Presented byLesley Garlock |
RARE OPPORTUNITY: END UNIT AVAILABLE NOW IN REGATTA! This expansive 8th-floor condominium offers stunning gulf and bay views and an open living space spanning approximately 2, 000 square feet. The thoughtfully designed layout includes 3 bedrooms and 2. 5 baths, featuring a laid-back, open floor plan. Enjoy an additional sitting area off the kitchen and a generously sized lanai, perfect for unwinding and basking in breathtaking sunsets after a day at the beach. This condo has been meticulously maintained over the years, featuring tile flooring throughout the main living area and tropical island-style furniture and decor. The interior is splashed with colors of the ocean and sand, with beautiful blue accents highlighted by the abundant natural light from the extra side windows. Fully equipped with everything you need to enjoy your piece of paradise, just bring your suitcase and flip-flops and move right in. This coastal haven is more than just a property; it’s an opportunity to create your ideal beach retreat. The condo comes with a prime second-level parking space (G-220) and a secure storage room. Regatta offers some of the best value along Vanderbilt Beach and is notably one of the rare pet-friendly condominiums, welcoming your furry companions into this upscale abode. For part-time residents, the flexible rental policy helps ease expenses, with rentals already in place for the end of 2024 and 2025. The property has a long history of consistent rental income. This condo also offers a private bay-side cabana available for separate purchase. Nicely furnished to provide extra space, it includes easy access from the pool, a kitchenette, and a bathroom with a shower. Please inquire for additional details. Residents enjoy a host of amenities, including a tropical waterfall pool, relaxation pool, boat docks, fitness rooms, grilling areas, and more. Located just 500 steps from Vanderbilt Beach and steps away from the renowned Ritz Carlton, this residence is close to upscale attractions such as Mercato, Pavilion, and Waterside Shops. Indulge in designer boutiques, art galleries, diverse dining options, a cinema, and more. Tennis and pickleball courts are planned for the community park just up the street, enhancing the recreational offerings of this coastal retreat. Regatta is a true waterfront haven—pet-friendly, secure, well maintained, steps from the beach, and part of a thriving boating community. RELAX AND ENJOY THE GOOD LIFE!
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:
$1,425,000
Luxury Property Specialist / Director of Rentals
William Raveis Real Estate
Phone: 239.289.1351
Lesley.Garlock@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 | $1,140,000 | $1,140,000 | $1,140,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.333% | 6.876% | 6.936% |
Monthly Tax Payment | $930 | $930 | $930 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,394 | $7,394 | $10,088 |
Total Monthly Payment | $8,449 | $8,449 | $11,143 |
* 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.