400 150th AVENUE, #304, Madeira Beach, FL, 33708 | $1,115,000

Under Construction. Besides the obvious beauty of this newly completed ready to move into community, The developer thought ahead and ensured this brand newly constructed community was tied into the power grid that feeds emergency services the City Hall and Fire Department. This building never lost power during Hurricane Helene, is high and dry, safe and secure and built to the utmost stringency building codes. It is a true fortress. Because of it being new construction, there are no worries about the assessment issues facing older buildings, you have peace of mind, comfort, security and luxury of owning a newly constructed fortress.
This boutique building is home to only 27 families, who enjoy 3 bedrooms and 3 baths, a full sized utility room, spacious island kitchen and living room and primary bedroom that opens up to an expansive back patio that runs the length of the unit.
The community enjoys its own private pool and hot tub, fully outfitted fitness center, community room, a dedicated storage unit, rooftop panoramic sunset viewing area with men’s and women’s bathrooms and 2 parking assigned parking spots (one spot having EV charging capabilities).
Moen fixtures, GE Cafe series appliances, quality quartz countertops, luxury flooring, slow close solid wood custom cabinets.
Walk to the beach in less than 5 mins and pass lots of shops bars, grocery stores, pharmacy and restaurants along the way. Walk to ROC park and enjoy the dog park, splash pad, playground, softball fields, pickleball, tennis and basketball courts. A beautiful marina is right behind the community with freedom boat club steps away for those who prefer ease of ownership.
Developer is allowing immediate occupancy for those who have hurricane damage as long as you pass the credit checks and have a substantial deposit and they will wait for closings for a little while if it helps your current situation.
We have a few developer units that have never been occupied and are ready for you right now. We are here to help and make it easy for you to be one of the next great residents of the Residences. Only a couple developer units remain. Buy now and take advantage of the high demand rental market for displaced families couples or restoration company employees looking forlong term leases as the building allows for 30 day rentals.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 5
  • Amenities: Clubhouse, Fitness Center, Pool, Spa/Hot Tub
  • Rooms: 3
  • Bedrooms: 3
  • Baths: 3 full
  • Complex: THE RESIDENCES AT TOWN CENTER
  • Year Built: 2024
  • Approx Sq. Feet: 1,978
  • Acreage: 0.94
  • Est. Taxes: $0
  • Condo Fee: $1,104 Monthly
  • Pet Policy: Yes
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: U8212803
  • Days on Market: 439 days
  • Website: https://www.raveis.com
    /prop/U8212803/400150thavenue_madeirabeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/21/2024 8:02:18 PM)
Listing courtesy of CENTURY 21 BEGGINS   Phone: 800-541-9923

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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400 150th AVENUE, #304, Madeira Beach, FL, 33708

$1,115,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $892,000 $892,000 $892,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.864% 6.810%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,712 $5,786 $7,832
Total Monthly Payment $5,837 $5,911 $7,957

* 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.