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Great rental history on this unit. $65, 000 rental Income for 2023. Living room and primary bedroom have direct access to a beach side balcony with sweeping views of the Gulf. Enjoy sunsets and the sites and sounds of a white sugar sand beach. The building features a heated outdoor pool, spa, tiki huts, bocce ball and cornhole courts, as well as picnic areas. Short-term rentals are allowed with no minimum stay and no restrictions on owner use. Sea Breeze is conveniently located just a short walk from John’s Pass Village and Boardwalk, which offers dining, shopping, and entertainment. The building successfully completed a milestone safety inspection in March 2024, affirming its structural integrity. Overall, Sea Breeze offers a combination of beachside comfort, investment opportunity, and proximity to key attractions in Madeira Beach. Many recent upgrades have been made to the building and the association is fully funded.
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Our Executive Mortgage Banker:
Our Insurance Division:
$825,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $660,000 | $660,000 | $660,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.229% | 6.121% | 6.018% |
| Monthly Tax Payment | $870 | $870 | $870 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,747 | $3,957 | $5,525 |
| Total Monthly Payment | $4,709 | $4,919 | $6,487 |
* 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.