Don't miss your chance to transform this waterfront property into your very own slice of paradise!
Welcome to your dream opportunity on the idyllic Crystal Island in Madeira Beach! This property offers a spacious 70x120 ft lot with breathtaking views of Boca Ciega Bay (no looking across a little canal at your neighbor’s backyard here!), where the potential is as vast as the horizon. This charming mid-century home features 3 bedrooms and 3 bathrooms with a unique tri-level layout, including a rare lower-level room with views of the pool, yard and waterfront! This versatile space could easily serve as a cozy family room, a second master suite, or a flex space with sliding glass doors leading to your poolside oasis.
A spacious kitchen with dining area features wraparound, floor-to-ceiling windows to take in the amazing water views. Just off the kitchen area is a large, elevated wood deck allowing al-fresco dining while watching the boats pass by.
One of the true highlights of this property is the 70 feet of pristine waterfront with a backyard enveloped with privacy fencing. You'll enjoy unobstructed views of the Intracoastal Waterway, mangrove islands and gorgeous sunrises. For boating enthusiasts, this home is a true gem—just a few-minute boat ride to the Gulf of Mexico, where you can explore the warm gulf waters and beaches our area is so famous for at your leisure. You will find Crystal Island to be a peaceful retreat of a neighborhood, so close to everything the beaches have to offer, but feels so far away.
Relax in the gorgeous pool that features a hot tub that has a waterfall feature while taking in the views of the waterway. The pool is built to be low-maintenance, with an in-floor cleaning system. Your boat can be safely and conveniently stationed on the 10, 000lb lift, right in your backyard, ready for your aquatic adventure as a moment’s notice.
This home offers a firm foundation for transforming it into your waterfront dream, with upgraded electric panel, new sewer main, newer seawall, new flat roof and a full complement of hurricane shutters for added protection.
Nestled in the heart of Crystal Island, this home offers the perfect blend of tranquility and convenience. Whether you're into boating, fishing, or simply enjoying the natural beauty that surrounds you, this location has it all.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,650,000
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 | $1,320,000 | $1,320,000 | $1,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 6.246% | 6.201% |
Monthly Tax Payment | $613 | $613 | $613 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,020 | $8,020 | $11,139 |
Total Monthly Payment | $8,758 | $8,758 | $11,877 |
* 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.