Presented byLesley Garlock |
This exceptional terrace condo presents highly sought-after, breathtaking bay views that can be enjoyed from the expansive private terrace—spanning over 600 square feet of outdoor space perfect for entertaining, dining, and family gatherings. Convenient staircases provide quick access to the pool area, while the property includes a designated garage parking space and a storage closet for added convenience. The open-concept interior features 9-foot ceilings and 8-foot doors, creating an airy and welcoming atmosphere. The master suite is a true retreat, offering a jetted tub, dual sinks, a walk-in shower, a spacious custom-organized walk-in closet, and direct access to the lanai. Recent updates include modernized mechanical systems such as an HVAC unit with an advanced APCO-X UV Light Air Treatment System, a hot water tank, hurricane shutters, large diagonal tile flooring, updated cabinetry, and elegant lighting fixtures. Ideal for boating enthusiasts, the property includes access to floating docks with 55 slips equipped with electricity, water, and dock boxes—providing seamless entry to the Gulf. Slip #42, conveniently visible from the terrace, is available for separate purchase. Regatta is one of the rare pet-friendly communities in the Vanderbilt Beach area, boasting resort-style amenities that include two fitness centers, a poolside grill and picnic area, a tropical waterfall pool, a hot tub, a lounge pool, on-site management, and 24/7 security. Situated just a short stroll from Vanderbilt Beach, this condo invites you to bask in the sun, take a refreshing swim, or enjoy watersports followed by lunch at the iconic Turtle Club. Vanderbilt Beach is renowned for its stunning sunsets, making it one of Naples’ top spots for evening relaxation. Additionally, the property is near exceptional dining options such as the Ritz Carlton, the Lighthouse, and LaPlaya, ensuring everything you desire in a tropical paradise is within reach.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,400,000
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 | $1,120,000 | $1,120,000 | $1,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.750% | 6.664% |
Monthly Tax Payment | $969 | $969 | $969 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,171 | $7,171 | $9,756 |
Total Monthly Payment | $8,265 | $8,265 | $10,850 |
* 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.