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Looking for a GREAT INVESTMENT PROPERTY, SECOND HOME OR A MORE PERMANENT PLACE to hang your flip flops and live your best beach life? Look no further than 343 REX PL #G in Madeira Beach Yacht Club (MBYCC)…a perfect retreat from the hustle and bustle of everyday life for you and your guests. Up one flight of stairs, you will be welcomed to a HIGH AND DRY, MOVE-IN READY 2 STORY TOWNHOUSE STYLE unit with kitchen, living room, additional dining area and half bath on the first floor, and 2 bedrooms, full bath and laundry on the upper level. The unit is being OFFERED TURNKEY allowing you to move in, or rent out right away. 7 DAY RENTALS ARE ALLOWED giving you flexible occupancy options while maximizing additional income should you desire. MBYCC is a GATED COMMUNITY WITH RESORT STYLE AMENITIES that include waterfront walking paths and amazing intracoastal views (yes you will see dolphins), 2 heated swimming pools (one just steps from the condo door), hot tub, clubhouse, fitness rooms, fishing piers and more! And it doesn’t stop there…walk, ride or roll just a COUPLE OF BLOCKS TO THE BEACH where you and your guests can enjoy miles of sandy shores and breathtaking sunsets, every…single…night! ROC Park (across the street) offers waterfront activities, splash pad, playground, dog park, fishing pier, tennis, basketball, baseball and more! Local boutiques, coffee shops, bars, restaurants, library, post office, grocery and pharmacy stores are all within a short distance and world famous John’s Pass is a couple of miles away. PRO-ACTIVE BOARD with FULL-TIME ASSOCIATION MANAGEMENT ON-SITE. COMMUNITY MILESTONE INSPECTION PASSED and SIRS RESERVE STUDY COMPLETED. Full set of condo docs available upon request. Be sure to VIEW THE 3D TOUR link for an immediate walk through experience. Then schedule your in person visit and DON’T FORGET TO BRING YOUR FLIP FLOPS!
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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$409,000
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 | $327,200 | $327,200 | $327,200 |
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 | 6.995% | 7.050% | 6.112% |
Monthly Tax Payment | $482 | $482 | $482 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,041 | $2,149 | $2,739 |
Total Monthly Payment | $2,598 | $2,706 | $3,296 |
* 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.