Under contract-accepting backup offers. One or more photo(s) has been virtually staged. PRICED WELL BELOW APPRAISED VALUE!! Discover unparalleled beach living in this exquisite NEW CONSTRUCTION condo in Madeira Beach. This stunning LUXURY Residence condo offers the perfect blend of modern elegance and coastal charm. Boasting 3 bedrooms and 3 full baths and just under 2, 000 sq ft, this spacious condo is designed to provide the ultimate comfort and luxury living experience while you are on vacation. Why settle for less, when you can have the BEST! As you step inside, you are greeted by an open and airy floor plan that seamlessly combines the living, dining, and kitchen areas. The living room features floor-to-ceiling windows that offer breathtaking views of the crystal-clear waters and views of the sandy beaches of Madeira Beach. Imagine vacation waking up to the sound of the waves and enjoying your morning coffee on your private balcony overlooking the intracoastal. Not necessary to cook on vacation, but if you choose to, the gourmet kitchen is a chef's delight, equipped with top-of-the-line GE Cafe appliances, Moen fixtures, quartz countertops, and a coastal modern backsplash, perfect for culinary enthusiasts. Whether you're preparing a casual breakfast or hosting a dinner party, this kitchen is sure to impress even the most discerning home chef. The cosmopolitan interior features sleek quartz countertops, high-end GE Cafe Appliances, and premium Moen fixtures throughout. Gorgeous, durable LVP flooring extends throughout the residence, offering both beauty and ease of maintenance. Each bedroom boasts an en-suite bath and walk-in closets for ultimate privacy and comfort. The 10-foot-wide balcony offers a luxurious outdoor living experience, ideal for enjoying the cool Gulf breeze and stunning sunsets every evening. Constructed to the highest building standards, this all-concrete building is a fortress, complete with high impact, hurricane grade windows and doors, ensuring peace of mind. This unit is conveniently located and includes (2) assigned first floor parking spaces under the gated garage. The Residences offers an array of community amenities…. Soak in the sun and take a dip in the sparkling new pool, relax in the hot tub after a long day, stay fit in the well-equipped fitness room, or socialize in the stylish community room, complete with a full kitchen. The true highlight is the spectacular rooftop terrace, providing breathtaking views of the Gulf of Mexico, Downtown St. Petersburg, and beyond, perfect for entertaining. If you are looking to purchase as a second home and or investment property, there is a minimum 30-day lease period. LAST BUT NOT LEAST…. . The new buyer will also enjoy a special offer of FREE HOA fees PAID until June 2025…. . This exclusive benefit adds even more value to the property, allowing residents to enjoy the convenience and services of the homeowners association without any additional cost for a significant period of time. DON’T DELAY AND SCHEDULE YOUR SHOWING TODAY!!
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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 | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 6.246% | 6.201% |
Monthly Tax Payment | $169 | $169 | $169 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,370 | $4,370 | $6,069 |
Total Monthly Payment | $4,631 | $4,631 | $6,330 |
* 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.