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A stunning Gulf front condo with breathtaking views sitting just feet away from the Gulf with private access to our pristine white sandy beaches. Large screened wraparound balconies give multiple sunset views with great space to entertain people. You won’t find such an expansive area for balconies on the Gulf with a panoramic view. The unit has been meticulously maintained and beautifully updated. Open and spacious living area and kitchen combo. The kitchen was reconfigured to give open views and more space and was remodeled in 2023 with custom white cabinets, quartz countertops, and stainless-steel appliances with a hood exhaust range. You’ll love the sleek floating shelves in the kitchen with plenty of space to eat at the kitchen bar as well. A large built-in pantry area, an interior laundry room, and custom cabinets provide more storage than any other 2-bedroom unit. Premium vinyl plank with extra cork underlayment for noise protection installed in 2023. New hot water heater in 2022 along with both bathrooms being completely remodeled in 2021. Both bedrooms are very spacious with large walk-in closets in each bedroom. Double sink with granite and new fixtures in the master suite. Walk out to the balcony from your master suite. Electric blinds in every room make it easy and convenient to view the water and block the sun at any angle from any room. Spectacular open water views from the primary bedroom, living area and kitchen. This unit comes with 2 covered parking spaces with one being the first space near the lobby door for convenience. You can rent out your unit for 30 days minimum and is great for investors as well to capitalize on the location and views for visitors throughout the year. The winter months alone would bring a substantial return. The common area and kitchen in the lobby area have been remodeled. There are gas grills and plenty of space to utilize outside or in the common area to host larger parties. There is a dog walk area as the complex allows larger dogs, a car wash area, and kayak storage. The Shores of Madeira have a great fire feature with sprinklers in every room in the event of an emergency. Additional storage is available outside of the unit. There are many great restaurants and shopping centers nearby that can provide anything you are looking for. Enjoy Florida beach life living to the fullest.
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Our Executive Mortgage Banker:
Our Insurance Division:
$885,900
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 | $708,720 | $708,720 | $708,720 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.811% | 6.613% | 6.435% |
Monthly Tax Payment | $477 | $477 | $477 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,249 | $4,480 | $6,077 |
Total Monthly Payment | $4,818 | $5,049 | $6,646 |
* 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.