Not often does a single-family oversized parcel of land on Vanderbilt Dr. in Naples Fl just blocks down to the sand become available. 9940 Vanderbilt Dr. encompasses . 26 acres with approximately 70 ft. of frontage. Renovate the current 3Bed/2Bath home while your new home plans are being developed. This magnificent lot will fit your dream home with plenty of room for a yard and pool. 9940 Vanderbilt Dr. sits across the street from the Bay and Conners. Second story Western views will be panoramic looking towards the Bay and Beach taking in our famous Naples Sunsets.
Live a Captivating Naples lifestyle Just blocks from the new Ritz Carlton Residence, Ritz Carlton Beach Resort, LaPlaya, Mercato, Wholefoods, World class dining, shopping, boating and Pelican Bay community park which features 20 pickleball courts, clay tennis courts, and pavilion. In addition, 2 beach accesses right down the street from your home - Vanderbilt Beach and Delnor Wiggins State Park make this property a very desirable location. This property is zoned for the state-of-the-art new high school - Aubrey Rogers High.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,690,000
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 | $1,352,000 | $1,352,000 | $1,352,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.498% | 6.579% |
Monthly Tax Payment | $164 | $164 | $164 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,657 | $8,435 | $11,685 |
Total Monthly Payment | $8,946 | $8,724 | $11,974 |
* 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.