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Welcome to your own slice of paradise! This INCOME-PRODUCING 2-bedroom, 2-bathroom condo is located in the Madeira Beach Beachfront Sandy Shores Condos, offering a 3-day minimum rental policy with no maximum stay restrictions for owners, providing incredible flexibility.
Inside, you’ll find a bright and airy open floor plan that seamlessly blends the living, dining, and kitchen areas—perfect for entertaining or simply enjoying the tranquility of beachfront living. The kitchen features stainless steel appliances, and both bathrooms have been completely renovated for a modern, stylish touch. Plus, the freshly painted interior adds a crisp, clean feel throughout the space.
Step onto the spacious balcony and take in partial Gulf views—ideal for savoring a morning coffee or enjoying a sunset soiree. Sandy Shores' resort-style amenities include a beachfront heated pool and grilling station, making every day feel like a vacation.
Located just across the street from the iconic John's Pass, you’ll have easy access to fantastic shopping, dining, and entertainment options. Plus, the building has recently undergone over $2 million in renovations, including a new roof, building and balcony concrete repairs, fresh exterior paint, balcony floor coatings, repaved parking lots, pool resurfacing, updated pool bathroom, new pool fencing, bike storage, new emergency building generator, and more.
Don’t miss this incredible opportunity to own a prime beachfront investment. Schedule your showing today and experience the best of coastal living!
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:
$610,000
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 | $488,000 | $488,000 | $488,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $632 | $632 | $632 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,084 | $3,206 | $4,085 |
Total Monthly Payment | $3,808 | $3,930 | $4,809 |
* 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.