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Newly renovated Madeira Beach duplex with excellent income potential and added flexibility! This updated property features two existing units plus a detached rear room/building that may offer additional possibilities for storage, office, guest space, or potential future use, subject to zoning, permitting, and buyer due diligence.
Recent improvements include new HVAC, new electrical, new electrical panels, new kitchens, fresh interior/exterior paint, and new appliances, making this a strong turnkey-style opportunity in one of the area’s most desirable beach communities. Located just minutes from the Gulf beaches, John’s Pass, restaurants, shopping, boating, and entertainment, this property is ideal for investors, owner-occupants, or buyers seeking rental income near the coast.
Whether held as a long-term rental, used as an owner-occupied property with income potential, or explored for expanded future use, 14036 Margueritte Dr offers a rare opportunity in Madeira Beach.
Buyer to verify all zoning, permits, rental restrictions, flood zone information, room counts, and any potential triplex or additional-unit use with the City of Madeira Beach and appropriate authorities. Current use is being marketed as a duplex with additional rear building potential.
Listed By Brian Baker - https: //www. arrivatohomes. com/team/brian-baker
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $520,000 | $520,000 | $520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.697% | 6.650% | 5.992% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,160 | $3,287 | $4,318 |
| Total Monthly Payment | $3,252 | $3,379 | $4,410 |
* 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.