Modern, Spacious, and Stylish Condo in the Heart of St. Petersburg Downtown
Step into this recently renovated 2-bedroom, 2-bath 3rd floor condo in the highly sought-after Madison Condominiums in the heart of St. Pete Downtown, only two blocks from the water and a plethora of restaurants, bars, entertainment, museums, to choose from. Featuring modern custom finishes throughout, this private CORNER unit boasts unpolished granite countertops, soft-close cabinetry in the kitchen, a large walk-in pantry, top of the line Kitchen Aid appliances, floor to ceiling tiled bathrooms, and elegant luxury wide-plank vinyl flooring, adding warmth and sophistication. The open layout offers an abundance of natural light, creating a bright and airy living space you'll love coming home to.
The Madison Condominiums is renowned for its PRIME Downtown location and meticulously maintained amenities including a state-of-the-art fitness center, and soon to be fully renovated courtyard with heated pool, cabanas, outdoor grills with seating area, promising even more exclusivity and versatility for its residents. Renovations are set to be completed by the end of the first quarter, 2025.
For those who are seeking an urban lifestyle with a comfortable, cozy feel at home, this condo has the charm, quaintness and privacy yet is only steps away from St. Pete’s Saturday Morning Market, award-winning Pier and a cultural scene that is drawing international culinary attention. Explore nearby shops, restaurants, and entertainment venues, or enjoy the serene sense of tranquility that comes from living near the water.
Rest assured, the building has successfully passed mile-stone inspections, ensuring no outstanding assessments for buyers to worry about. With two reserved parking spaces inside a gated secured parking lot, in-unit laundry, in addition to being a pet-friendly community, don't miss your chance to own this perfect blend of modern comfort and unbeatable location. Schedule your showing today!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$625,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $500,000 | $500,000 | $500,000 |
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 | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $788 | $788 | $788 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,369 | $3,323 | $4,217 |
Total Monthly Payment | $4,249 | $4,203 | $5,097 |
* 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.