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Experience the pinnacle of beachfront luxury in Villa Madeira Unit 303, a stunningly renovated, fully furnished 3-bedroom, 2-bathroom condominium that seamlessly blends modern elegance with coastal charm. Nestled directly on the pristine shores of Madeira Beach, this exquisite residence is designed for both relaxation and investment, generating an impressive annual rental income of nearly $90, 000 with a one-week minimum rental policy--a highly sought-after feature for vacation retreat owners. From the moment you step inside, you'll be captivated by the coastal-inspired décor and wood-look tile plank flooring that flows seamlessly throughout, creating a warm yet sophisticated ambiance. The open-concept kitchen is a true showpiece, featuring white shaker cabinetry, sleek quartz countertops, and stainless-steel appliances, all designed to complement the breathtaking Gulf views visible from the kitchen, dining, and living areas. The primary suite is a private retreat, complete with sliding glass doors leading directly to the expansive screened balcony, where you can wake up to the soothing sound of the waves. The ensuite bathroom is a spa-like escape, boasting an incredible walk-in shower with modern finishes. Two additional bedrooms provide ample space for guests, making this the perfect beachfront getaway for personal enjoyment and rental potential. Step outside onto the spacious screened balcony, complete with a private storage shed, and take in the panoramic views of the Gulf--an ideal setting for morning coffee or evening sunsets. Offered fully furnished and move-in or rental-ready, this condo is a true turnkey opportunity. Beyond the unit itself, Villa Madeira is undergoing beautiful new updates, including a soothing coastal-inspired exterior paint refresh and enhancements to the pool and beachfront recreation areas. With the milestone and reserve studies completed, and a new roof, you can purchase with confidence, knowing the building is well-maintained and ready for years of enjoyment. Some photos are from pre-storm/renovations. Villa Madeira Unit 303 is more than just a condo--it's a high-performing vacation rental and a true beachfront oasis. With direct beach access, top-tier amenities, and a prime location just steps from vibrant shops, waterfront dining, and the excitement of John's Pass Village, every day feels like a getaway. Plus, with easy access to international airports, travel is effortless whether you're visiting or welcoming guests. Whether you're looking for a lucrative investment property or your own piece of paradise, this is an opportunity you don't want to miss! Call today to schedule your private tour!
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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 | $952,000 | $952,000 | $952,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.907% | 6.610% | 6.535% |
Monthly Tax Payment | $1,033 | $1,033 | $1,033 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,862 | $6,017 | $8,228 |
Total Monthly Payment | $7,020 | $7,175 | $9,386 |
* 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.