tomo logo

$305,000

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

  • 135 days on market
    • Price drop $43,500↓
1 BR, 1 BA Condo in Madeira Beach Yacht Club – Ideal Vacation Rental or Second Home! Discover the perfect blend of comfort, convenience, and coastal living located in the highly sought-after Madeira Beach Yacht Club. Whether you're looking for a vacation rental investment or a serene second home for your family, this waterfront gem on Boca Ciega Bay offers it all. Prime Location: Just steps from the pristine shores of Madeira Beach. and to a variety of restaurants, entertainment options, grocery stores, and a pharmacy. Close to the vibrant activities and dining spots that Madeira Beach is famous for. Community Amenities: Enjoy the waterfront lifestyle with access to 4 fishing piers. Relax in one of the 2 heated swimming pools or unwind in the spa and hot tub. Stay active with a fully equipped fitness center, billiards room, and clubhouse. Ideal for boaters and beach lovers alike, with the beach just a short walk away. Don't miss this opportunity to own a piece of paradise in Madeira Beach. This condo was flooded from Hurricane Helene. It is under construction for a complete remodel. Buyer will be able to pick out their flooring, cabinets, countertops. Will be brand new when finished.

Details

Property type

Condominium

Est. home value

$270,791

Property condition

Fixer

Lot size

Unknown

Price per sq ft

$710

Year built

1973

Annual property taxes

$3,190

HOA

Yes

Price History

11/28/2024
StellarMLS

StellarMLS #U8253145

Price change
$305,000
-11.21%
09/28/2024
StellarMLS

StellarMLS #U8253145

Removed
$343,500
09/11/2024
StellarMLS

StellarMLS #U8253145

Price change
$343,500
-1.43%

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, 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

$110,016
Asking price
$305,000
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$170,584
Cash to seller
$110,016

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

$170,584

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: 12/22/2024 at 9:50 AM

Listing updated: 11/28/2024 at 12:42 PM

Listed by: Debbie Kempf, WATERFRONT REALTY TAMPABAY Phone #: (727) 320-9283

MLS: StellarMLS #U8253145

StellarMLS logo

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