523 129th AVENUE E, Madeira Beach, FL, 33708 | $799,000

Under contract-accepting backup offers. Phenomenal opportunity to own a beautiful 3 bedroom, 2 bath, home in Madeira beach. The home is situated near a cul-de-sac at the end of 129th Ave. Only a 5 minute walk to John's pass, 10 minute boat ride through John's pass to the Gulf of Mexico. The open kitchen and living areas have views over the pool out to the water. You have double carport , two storage sheds and extra parking spot . Your neighbor to the East is a non-buildable lot owned by the city of Madeira Beach. The home is flood damaged and remediation has been done, 4ft of drywall removed. Kitchen counters/bath vanity tops and some other items were saved and can be reused. Many of the appealing features of the home are still intact, such as the wood panel ceilings, extensive tropical landscaping, a pool overlooking the canal, with new pump, and recently renovated dock with Trex and a 14, 000lb lift on one side, 6, 000 on the other. AC is functioning and Ceramic wood plank tile flooring in living areas are solid! Roof is new in 2023. Property is being sold as is, with right to inspect.

Features

  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 52 x 110
  • Laundry: Inside, Laundry Room
  • Style: Key West, Ranch
  • Year Built: 1957
  • Heating: Central, Electric, Exhaust Fan
  • Cooling: Central Air
  • Approx Sq. Feet: 1,636
  • Acreage: 0.13
  • Lot Size: 52 x 110
  • Est. Taxes: $4,838
  • Elem. School: Orange Grove Elementary-PN
  • Middle School: Seminole Middle-PN
  • High School: Seminole High-PN
  • Pool: In Ground
  • Appliances: None
  • MLS#: TB8317214
  • Days on Market: 3 days
  • Website: https://www.raveis.com
    /prop/TB8317214/523129thavenuee_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 10:17:09 PM)
Listing courtesy of DALTON WADE INC   Phone: 888-668-8283

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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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523 129th AVENUE E, Madeira Beach, FL, 33708

$799,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $639,200 $639,200 $639,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $403 $403 $403
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,253 $4,248 $5,390
Total Monthly Payment $4,748 $4,743 $5,885

* 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.