247 Rex PLACE, #G, Madeira Beach, FL, 33708 | $535,000

Absolutely beautiful place to live or use condo as a income producing vacation rental. Madeira Beach Yacht Club offers 7 DAY RENTALS! Turnkey and ready for immediate rentals!
Upon entering this 2 bedroom 1. 5 bathroom condo, you're greeted by thoughtful updates throughout the entire space, floor to ceiling. At the front entrance, to the right is the comfortable living room featuring a new leather loveseat and queen sleeper sofa, and a large smart TV above the fireplace. The comfortable queen sleeper sofa has the latest 'flip' technology, meaning you don't have to remove the cushions to convert it to a bed- making set up and clean up a breeze! This entire cozy space is highlighted by a wall of windows to bring in plenty of natural light and a view of the largest pool at the community.

Behind the living room is the open concept kitchen with bar stool seating right off of it. The fully equipped kitchen has been completely renovated with gorgeous touches, and features everything you could dream of for cooking up your favorite home cooked meals and snacks. There are both types of coffee makers (Keurig and Mr. Coffee), a blender, toaster, electric tea kettle, stainless steel appliances, a separate wine/ beverage fridge, and plenty of cookware, dining ware, and Tupperware.

Right off the kitchen is the sunny dining room, accentuated by a wall of windows facing the balcony. There is seating for four, plus the two bar stool seats off the kitchen. Around the corner from the dining area is the half bathroom, the stairs to go up to both bedrooms and full bathroom, and the beach gear closet. There are some beach chairs, an umbrella, and a beach wagon for your use while you're here to make the short 10 minute walk to the beach even easier!

Up the stairs is the updated full bathroom with a large vanity, in unit washer and dryer, and a tub/shower combo. There is also a hair dryer and a first aid kit in the full bathroom.

Next to the full bathroom are both bedrooms. The guest bedroom features a queen sized bed, ceiling fan, room darkening curtains, a large smart TV, and closet. The spacious master bedroom features a comfortable sitting area, ceiling fan, large smart TV (that swivels completely to face the bed), a large walk in closet, room darkening curtains, and a king sized bed. This bedroom is highlighted by a wall of windows for a view of the pool!

Please note, this condo is only accessible by stairs. There is one flight to access the unit, and another flight of stairs inside to access both bedrooms and the full bathroom. There is no elevator at the complex.

Madeira Beach Yacht Club is a highly sought after waterfront community sitting right on the intercoastal waters of Madeira Beach. This community has numerous resort style amenities you're craving for a relaxing vacation! There are two heated pools, an indoor hot tub, two fitness rooms (one for cardio, another for weights), men's and women's locker rooms and saunas, multiple fishing piers with cleaning stations, and a paved sidewalk that wraps around the entire community for you to take in those jaw dropping waterfront views!

The condo was completely renovated in 2018 with new bathrooms, kitchen, all appliances, washer/ ventless dryer, new windows, etc.
New Water Heater in 2022.
New AC unit in 2023
New Attic Insulation in 2023
All finishes renovated in December 2024:
The condo looks brand new, all finishes are in pristine condition, and well furnished and decorated

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 2
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full / 1 half
  • Laundry: Inside
  • Complex: MADEIRA BEACH YACHT CLUB CONDO
  • Year Built: 1973
  • Approx Sq. Feet: 1,040
  • Est. Taxes: $6,726
  • Condo Fee: $1,084 Monthly
  • Pet Policy: Size Limit, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer, Wine Refrigerator
  • MLS#: TB8353274
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8353274/247rexplace_madeirabeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/7/2025 2:39:53 AM)
Listing courtesy of CENTURY 21 EXECUTIVE TEAM   Phone: 813-961-8637

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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247 Rex PLACE, #G, Madeira Beach, FL, 33708

$535,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $428,000 $428,000 $428,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.007% 7.063% 6.132%
Monthly Tax Payment $561 $561 $561
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,670 $2,812 $3,583
Total Monthly Payment $3,322 $3,464 $4,235

* 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.