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Welcome to 194 Newport Dr, Unit 903 - a waterfront paradise for the outdoor enthusiast! This beautifully appointed first-floor condo in the desirable waterfront community of Port of the Islands truly checks all the boxes! Featuring 2 bedrooms, 2 full bathrooms, and coastal-inspired colors, this home offers a stunning southwest-facing water view that invites you to embrace the Florida lifestyle. Step outside to your private screened lanai, where your Storm Smart electric roll-down shutter provides peace of mind. This unit also includes a single detached garage and comes with a jet dock capable of accommodating a boat up to 24 feet - the perfect setup for boating and fishing enthusiasts. Adventure awaits from land or sea! Take an easy boat ride through the Ten Thousand Islands, passing world-class fishing spots and pristine islands where you can beach your boat for a picnic. Cruise towards Marco Island and Goodland, or head southeast into the Everglades National Park for an unforgettable day on the water. By car, you're just 20 minutes from Marco Island and 30 minutes from downtown Naples, offering easy access to fine dining, shopping, and entertainment. Port of the Islands provides 24-hour fire and EMS services, a ship's store, and a public boat ramp, ensuring convenience and security. Best of all, this waterfront community has never experienced storm surge flooding from a hurricane, making it a safe and resilient place to call home. If you're searching for peaceful living, unmatched natural beauty, and boundless adventure, this is your opportunity to own a slice of paradise!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$389,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $311,200 | $311,200 | $311,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $484 | $484 | $484 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,967 | $2,044 | $2,605 |
Total Monthly Payment | $2,526 | $2,603 | $3,164 |
* 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.