaring 22-foot foyer where a sweeping staircase or personal elevator takes you to the elevated art gallery, setting the stage for the breathtaking interior. The great room, expanding with volume and light, is the heart of the home. It flows seamlessly into the adjacent dining area, lanai, and lounge with custom millwork and a wet bar. A spiral staircase rises to an intimate observation deck with endless ocean views. The spacious kitchen suite offers everything a chef needs for effortless entertaining, featuring an open plan with indoor and outdoor dining counters, a walk-in pantry and high-end stainless-steel appliances. Your primary suite is a private oasis with direct access to the beach-front balcony, and private pool and lanai. The spa-inspired en-suite bath features a glass-enclosed walk-in shower with ocean views. Steps away, a private bedroom/den provides an ideal home office or quiet retreat. The east wing of the residence features four large en-suite bedrooms and a dedicated laundry. The versatile northeast bedroom could double as an ideal artist studio due to its exceptional natural light and storage. Outside, the elevated screened courtyard and gardens create a soothing sanctuary for year-round enjoyment. The expansive covered lanai features a kitchenette and dining area making it a focal point for causal entertaining. Exterior block construction, a first-floor elevation of over 19 feet above sea level, NGVD, and electric storm shutters make this rock-solid home a haven of safety and security. Professional landscaping, lighting and iconic outdoor sculptures complete this exceptional residence. This harmonious blend of luxury, serenity and convenience just blocks from the bustling boutiques, galleries and renowned restaurants of 5th Avenue and Third Street. Make it your new home and be just minutes from everything we love about life in Naples.
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Our Executive Mortgage Banker:
Our Insurance Division:
$35,500,000
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 | $28,400,000 | $28,400,000 | $28,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.375% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.511% | 6.415% |
Monthly Tax Payment | $2,715 | $2,715 | $2,715 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $172,561 | $177,179 | $243,508 |
Total Monthly Payment | $175,401 | $180,019 | $246,348 |
* 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.