831 Bay Point DRIVE, Madeira Beach, FL, 33708 | $4,500,000

Welcome to waterfront luxury living at its finest in Madeira Beach! Step into this 5-bedroom, 4. 5 bath new construction masterpiece designed by Stress Free Construction. This property features: 4427 square feet of living space, a home office, upstairs loft area, elevator, NEW sea wall, NEW pool & spa, NEW boat dock & lift, and so much more. As you pull into the home, you’re immediately greeted with a paved 6-car driveway & an oversized 3-car garage that fits up to a total of 8 cars. The entire first floor consists of garage space with ample room for storage & an elevator providing easy access from the ground level to the third floor. The second floor is a chef's dream, featuring a kitchen equipped with stainless steel appliances, a walk-in closet pantry, and an open layout connecting the living and dining areas. A wine cellar, a den, half bath, one of the four bedrooms with an ensuite bath, and an oversized living room complement the luxurious living space. Step out to the second floor covered lanai with an outdoor kitchen with a grill, invites outdoor entertaining with panoramic views. Ascend to the third floor where the opulent master suite awaits, complete with a sitting area, wet bar, massive walk-in closet, double vanity bathroom, and an exterior balcony overlooking the serene waterfront. Bedrooms 3 and 4 each boast their own ensuite bathrooms and walk-in closets, ensuring privacy and comfort for all residents. A spacious game room and a third floor covered balcony further enhance the appeal of this exceptional property. Outside, enjoy the new dock with a boat lift, perfect for launching water adventures, and a new seawall with 110 feet of water-frontage offering breathtaking views of the shimmering water. Located in prime location with easy water access to the Gulf of Mexico, minutes to the most desired beaches, and within 25 minutes to Downtown St. Petersburg. Don't miss this rare opportunity to own a brand new waterfront retreat in Madeira Beach, where every detail has been meticulously crafted for the discerning buyer seeking luxury, comfort, and unparalleled coastal living. Schedule your tour today!

Features

  • Rooms: 8
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Lot Size: 60 x 110
  • Laundry: Inside, Laundry Room
  • Year Built: 2024
  • Garage: 8-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 4,427
  • Acreage: 0.15
  • Lot Size: 60 x 110
  • Est. Taxes: $10,920
  • Lot Desc: Near Marina
  • View: Water
  • Pool: Gunite, In Ground
  • Appliances: Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Wine Refrigerator
  • MLS#: T3535929
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /eprop/T3535929/831baypointdrive_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 7/5/2024 5:49:18 AM)
Listing courtesy of KELLER WILLIAMS TAMPA CENTRAL   Phone: 813-865-0700

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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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831 Bay Point DRIVE, Madeira Beach, FL, 33708

$4,500,000

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 $3,600,000 $3,600,000 $3,600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.014% 7.082%
Monthly Tax Payment $910 $910 $910
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $24,254 $23,649 $32,107
Total Monthly Payment $25,289 $24,684 $33,142

* 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.