Welcome to your piece of paradise at Madeira Cove- a hidden gem located in Madeira Beach with just 60 units. This beautifully FURNISHED (excluding some items) 2-bedroom with 2 full bathrooms + den condo offers 1, 250 square feet of open and airy living space, perfectly designed for relaxation and entertaining. Nestled along the Boca Ciega Intracoastal Waterway, this home boasts stunning water views and includes an assigned BOAT SLIP, ideal for boating enthusiasts. The coastal-themed decor complements the serene surroundings, creating an inviting atmosphere that feels like a perpetual vacation. The open floor plan connects a spacious living area, dining space, and kitchen with plenty of storage and prepping space, making it perfect for hosting friends or enjoying quiet evenings at home. As you enter the Foyer, the den is located on the right and offers versatility as a home office, guest space, or media space. Both bedrooms have the convenience of an en-suite bathroom. Unit A203 provides private in-unit laundry with full washer and dryer and an assigned parking spot under a carport. Located just moments from the beach, you'll have endless opportunities for sun-soaked days and waterfront adventures. Whether you're seeking a weekend getaway or a year-round residence, this coastal gem has it all. Madeira Cove has secured elevators in each building, welcomes all ages and you may have 2 small pets. Enjoy the amenities of a community heated pool, clubhouse, fitness center, kayak launch, and plenty of guest parking. Contact us for a private showing today! Don't miss your chance to experience the ultimate waterfront lifestyle!
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.000% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.182% | 6.412% |
Monthly Tax Payment | $556 | $556 | $556 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,460 | $3,460 | $4,423 |
Total Monthly Payment | $4,108 | $4,108 | $5,071 |
* 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.