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$2,094,485Estimated home value

Beds
4
Baths
3.5
sq ft
4,164

414 140th Ave E, Madeira Beach, FL 33708

414 140th Ave E

MADEIRA BEACH, FL 33708

  • Off market
    • Price drop $100,000↓
Indulge in the epitome of coastal opulence at this magnificent Key West-style estate, ideally positioned at 414 140th Avenue East, Madeira Beach, FL. As one of the largest homes in Madeira Beach, this multi-level masterpiece offers an expansive and inviting ambiance, adorned with breathtaking water views of Boca Ciega Bay that are sure to captivate. With an array of balconies at both the front and back, and a wraparound porch leading to both the front and backyard, this residence seamlessly integrates the stunning natural surroundings into its luxurious design. Step outside to discover your personal paradise. The custom-designed swimming pool, set amidst a beautifully paved deck and covered patio area for entertaining poolside, beckons you to unwind and bask in the Florida sun. From your backyard, a short boat ride transports you to the renowned John's Pass, providing effortless access to the open waters of the Gulf and a vibrant array of waterfront dining and shopping options. The Gulf of Mexico, with its exceptional fishing opportunities, is also just a brief boat ride away, ideal for the discerning outdoor enthusiast. Elevated above the standard, this home has never experienced flooding, offering peace of mind and security in its prime location. The property's prime location, just a short walk from the beach, ensures you are always only steps from your front door to the pristine sandy shores and gentle waves of the Gulf of Mexico. Inside, the main level offers a seamless transition to the private outdoor space, perfect for stylish entertaining against the backdrop of captivating waterfront vistas. The home features two primary bedrooms, one on the main floor with its own en-suite bath and balcony. The top floor is dedicated to the second lavish primary suite, featuring an expansive walk-in closet and a spa-inspired en-suite bathroom, complete with a sumptuous soaking tub and exquisite finishes. Seize the opportunity to own this extraordinary property and experience the pinnacle of coastal living. Arrange a private viewing today and elevate your lifestyle in this unparalleled Madeira Beach sanctuary.

Details

Property type

Single Family Residence

Est. home value

$2,094,485

Lot size

0.3 acres

Price per sq ft

$565

Year built

1989

Annual property taxes

$19,741.76

Price History

09/14/2024
StellarMLS

StellarMLS #T3526470

Removed
$2,350,000
06/26/2024
StellarMLS

StellarMLS #T3526470

Price change
$2,350,000
-4.08%
05/16/2024
StellarMLS

StellarMLS #T3526470

Listed
$2,450,000
+400.1%

Schools & Community

Elementary school: 

Orange Grove Elementary-PN

Middle school: 

Seminole Middle-PN

High school: 

Seminole High-PN

Seller’s Loan History

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

Lender

H & R Block Mortgage Corp

Loan start date

August 2006

Original loan amount

$965,000

Est. remaining balance

Not provided

Interest rate

7.3%

Loan type

Not Provided, 30 year

Seller

Michael W Schaffer

Lender

C I T Group Consumer Fin Inc

Loan start date

August 2003

Original loan amount

$53,800

Est. remaining balance

Not provided

Interest rate

5.21%

Loan type

New Conventional

Seller

Michael W Schaffer

Lender

Chase Manhattan Mtg

Loan start date

January 2002

Original loan amount

$372,000

Est. remaining balance

Not provided

Interest rate

7.09%

Loan type

New Conventional

Seller

Michael W Schaffer

Lender

Washington Mutual Bank

Loan start date

December 1998

Original loan amount

$324,000

Est. remaining balance

Not provided

Interest rate

6.73%

Loan type

New Conventional

Seller

Michael W Schaffer and Dayne A Schaffer

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: Off Market

Tomo last checked: 09/18/2024 at 7:40 PM

Listing updated: 09/04/2024 at 1:15 PM

Listed by: Natalia Murphy, COMPASS FLORIDA, LLC Phone #: (813) 355-0744

MLS: StellarMLS #T3526470

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