Fantastic opportunity to invest in an exceptional duplex located one block from prestine Madeira Beach where you can enjoy a relaxing day on the beach or take in all the breath taking sunsets over the beautiful Gulf of Mexico. This lovely duplex boasts spacious 1 bedroom 1 bath units. Both have updated kitchens including appliances and countertops along with updated showers and vanities in each of the bathrooms. Ceramic tile floors thru out. Each unit has their own washer and dryer, electric and water meters, and AC units. All windows and doors have been upgraded and roof replaced in 2023. Windows are impact glass Energy Star qualified. Oversized lot with privacy fencing provides separate quiet space and a spacious yard for each occupant to enjoy. Utility shed for extra storage. Plenty of parking, one side has carport for 2 cars and other side accomodates space for parking 4 cars. Side yard is extra large and has many possibilities for expansion. Perfect location close proximity to beach and short distance to Johns Pass Village for an abundance of shopping, dining and water sport activities. Perfect opportunity to invest in income property or enjoy as your beach retreat! Schedule your appointment to view today! Possible owner financing with 50 per cent down and acceptable terms.
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,920 | $479,920 | $479,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $604 | $604 | $604 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,916 | $2,916 | $3,793 |
Total Monthly Payment | $3,612 | $3,612 | $4,489 |
* 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.