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You won't believe your when you see this condo! Meticulous kept and updated condo STEPS TO THE BEACH at the Madeira Beach Yacht Club! This amazing 2 BED/ 1 BATH unit is on the second floor and remained high and dry for 40 years with NO DAMAGE. Newer stainless steel appliances, a beautifully remodeled bathroom that is accessible easily from both bedrooms and an HVAC that is 5 years old make this condo move in ready. Storage is not a problem with a spacious attic and a balcony welcomes you to enjoy your morning coffee. Building 230 is located adjacent to the pool to keep you cool in the summer (and heated for your enjoyment in the winter) and the beach are only STEPS AWAY. No need for a car as everything is a short stroll including groceries, the library, shopping, beach access, and some amazing restaurants. R. O. C. park is right next door with pickleball, basketball, soccer fields, baseball diamond, tennis, playground, water park and summer concerts under the stars!!! For more fun, you can hop on the Jolly Trolley which runs a 12 mile span from Clearwater Beach to Pasagrille Beach. Boat slips are eligible for purchase as well for condo owners. But why leave the property, there are 4 fishing piers, 2 pools (one next to the unit), a billiard room, 2 exercise rooms, 2 sauna rooms, spa, a business center, a game room, and the clubhouse (due to be renovated). RENOVATIONS are underway NOW on first story units and some of the common areas, but prices will go up once work is complete! This is the perfect family vacation condo, full time beach living home or investment property with 7 or more day rentals. FULL-TIME ASSOCIATION MANAGEMENT ON-SITE. COMMUNITY MILESTONE INSPECTION PASSED and SIRS RESERVE STUDY COMPLETED! ACT NOW before all the lower level units are renovated and prices go UP on this POPULAR VACATION COMMUNITY!
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Our Executive Mortgage Banker:
Our Insurance Division:
$450,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $360,000 | $360,000 | $360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.178% | 5.541% |
| Monthly Tax Payment | $62 | $62 | $62 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,988 | $2,158 | $2,894 |
| Total Monthly Payment | $2,125 | $2,295 | $3,031 |
* 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.