tomo logo

$2,695,000

Beds
3
Baths
3.5
sq ft
3,451

410 140th Ave E, Madeira Beach, FL 33708

410 140th Ave E

MADEIRA BEACH, FL 33708

  • 5 days on market
WATERFRONT ELEVATED COASTAL DREAM WITH OVERSIZED POOL – A BEACH PARADISE WITH GENERATIONAL LIVING POTENTIAL! This incredible 3-story elevated home, located just four blocks from the pristine white sands of Madeira Beach, combines luxurious coastal living with practicality and ample space. With a permitted new addition nearing completion, this property will soon boast 3,564 total square feet of versatile living space. Perfect for multi-generational families, the expansion includes an additional master bedroom, en suite bathroom, private balcony, extra storage, additional living area, and a new laundry room. Built in 1983, this unique home already features two large primary suites with private en suite bathrooms, walk-in closets, and private balconies offering breathtaking views. A spacious kitchen adds to the home’s charm - all updated and filled with natural light. The living room is a cozy retreat with sliding glass doors with a magnificent view of the bay. On the bottom floor there is a bonus room Which could be used for multiple uses: office, den, additional guest room. The existing garage is 570 ft and the addition provides additional covered parking and enclosed storage. Situated on an oversized 13,190-square-foot lot, the home is surrounded by tropical landscaping, offering privacy. The large pool, complete with paver decking and elevated seating areas, is the ultimate space for relaxation or entertaining. The composite dock and jet ski lift was completed in 2023. Also, it can house a Pontoon boat easily. Nestled along a protected harbor, this property provides direct water access for boating enthusiasts. From your private dock, you can enjoy kayaking, paddleboarding, jet skiing, fishing, or a quick boat ride to the Gulf through Johns Pass Inlet. Enjoy daily views of dolphins, occasional manatees, and awe-inspiring sunsets from the comfort of your outdoor oasis. Located just 1 mile from the famous Johns Pass Village, you'll have easy access to vibrant shopping and dining. This home truly embodies the ultimate beach lifestyle. Schedule your showing today and make your coastal living dreams a reality!

Details

Property type

Single Family Residence

Est. home value

$1,323,313

Lot size

0.3 acres

Price per sq ft

$781

Year built

1983

Annual property taxes

$11,399

HOA

No

Price History

12/17/2024
StellarMLS

StellarMLS #TB8328776

Listed
$2,695,000
+302.66%
07/07/2020
StellarMLS

StellarMLS #U8055269

Sold
$669,300

Schools & Community

Elementary school: 

Orange Grove Elementary-PN

Middle school: 

Seminole Middle-PN

High school: 

Seminole High-PN

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

$2,010,342
Asking price
$2,695,000
Closing costs (~8% of asking)
-$215,600
Est. remaining loan balance
-$469,058
Cash to seller
$2,010,342

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

Seller’s Loan History

Lender

Amerifirst Financial Corp

Loan start date

July 2020

Original loan amount

$517,545

Est. remaining balance

$469,058

Interest rate

3.24%

Loan type

VA, 30 year

Seller

Theresa Jan Nelson

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: 12/22/2024 at 4:00 AM

Listing updated: 12/18/2024 at 6:51 AM

Listed by: Kristin Leon, COASTAL PROPERTIES GROUP INTERNATIONAL Phone #: (727) 493-1555

MLS: StellarMLS #TB8328776

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