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Rare 4 Bedroom and 2 Bedroom Duplex just 3 blocks from the beach! Live in one and rent out the other! The lower unit is a 4 bedroom, 2 bath home that has been completely renovated with a beachy, contemporary flair. Much thought and care was put into how to make the home flood resistant if we ever did have another 100 year storm. During the renovation, materials such as FEMA approved flood resistant materials such as DensGlass which is a replacement for drywall and closed cell insulation instead of traditional fiberglass insulation. These materials are considered MOLD RESISTANT with DensGlass having a rating of 10 under the ASTM D3273 test method. These are the types of materials usually used in businesses due to their resiliency which can minimize any damage if there was another 100 year storm. The same goes for the brand new wood look tile that runs through the entire house. The home features a brand new kitchen with new solid wood cabinets, new quartz countertops, new fixtures, new SS appliances, new impact windows and doors, new ceiling fans, new paint, new bathtub and tile work, new shower tile work, new vanities, a new dedicated mini-split for the primary bedroom and en-suite and central air for the rest of the home, the list goes on and on. The upper unit has an entrance in the back which provides additional privacy and it is a 2/1 that was fully renovated about 3 years ago with wood look tile, new solid wood kitchen cabinets, new quartz countertops, new SS appliances, impact windows and doors, new central HVAC, a new tub, new bathroom tile work and a double bowl vanity to make it very inviting for renters or as a personal residence. The backyard also has a 6 foot privacy fence. Finding a duplex this large in Madeira Beach is almost impossible, especially with a 4 bedroom unit! So schedule your showing today before it gets away!
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Our Executive Mortgage Banker:
Our Insurance Division:
$848,900
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 | $679,120 | $679,120 | $679,120 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.440% | 6.110% | 5.952% |
| Monthly Tax Payment | $574 | $574 | $574 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,909 | $4,072 | $5,639 |
| Total Monthly Payment | $4,575 | $4,738 | $6,305 |
* 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.