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$308,000

Beds
1
Baths
1.0
sq ft
430

253 Rex Pl Unit B, Madeira Beach, FL 33708

253 Rex Pl Unit B

MADEIRA BEACH, FL 33708

  • 3 days on market
Seller will contribute $5k toward furnishings with an acceptable offer. Experience exquisite waterfront living that perfectly blends relaxation and indulgence in this gated beach community. Upon entering, once remodeled, you are welcomed by an enclosed Florida room, a distinctive feature that, while not included in the overall square footage, sets the tone for the multiple use space. Tailor your living space to your unique design style by selecting your own flooring, cabinetry, and countertops at this price before completed. Previous Helene, this size units sold @ $350k. Key amenities include: Two heated swimming pools, an indoor hot tub, and a sauna. A clubhouse featuring a billiards room, a business center, and a game room ? Two fully equipped exercise rooms and two steam rooms, A spa, a lounge, and a well-appointed kitchen, Four fishing piers with water access, electric outlets, and fish cleaning stations. An additional recreational area on the intracoastal, including a second set of heated pools, a fitness center, and electric vehicle charging and car wash stations. Step outside to discover the surrounding community's abundant offerings. Directly across the street, you will find the public library, a dog park, and R.O.C. Park, which boasts a splash pad, soccer field, tennis and basketball courts, a baseball diamond, and ample green space. Moreover, the community features scenic walking paths by the water and is situated on Boca Ciega Bay, only a block away from the sugary sands of the Gulf of Mexico. This property not only promises waterfront living at its finest but also presents a lucrative rental investment opportunity with a minimum 7 day rentals allowed. With a prime location near multiple bars, restaurants, the newly developed Cambria Hotel with a rooftop bar offering stunning sunset views, grocery stores, and pharmacies, and less than two miles from the famed John's, this community delivers both relaxation and vibrant local culture.

Details

Property type

Condominium

Est. home value

$270,791

Lot size

9.68 acres

Price per sq ft

$717

Year built

1973

Annual property taxes

$3,650

HOA

Yes

Price History

04/01/2025
StellarMLS

StellarMLS #TB8368941

Listed
$308,000
+0.98%
02/25/2025
StellarMLS

StellarMLS #U8253145

Removed
$305,000
11/28/2024
StellarMLS

StellarMLS #U8253145

Price change
$305,000
-11.21%

Schools & Community

Elementary school: 

Orange Grove Elementary-PN

Middle school: 

Seminole Middle-PN

High school: 

Seminole High-PN

Community features: 

Gated, Clubhouse, Fitness Center, 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

$114,180
Asking price
$308,000
Closing costs (~8% of asking)
-$24,640
Est. remaining loan balance
-$169,180
Cash to seller
$114,180

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

Seller’s Loan History

Lender

Pnc Bank Na

Loan start date

June 2021

Original loan amount

$184,500

Est. remaining balance

$169,180

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Timothy A Mcentee

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: 04/05/2025 at 3:45 AM

Listing updated: 04/02/2025 at 4:31 PM

Listed by: Maria MacNeil PA, CENTURY 21 BEGGINS Phone #: (800) 541-9923

MLS: StellarMLS #TB8368941

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