565 Crystal DRIVE, Madeira Beach, FL, 33708 | $1,100,000

PRICED TO SELL AT LAND VALUE!
The 3 most important aspects of real estate: LOCATION, LOCATION, LOCATION!
74' X 115' LOT – Over 8, 500 SF

Welcome to the prestigious Crystal Island community, where this waterfront property effortlessly blends coastal charm with open-water luxury. Nestled in a sought-after neighborhood, this property offers privacy, modern convenience, and timeless appeal, enhanced by a recently upgraded utility infrastructure and streets completed within the last five years.

The existing approx. 2, 830 SF structure features 3 bedrooms, 3 baths, and a 2-car garage, with a layout thoughtfully designed to maximize the breathtaking panoramic views of open water and the scenic VA Park across the Intracoastal channel. From the moment you step through the custom double-door entry, you’ll be captivated by the stunning, unobstructed vistas that define this property.

A Boater’s Paradise
This home is perfectly situated for boating enthusiasts, offering direct access to the Gulf of Mexico in just minutes via the iconic Johns Pass Bridge. A newly installed $30, 000 dock with composite decking, LED lighting, and a 10, 000-lb boat lift makes launching, docking, and maintaining your boat effortless. Convenient water access at the dock ensures you can easily wash your boat after a day of fishing or cruising.

Outdoor Bliss
Step outside into your private waterfront retreat, where a beautifully landscaped yard frames a sparkling pool and jacuzzi. Recent upgrades, including a new pool filtering system, pool pump, and spa pump, ensure crystal-clear water and efficient operation. This outdoor haven is ideal for relaxation, entertaining guests, or simply marveling at the tranquil sight of dolphins playing in the calm waters just behind your home.

Flood Mitigation Completed
After Hurricane Helene, all flood mitigation steps were expertly executed. The drywall was removed, and the structure was thoroughly dried, creating a blank slate for you to reimagine and rebuild your dream home in this exceptional location.

An Exceptional Opportunity
This waterfront sanctuary offers the perfect trifecta of location, lifestyle, and luxury. Whether you choose to renovate the existing structure or design a custom-built masterpiece, this property is a rare find that embodies the essence of coastal living.

Don’t miss your chance to own a piece of paradise! Schedule a private and confidential showing today, and make your dream of waterfront living on Crystal Island a reality. Truly As-Is! This home was flooded in the hurricanes. No repairs will be done.

Features

  • Rooms: 3
  • Bedrooms: 3
  • Baths: 3 full
  • Lot Size: 74 x 115
  • Laundry: Electric Dryer Hookup, Washer Hookup
  • Year Built: 1959
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,253
  • Acreage: 0.2
  • Lot Size: 74 x 115
  • Est. Taxes: $9,088
  • Lot Desc: FloodZone
  • View: Water
  • Elem. School: Orange Grove Elementary-PN
  • Middle School: Seminole Middle-PN
  • High School: Seminole High-PN
  • Pool: In Ground
  • Appliances: None
  • MLS#: TB8342451
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/TB8342451/565crystaldrive_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 1/27/2025 2:47:07 PM)
Listing courtesy of COASTAL PROPERTIES GROUP   Phone: 727-493-1555

William Raveis Family of Services

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Customer Service

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

565 Crystal DRIVE, 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** 6.750% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.110% 6.735% 6.680%
Monthly Tax Payment $757 $757 $757
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,708 $5,635 $7,666
Total Monthly Payment $6,590 $6,517 $8,548

* 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.