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747 Pruitt DRIVE, Madeira Beach, FL, 33708 | $500,000
Situated in the highly desirable Bay Point Estates, this 3-bedroom, 2-bath home offers breathtaking intercoastal water views and an unbeatable location just moments from the beach, renowned restaurants, boutique shopping, and the famous John’s Pass Village.
The home features impact windows and sliding glass doors and offers endless potential for restoration. Recently affected by Hurricane Helene, the property has undergone professional flood remediation by a licensed contractor, providing the next owner with a clean slate to create their ideal coastal retreat.
The Bay Point Estates neighborhood enhances the lifestyle with fantastic amenities, including a park with a shuffleboard court, an expansive fishing pier, and a private dock launch—ideal for accessing the water with jet skis, kayaks, paddleboards, or small watercraft. With a voluntary annual fee of only $185, this waterfront community is truly a hidden gem.
Whether you’re searching for a permanent residence, a vacation getaway, or a promising investment opportunity, this home’s prime location and serene water views make it a rare find.
This property is being sold AS-IS. FEMA has determined that the property is NOT SUBSTANTIALLY DAMAGED, and improvements of up to $122, 471 are allowable under the "50 Percent Rule. ". For additional information, including supporting documentation, please see the MLS attachments.
Don’t miss the opportunity to restore this property and create your dream coastal oasis. Schedule your showing today!
Features
- Amenities: Shuffleboard Court
- Rooms: 6
- Bedrooms: 3
- Baths: 2 full
- Lot Size: 65 x 90
- Laundry: Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup
- Year Built: 1956
- Heating: Central, Electric
- Cooling: Central Air, Mini-Split Unit(s)
- Approx Sq. Feet: 1,664
- Acreage: 0.13
- Lot Size: 65 x 90
- Est. Taxes: $6,164
- Lot Desc: Flood Insurance Required, FloodZone
- View: Water
- Elem. School: Orange Grove Elementary-PN
- Middle School: Seminole Middle-PN
- High School: Seminole High-PN
- Pet Policy: Cats OK, Dogs OK
- Appliances: Electric Water Heater, None
- MLS#: TB8322211
- Days on Market: 22 days
- Website: https://www.raveis.com
/prop/TB8322211/747pruittdrive_madeirabeach_fl?source=qrflyer
Listing courtesy of Compass Florida, LLC. Phone: 813-355-0744
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
747 Pruitt DRIVE, Madeira Beach, FL, 33708
$500,000
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 | $400,000 | $400,000 | $400,000 |
| 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 | $514 | $514 | $514 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,695 | $2,659 | $3,373 |
| Total Monthly Payment | $3,301 | $3,265 | $3,979 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388