267 Rex PLACE, #B, Madeira Beach, FL, 33708 | $535,000

Repairs are underway and now is time to purchase this home and be ready for the short term rental season. Only a 7 day min on rentals. Enjoy a piece of paradise in this 1st floor condo located in a gated waterfront community on the peninsula . surrounded by the intracoastal waterways of Boca Ciega Bay. Featuring 2 porches, one is enclosed and the other is open. Updated with solid surface counters throughout the home and easy to clean tile floors. A true turn key unit for rentals or private residence. Spacious living room, dining room,
kitchen and bathrooms. Upgraded hurricane high-impact windows on exterior in 2021. Newer kitchen with granite counters and stainless appliances. Huge master bedroom with walk-in closet. Condo fees include water and sewer, flood insurance and pest control. A clubhouse with kitchen, library and game room. Hot tub, sauna, fitness center, billiard room, meeting area and a workshop. 2 Heated pools. Car wash station. 4 Fishing piers equipped with water and cleaning tables for those who fish. Managed by an expert, dedicated staff. You are 500 feet away from white sandy beaches of the Gulf of Mexico. A community park is just across the street and offers public access to tennis , pickleball, basketball, a playground, a splash pad, baseball fields, exercise classes and community events. A library, a grocery store, dining and a post office are just 300 feet away. Take a look at the virtual tour to see your next home.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside
  • Complex: MADEIRA BEACH YACHT CLUB CONDO
  • Year Built: 1973
  • Common Charge: $925 Monthly
  • Approx Sq. Feet: 1,090
  • Est. Taxes: $3,556
  • Elem. School: Orange Grove Elementary-PN
  • Middle School: Seminole Middle-PN
  • High School: Seminole High-PN
  • Pet Policy: Dogs OK
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Range, Refrigerator
  • MLS#: T3537650
  • Days on Market: 126 days
  • Website: https://www.raveis.com
    /prop/T3537650/267rexplace_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 12/21/2024 9:48:04 AM)
Listing courtesy of LPT Realty   Phone: 877-366-2213

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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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267 Rex PLACE, #B, Madeira Beach, FL, 33708

$535,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $428,000 $428,000 $428,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $296 $296 $296
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,884 $2,845 $3,609
Total Monthly Payment $3,272 $3,233 $3,997

* 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.