tomo logo

$535,000

Beds
2
Baths
1.5
sq ft
1,040

247 Rex Pl Unit G, Madeira Beach, FL 33708

247 Rex Pl Unit G

MADEIRA BEACH, FL 33708

  • <1 day on market
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

Details

Property type

Condominium

Est. home value

$516,389

Lot size

Unknown

Price per sq ft

$515

Year built

1973

Annual property taxes

$6,725.84

HOA

Yes

Price History

02/22/2025
StellarMLS

StellarMLS #TB8353274

Listed
$535,000
+16.56%
02/14/2022
StellarMLS

StellarMLS #U8148141

Sold
$459,000
+108.64%
09/29/2017
StellarMLS

StellarMLS #U7813919

Sold
$220,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fitness Center, Pool, Sidewalks

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

$188,557
Asking price
$535,000
Closing costs (~8% of asking)
-$42,800
Est. remaining loan balance
-$303,643
Cash to seller
$188,557

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

February 2022

Original loan amount

$367,200

Est. remaining balance

$303,643

Interest rate

2.33%

Loan type

New Conventional, 15 year

Seller

Mann Pastar and Natalie C Pastar

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?

Status: Active

Tomo last checked: 02/22/2025 at 6:30 PM

Listing updated: 02/22/2025 at 2:24 PM

Listed by: Chris Remmert, CENTURY 21 EXECUTIVE TEAM Phone #: (813) 961-8637

MLS: StellarMLS #TB8353274

StellarMLS logo