Opportunity Knocks! REDUCD BELOW APPRAISAL! Live in one side and rent the other! Welcome to your dream coastal retreat on Madeira Beach! This completely remodeled duplex, meticulously renovated down to the studs, offers the epitome of modern beach living. Each side of the duplex boasts 2 bedrooms and 1 bath, providing the perfect canvas for comfortable living and entertaining.
Step into the heart of the home – the spacious kitchen, a culinary haven that combines style and functionality. Ocean blue wood soft-close cabinets with mood lighting create a serene atmosphere, complemented by a convenient breakfast bar that doubles as an entertainment buffet. The kitchen offers ample storage, ensuring that everything has its place. Woodlike laminate floors throughout not only add a touch of warmth but also provide durability, standing up to the demands of beach living.
The bathrooms are a true sanctuary, featuring above countertop glass bowl sinks and spa-type showers adorned with floor-to-ceiling tiles. The attention to detail in the bathrooms adds a touch of luxury to your daily routine.
Enjoy the abundant natural light streaming through all-new windows and doors, creating a bright and inviting atmosphere. The electrical system has been completely upgraded, and a tankless hot water system ensures endless hot showers after a day at the beach.
Both units are adorned with chic lighting fixtures, adding a touch of contemporary elegance. Fresh interior and exterior paint breathe new life into the duplex, creating a clean and modern aesthetic.
This property isn't just about the indoors – step outside to a 2-car carport with a storage closet and a convenient laundry nook. The large private patio in the back is the perfect spot for grilling and entertaining, surrounded by lush landscaping that provides a sense of privacy and tranquility.
Location is key, and this duplex offers the quintessential Florida beach lifestyle. Within walking distance, you'll find the sandy shores of Madeira Beach, the vibrant atmosphere of John's Pass, and the scenic beauty of the intracoastal waterway. Embrace the coastal charm and modern luxury that this remodeled duplex on Madeira Beach has to offer – it's a rare opportunity to live the ultimate beach life! The owner will consider a 2-1 buy down on the interest rate for the buyer with a reasonable offer. And Buyer home warranty.
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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 | $575,920 | $575,920 | $575,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.159% | 6.623% |
Monthly Tax Payment | $568 | $568 | $568 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,929 | $3,828 | $4,977 |
Total Monthly Payment | $4,589 | $4,488 | $5,637 |
* 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.