|
DEEDED BOAT SLIP!!!!! AFFORDABLE WATERFRONT, WATERVIEW CONDO IN MADEIRA BEACH NEWLY UPDATED. Amazing 2-story waterfront 1 bedroom, 1 ½ bathroom condo in Madeira Beach Yacht Club. This second floor condo is offered turnkey and includes a large front porch (which can be screened in), a personal grill and deeded boat slip for a 40+ ft boat. The main living floor includes a charming living area with wood burning fireplace and marina views. The kitchen is bright and airy with a water view and pass-thru to the dining area. A half bath with laundry rounds off the features of the main floor. Upstairs is a very large master bedroom with vaulted ceiling, sitting area, en suite bathroom and water view. The master closet is huge and includes a second laundry hook-up. Some units have divided the master bedroom into 2 bedrooms. With short-term rental capabilities, private boat slip, waterfront porch to watch the dolphins play and an incredible location, this condo can be a great income generator or your perfect vacation destination. Madeira Beach Yacht Club is a gated community with pool, spa, fitness, billiards and marina, just across the street from Madeira Beach’s municipal area with tennis courts, fishing, basketball, library, park and playground. This beautiful condo is located in the best waterfront building in the community and is just a short walk to the grocery store, restaurants, night life, shopping and Madeira’s world-class beach.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$495,999
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 | $396,799 | $396,799 | $396,799 |
| 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 | $335 | $335 | $335 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,191 | $2,379 | $3,190 |
| Total Monthly Payment | $2,600 | $2,788 | $3,599 |
* 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.