The condos in this like new building NEVER had FLOODING and NEVER LOST POWER during either storm! Indulge in the pinnacle of luxury with this stunning 4-bed, 3-bath Madeira Beach residence, boasting one of the building’s most sought-after floor plans. This condo is located in the heart of Madeira Beach where you can walk everywhere! Immerse yourself in a coastal lifestyle, with easy access to a marina, the beach, shops, and restaurants. Upon entry, be captivated by water views, an oversized island with top-tier Cambria quartz, a custom-built wall unit, a contemporary fireplace, a custom wine bar, high ceilings with luxury lighting fixtures, all in a well-designed split floor plan. Culinary enthusiasts will appreciate the modern kitchen with European cabinetry and spacious quartz countertops. The primary bedroom is a retreat in itself, featuring a spacious custom walk-in closet and a spa-like en-suite bathroom with a double vanity sink, large shower and soaking tub. Three additional bedrooms, each with ample closet space, provide flexibility and storage for family or guests. Enjoy water views from 3 of the bedrooms, custom window treatments throughout, upgraded lighting fixtures and fans. The expansive 41 foot tiled balcony effortlessly extends the living and dining spaces for indoor/outdoor entertaining. The community is pet-friendly with no weight limit, offers secure amenities such as a gated parking garage, a secure lobby, a waterfront pool, and spa. This unit includes an oversized storage unit, (2) assigned parking spaces, complemented by plenty of guest parking and two electric car charging stations—it's truly a blend of convenience and luxury. Take advantage of insurance cost savings with this new construction build. Positioned amidst the redevelopment of Madeira Beach, this property is an excellent investment for primary, secondary, or income-producing purposes. Schedule your showing today to experience this gorgeous move-in ready condo, just 300 yards from the iconic Gulf Beach! Buyer has the option to purchase the luxury furniture. Projected rental income annually is $173, 192 based on average daily rate of $634 and 75% occupancy. Call for more details.
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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 | $1,229,600 | $1,229,600 | $1,229,600 |
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% | 6.851% | 6.790% |
Monthly Tax Payment | $698 | $698 | $698 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,873 | $7,975 | $10,796 |
Total Monthly Payment | $8,696 | $8,798 | $11,619 |
* 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.