REDUCED BELOW MARKET VALUE & ready for a buyer to call it home. This is THE BEST priced investment in the desirable Vanderbilt Yacht & Racquet Club. Step into a world where luxury meets nature where it's conveniently located on the ever so popular Naples Vanderbilt Bay and directly across from beautiful Vanderbilt Beach. Imagine starting your day with the sun rising over the bay with astounding panoramic views from every room. Truly breathtaking and the lanai has access from the both bedrooms and living. Whether it’s a match on the tennis courts, a peaceful kayak paddle on the bay, or lounging by the bayside pool, every moment is an indulgence and offers a sense of community and tranquility in this desirable community. Enjoy gatherings at the Tiki Hut, savor BBQs by the fire pit, or stay fit in the well-equipped fitness center. Plus, the building is beautifully decorated and has a dedicated on-site manager that ensures every detail is handled with care. Just a stone’s throw from Vanderbilt Beach, you're perfectly positioned to enjoy the best of Naples' sunsets with owners having a private key entrance for beach access. No more trouble finding parking for the sunsets! This condo exudes charm and was recently updated with a fresh coat of chic paint and stunning new Cortec Ivory Coast Flooring, just waiting for you to add your personal touch and make it your dream retreat. Extra storage locker on the 8th floor. This unit doesn't have a boat slip, but could purchase or rent one from an existing unit owner! Pictures reflect the actual unit, a 3D rendering for future possibilities and photos of the 2nd floor common area unit that can be enjoyed by all.
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
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 | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $306 | $306 | $306 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,992 | $3,942 | $5,060 |
Total Monthly Payment | $4,390 | $4,340 | $5,458 |
* 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.