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Welcome to an extraordinary opportunity in one of the most sought-after waterfront locations near John’s Pass in Madeira Beach! This double lot, offering two parcels to be combined at closing, is a rare gem being sold below land value. Whether you’re dreaming of a spacious Single Family Home or a Duplex investment property, this property provides it all with plenty of space to add a pool and bring your outdoor oasis to life. With 104 feet of deep water frontage, THREE private docks, and immediate Gulf access, this property is a true Boater’s Dream. Cruise to John’s Pass Sand Bar, spend the afternoon exploring Egmont Key, or set out for a day of world-class offshore fishing—all just minutes from your backyard. Perfectly positioned just one inlet north of John’s Pass, and walkable to the beach, top-rated restaurants, bars, and shops, this is coastal living at its finest. Enjoy the privacy of only one neighboring residence and take in the ever changing, tranquil water views daily. And when you’re ready for the city buzz, you’re just a short drive from Tampa International Airport, award winning museums and downtown scenery, amazing eateries, and Tampa Bay's Championship sports teams. Whether you’re building your dream home or investing in a lucrative rental opportunity, this is your chance to own a slice of paradise in the vibrant heart of the Gulf Coast. Both homes experienced flooding during Helene and are being sold as-is for land value. Showings by appointment only. Please call listing agent to schedule and let's make your dreams of owning a Beach House a reality!
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Our Executive Mortgage Banker:
Our Insurance Division:
$949,000
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 | $759,200 | $759,200 | $759,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.961% | 6.764% | 6.666% |
Monthly Tax Payment | $430 | $430 | $430 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,736 | $4,861 | $6,613 |
Total Monthly Payment | $5,258 | $5,383 | $7,135 |
* 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.