tomo logo

$749,900

Beds
3
Baths
3.0
sq ft
1,425

15305 1st St E Unit 202, Madeira Beach, FL 33708

15305 1st St E Unit 202

MADEIRA BEACH, FL 33708

  • 526 days on market
    • Price drop $99,100↓
NEW PRICE! Madeira Del Mar awaits offering flexible beach living at its best! This luxury island residence is practically brand new (built in 2021) and you have the ability to legally rent it nightly or weekly or for any period of time if you're not using it yourself. This is incredibly rare for the beach creating phenomenal rental income. This beautiful 3 bed/3 full baths unit is FULLY FURNISHED. The light bright colors of the walls, flooring, and finishes make this unit a tranquil sanctuary. Relax in your wide-open living area, have a cup of coffee on your balcony and watch the sunrise or unwind at the end of the day with a cocktail. Your family will love coming back from the beach to the heated pool and simply relaxing. Your residence in Madeira Del Mar is literally steps from the action, beach bars, fantastic restaurants and shops, miniature golf right across the street, and a grocery store steps from the unit. You are also a little over two miles away from historic Johns Pass & Boardwalk. Property manager is already in place should you choose that option or manage it yourself and pocket even more money. PLUS only a 2-minute walk to the pristine white powder sands & beautiful Gulf waters of Madeira Beach. Call today! This one won't last!

Details

Property type

Condominium

Est. home value

$952,254

Lot size

1.0 acres

Price per sq ft

$527

Year built

2021

Annual property taxes

$7,583

Monthly HOA fee

$961

Price History

09/03/2024
StellarMLS

StellarMLS #U8204257

Price change
$749,900
-11.67%
09/03/2024
StellarMLS

StellarMLS #U8204257

Listed
$849,000
08/26/2024
StellarMLS

StellarMLS #U8204257

Pending
$849,000

Schools & Community

Elementary school: 

Orange Grove Elementary-PN

Middle school: 

Seminole Middle-PN

High school: 

Seminole High-PN

Community features: 

Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$272,463
Asking price
$749,900
Closing costs (~8% of asking)
-$59,992
Est. remaining loan balance
-$417,445
Cash to seller
$272,463

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

September 2021

Original loan amount

$449,250

Est. remaining balance

$417,445

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Scott Kennedy and Michele Jeanne Kennedy

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 3:30 AM

Listing updated: 09/04/2024 at 6:50 AM

Listed by: Caitlin Beaird, CENTURY 21 BEGGINS Phone #: (800) 541-9923

MLS: StellarMLS #U8204257

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Recently listed in MADEIRA BEACH