267 Rex PLACE, #H, Madeira Beach, FL, 33708 | $515,000

Discover coastal living in this charming 2-bedroom condo in Madeira Beach nestled on Boca Ciega Bay and just steps away from the sandy beaches of the world-famous Madeira Beach. Located in the tropical gated community of the Madeira Beach Yacht Club this unit is perfect for a second home, retirement living or rental income for stays of 7 days or more.  First an inviting Florida Room welcomes you to the unit - perfect for a swing to sit and enjoy the gentle sea breezes or gathering with others.   Enter the unit to an impressive and brightly lit Living Room with floor to ceiling windows and a wood burning fireplace. A breakfast bar will be guests favorite spot for a cocktail or glass of wine as they look over a well-appointed and modern kitchen as you prepare a fresh catch from the day. Enjoy this meal in a beautiful Dining Room that also looks over the Florida Room with a bay of windows making every meal an occasion. Guests have access to a beautifully updated half bathroom and there is also a lockable owner’s closet and a beach gear closet to manage and store everything you need for your seaside adventures. Upstairs there is an expansive Primary Bedroom with vaulted ceilings, a wall of windows looking out towards the sea and plenty of space for a private Sitting Room or Office. This unit is finished with a generous 2nd Bedroom, completely updated Bathroom with dual vanities and a tiled walk-in shower and an upstairs full-size washer and dryer near the bedrooms for convenience. Relax by the cozy fireplace or take in the many upscale amenities. The community itself boasts 4 fishing piers, 2 pools, a clubhouse with a hot tub, billiard tables, lounge, two exercise rooms, business center, and a workshop equipped with tools.    Just across the street is the heart of Madeira Beach and plenty to keep you entertained including ROC Sports Complex with tennis, basketball, playground and more and the municipal resources including a library, splash pad, and recreation center right at your fingertips. Walk to the many Madeira Beach favorite restaurants like Frabotto’s and then to the main attraction – THE BEACH - to see the glorious sunset over the Gulf before settling into your own beachside retreat for a good for the evening. Don't miss this opportunity to have the Florida beach lifestyle you have always dreamed of living!

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 3
  • Amenities: Clubhouse, Fitness Center, Gated, Lobby Key Required, Pool
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 1 full / 1 half
  • Laundry: Electric Dryer Hookup, Inside, Upper Level, Washer Hookup
  • Complex: MADEIRA BEACH YACHT CLUB CONDO
  • Year Built: 1973
  • Common Charge: $925 Monthly
  • Approx Sq. Feet: 1,040
  • Est. Taxes: $5,579
  • Pet Policy: Size Limit, Yes
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8304609
  • Days on Market: 51 days
  • Website: https://www.raveis.com
    /prop/TB8304609/267rexplace_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 11/19/2024 9:33:08 AM)
Listing courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL   Phone: 727-493-1555

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NMLS Mortgage Loan Originator ID 16953

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Melissa.Cohn@raveis.com

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

$515,000

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 $412,000 $412,000 $412,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.582% 7.171% 6.518%
Monthly Tax Payment $465 $465 $465
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,811 $2,738 $3,533
Total Monthly Payment $3,368 $3,295 $4,090

* 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.