|
Your Madeira Beach coastal dream is ready for its next chapter! Located just steps from the sand on a spacious 62x96 lot, this solid block home offers endless possibilities. Remediate and renovate the existing structure or start fresh and build your ideal beach retreat. The current layout includes 2 bedrooms and 1 full bath and 1 half bath. The office/den can easily be converted to third bedroom! Just a short walk from Johns Pass Village, public beach parking, local dining, and shopping. Survey and soil test results available for review. Don’t miss this opportunity to own property near one of Florida’s most beloved beaches. Ideal for relocation, investment, or your future coastal escape!
FLOOD DISCLOSURE: This property experienced flood damage during Hurricane Helene (2024) and has been vacant since the event. Property is being sold AS-IS for renovation or redevelopment
Buyer is strongly advised to verify FEMA flood zone, elevation requirements, permitting guidelines, and substantial improvement calculations directly with the City of Madeira Beach and Pinellas County to understand renovation and rebuilding options.
Seller has never occupied the property and makes no warranties regarding condition. Some photos may have been taken prior to the storm. Cash offers only. No assignable contracts.
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:
$390,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $312,000 | $312,000 | $312,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.557% | 5.990% |
| Monthly Tax Payment | $542 | $542 | $542 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,871 | $1,946 | $2,570 |
| Total Monthly Payment | $2,488 | $2,563 | $3,187 |
* 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.