325 140th AVENUE E, #16, Madeira Beach, FL, 33708 | $1,100,000

Here is your GOLDEN Opportunity to build your ultimate dream home and live the lifestyle you've always wanted. Enjoy the BEST OF BOTH WORLDS with this intercoastal canal lot, just a short walk to the beach! Wake up to beautiful sunrises from your backyard and unwind with an evening walk to catch glorious sunsets. Entertain friends and family with boat rides up and down the intercoastal, stopping at one of many local restaurants, bars and shops. John's Pass is just a mile away! This is one of the very last vacant lots to be found in the stretch of Florida's Gulf Coast. This lot is situated on a short canal that opens up to Boca Ciega Bay, where you can see dolphins, enjoy fantastic fishing, waterskiing and so much more! AND this lot is less than a quarter of mile to the beach. If you can't decide between beachfront or intercoastal, why choose? You can have both with this perfectly situated waterfront property. Make your dreams a reality right here in Madeira Beach!
**Only lot 16 is available for sale. Taxes to be determined upon sale (current tax bill is for the home and combination of lots 16, 17, and 1/2 of 18 - tax amount entered for this lot is an estimate)

Features

  • Lot Size: 60 x 156
  • View: Water
  • MLS#: OM676357
  • Days on Market: 179 days
  • Website: https://www.raveis.com
    /prop/OM676357/325140thavenuee_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 11/5/2024 2:32:13 PM)
Listing courtesy of MEEK REAL ESTATE SALES, LLC   Phone: 352-364-4132

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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325 140th AVENUE E, #16, Madeira Beach, FL, 33708

$1,100,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $880,000 $880,000 $880,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.750% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.343% 6.876% 6.725%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,635 $5,708 $7,666
Total Monthly Payment $5,760 $5,833 $7,791

* 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.