Flood damage to the home occurred during Hurricane Helene so it is being sold as is. However, this Madeira Beach gem was completely remodelled in 2006, with many high quality updates that survived including travertine flooring throughout, a commercial grade standing seam metal roof and gutter system, paver driveway, paver back patio with in-ground pool, outdoor kitchen with grill, large dock with 10, 000 lb boat lift, jet ski lift and rip rap barrier protecting the concrete seawall all survived the storm. The 3 bedroom 2 bath open floor plan has a large open kitchen with high top bar, spacious dining area and living room with double sliding glass doors flowing to the pool and patio.
The southern rear exposure gives you the added benefit of enjoying both sunrise and sunset from outdoor living areas, the pool and dock. Located on a quiet cul-de-sac, close to the Tom Stuart Causeway and only a quick boat ride away from John’s Pass Bridge as well Boca Ciega Bay and the Gulf of Mexico, this is the perfect opportunity to put your finishing touches on your tropical paradise. All affected drywall and storm damaged materials have been removed from the home and it stands ready for you to make it your own. Also being offered as a buildable lot
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Our Executive Mortgage Banker:
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $660,000 | $660,000 | $660,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.254% | 6.636% | 6.559% |
Monthly Tax Payment | $380 | $380 | $380 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,118 | $4,172 | $5,704 |
Total Monthly Payment | $4,590 | $4,644 | $6,176 |
* 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.