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High & Dry 2nd Floor Beach Oasis – No Flooding Worries! Community Passes Milestone Inspection!
This fully remodeled 2-bedroom, 2-bath condo is your turnkey getaway just steps from the beach. Located on the 2nd floor (no elevator, no flood zone), this unit was completely renovated top to bottom just a year ago. It’s sold fully furnished, so you can move in or start renting it right away. Inside, you’ll find a open floor plan with bright, coastal-inspired living space with all-new vinyl flooring. The kitchen features white shaker cabinets, quartz countertops, stainless steel appliances, and a dedicated coffee bar to start your mornings right which has a Keurig and Mr. Coffee. The island has seating for 4 people. The sitting area and dining room has less than a year-old new furniture! That make it feel welcoming and beach all at the same time. When you walk upstairs you will see a fully remodeled bathroom with full shower with dual sinks and a full washer and dryer. Then you will see a fully furnished bedroom. The Master Bedroom has a designed workspace, smart TV and a pull-out sleeper. All bedrooms have smart TV's along with the family room. The spacious screened-in porch offers the perfect spot to relax after a day in the sun. The Madeira Beach Yacht Club is packed with amenities: 2 heated pools, Fitness center, sauna & jacuzzi, Billiards room, 3 fishing piers. Included in the HOA are cable tv, internet, pool and ground maintenance, pest and termite control, sewer, water, trash, and an on-site community manager. This would make a great primary residence, second home or even a great investment property. The Yacht Club offers a 7 Day Rental. (Last year it generated $59, 600 and this year so far we're at $29, 800) You’re just minutes from John’s Pass Village, sunset cruises, and waterfront dining. Right next door is ROC Park with basketball, tennis, and pickleball courts, plus a jungle gym, baseball & soccer fields, dog park and splash pad, and regular community events. This is beach living made easy—comfortable, convenient, and completely move-in ready.
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Our Executive Mortgage Banker:
Our Insurance Division:
$589,000
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 | $471,200 | $471,200 | $471,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $577 | $577 | $577 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,940 | $3,095 | $3,945 |
Total Monthly Payment | $3,609 | $3,764 | $4,614 |
* 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.