STUNNING GULF OF MEXICO VIEWS!! Discover your perfect coastal retreat in this stunning fourth-floor waterfront condo in a prime Madeira Beach location. As you enter, you’ll find a convenient entryway closet for storage, along with a dedicated space for your air handler and water heater. Around the corner, an updated kitchen awaits, featuring beautiful white shaker cabinetry with soft-close drawers, granite countertops, and a double stainless-steel sink with a modern faucet. Enjoy the sleek look of stainless-steel appliances, including a refrigerator, microwave, and stove (all from 2019). The kitchen offers ample space for a breakfast bar, and the pantry includes pull-out shelving for easy access. Plus, a built-in buffet area provides extra storage, and your in-unit washer and dryer are also conveniently located in the kitchen. The guest bedroom is just across the hall and serves as a cozy en suite with a full bathroom with a tub/shower combination. A spacious walk-in closet offers plenty of room for storage, ensuring your guests’ comfort and convenience. Head into the expansive great room, which combines dining and living spaces seamlessly. With enough space for a six-person dining set and a beautiful hanging chandelier, this area flows right into the generously sized living room, designed for comfort and entertaining. Glass sliders open up to an incredible view of the Gulf of Mexico and Madeira Beach. The lanai, which stretches the length of the unit, offers breathtaking, year-round sunset views that the current homeowners have cherished. The primary bedroom, located at the back of the condo, offers both privacy and luxury. It features a walk-in closet, a private en suite bathroom with an oversized step-in shower, and ceramic tile flooring. Sliding glass doors let you enjoy uninterrupted views of the Gulf from the privacy of your suite. The lanai is spacious enough for a set of chairs and a small table, creating the perfect spot for morning coffee or evening relaxation. Additional highlights of this condo include updated ceramic tile flooring in both bedrooms and marble flooring in the kitchen. The monthly HOA fee includes cable, water, sewer, trash, building insurance, and more, making it easy to enjoy worry-free living. This community is highly sought-after, and while there are some repairs needed following recent hurricanes; the building’s structure remains fully intact. The pool and spa are set to be rebuilt and this unit includes automatic hurricane shutters on all lanai openings for peace of mind. Situated on a corner, the condo provides added privacy and shelter from the hot summer sun and windy days, making the lanai an ideal, tranquil escape. Looking for an investment? Rentals in this building (30-day minimum required) often garner $6000-$7000 per month. Don’t miss your chance to see this beautiful condo – it’s move-in ready and waiting for you!
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William Raveis Mortgage, LLC
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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 | $679,200 | $679,200 | $679,200 |
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 | $477 | $477 | $477 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,349 | $4,405 | $5,963 |
Total Monthly Payment | $4,918 | $4,974 | $6,532 |
* 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.