Beautifully Remodeled Triplex in Prime Madeira Beach Location!! Discover this stunning triplex, fully remodeled from top to bottom, nestled in the heart of Madeira Beach. Situated on a spacious lot, this property offers an exceptional location near the intercoastal and just a short stroll to the beach!
Property Features:
Total Area: 1, 516 SF
Layout: Three charming 1-bedroom, 1-bathroom units
Modern Updates: Newer windows and elegant ceramic tile flooring throughout all units, Amazing new kitchen cabinets with granite countertops and top-of-the-line appliances, New doors, light fixtures, and AC units, all just a year old, Freshly painted inside and out, Completely remodeled bathrooms!
Garage: Includes a 1-car garage, shared in a 2-car garage building with a secure block wall separation, it's been rented for $100 a month
Convenient Laundry: Coin-operated laundry facility with keyless entry, accessible via a separate garage entrance
Prime Location:
Proximity to Beach: A mere 10-12 minute walk to the pristine sands of Madeira Beach, lined with sea grass and dunes
Nearby Amenities:
Waterfront Holiday Isles Elks Lodge just two doors down, featuring a restaurant, pool, tiki bar, and boat slips for rent
Numerous restaurants, coffee shops, and bars within walking distance
John’s Pass Village Boardwalk, renowned for its shops, marina, and vibrant festivals throughout the year
Madeira Beach ROC offering a variety of sports courts, exercise classes, and community activities
The Madeira Beach Town Center & Marina, currently undergoing a comprehensive renovation
Investment Opportunity:
This beautifully remodeled triplex is not only a perfect place to call home but also an outstanding investment opportunity. Whether you choose to rent all three units or live in one while renting the others, the potential for return on investment is significant. Experience the best of beachside living with this exquisite property in the heart of Madeira Beach!
Don’t miss out on this exceptional opportunity to own a piece of paradise. Contact us today to schedule a viewing!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 5.990% | 4.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.429% | 6.149% | 5.132% |
Monthly Tax Payment | $627 | $627 | $627 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,717 | $3,713 | $4,863 |
Total Monthly Payment | $4,436 | $4,432 | $5,582 |
* 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.