Welcome to The Residences, where refined beach living meets downtown flair with unmatched comfort and resilience. This brand-new construction condo is a true gem, offering 3 spacious bedrooms, 3 en-suite baths, and an additional office/den—all within a sprawling 2, 012 square feet of modern elegance. Step into a meticulously designed interior featuring sleek quartz countertops, premium GE Café appliances, and Moen fixtures that exude sophistication. Beautiful and durable LVP flooring flows seamlessly throughout, ensuring both style and low maintenance. Each bedroom boasts walk-in closets and private en-suite baths, creating a personal sanctuary for every occupant or guest. The centerpiece of this home is the 10-foot-wide balcony, where you can unwind with Gulf breezes and breathtaking sunsets. Built to the highest standards, this all-concrete fortress includes hurricane-grade windows and doors, offering unparalleled peace of mind. During recent hurricanes, this property sustained minimal damage and NEVER lost power, making it a truly reliable choice for coastal living. Indulge in resort-style amenities, including a sparkling pool, rejuvenating hot tub, modern fitness center, and a stylish community room with a full kitchen. Enjoy panoramic views of the Gulf of Mexico, intracoastal and Downtown St. Pete from the rooftop terrace, perfect for entertaining or enjoying tranquil solitude. This unit includes two prime second-floor parking spaces, one EV-ready for easy charging installation. Deep water boat slips are available for lease, or you can take advantage of Freedom Boat Club rentals for hassle-free boating. Madeira Beach’s intracoastal waterways and quick Gulf access make this a boater’s paradise. Nestled in the vibrant, walkable neighborhood of Madeira Beach Town Center, you’re steps away from fine dining, boutique shopping, and the soon-to-be Beachmaker Resort by Marriott. Plus, the pristine sugar sand beaches are just moments from your door. Madeira Beach offers a unique blend of downtown vibes and beachfront tranquility—the best of both worlds! Bring your furry friends—this pet-friendly building welcomes up to two pets with no size restrictions. The 30-day rental policy makes it an ideal choice for a primary residence, vacation home, or investment property. Don’t just imagine the beach life—live it at The Residences, where every detail is designed for your comfort, security, and enjoyment. Schedule your private tour today and discover why this property is truly one of a kind. Your dream beach home awaits!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,039,200 | $1,039,200 | $1,039,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,740 | $6,654 | $9,124 |
Total Monthly Payment | $6,865 | $6,779 | $9,249 |
* 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.