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$875,000

Beds
3
Baths
2.0
sq ft
1,208

541 Normandy Rd, Madeira Beach, FL 33708

541 Normandy Rd

MADEIRA BEACH, FL 33708

  • Pending
    • Price drop $75,000↓
Under contract-accepting backup offers. Welcome to Florida living at its BEST! You have found Paradise in this gorgeous 3-bedroom, 2 full bath Waterfront HOME! Enjoy the open floor plan with stunning wood look tile throughout, quartz counters in the kitchen, and a built-in coffee/ bar in the dining area. The expansive windows across the living room and dining area provide lots of light with a fantastic view of the lovely back yard. The backyard offers a spacious covered patio and plenty of room for a pool. This large 120 x 57 lot offers room to roam. You will appreciate the 2019 composite dock with water, electricity and the 10,000lb BOAT lift along with the 57” deep water canal which is ideal for all you water toys and short boat ride to the Gulf. This home features a 2018 Trane A/C, 2019 Sea Wall, 2020 Fence, 2023 PVC plumbing, 2021 driveway and so much more. GREAT investment property for 6 month AIRBNB rental! This home is centrally located in a residential neighborhood, 5-minute walk to the beach, close to schools, restaurants, shopping, Johns Pass, entertainment, parks, with easy access to the mainland, airports, pro-sport venues, museums, and Seminole City center. Life is short – Buy your Beach Home. CALL FOR YOUR PRIVATE SHOWING

Details

Property type

Single Family Residence

Est. home value

$893,553

Lot size

6,734 sq ft

Price per sq ft

$725

Year built

1957

Annual property taxes

$10,062

HOA

No

Price History

09/18/2024
StellarMLS

StellarMLS #U8242591

Pending
$875,000
08/26/2024
StellarMLS

StellarMLS #U8242591

Price change
$875,000
-2.67%
08/15/2024
StellarMLS

StellarMLS #U8242591

Removed
$899,000

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

$447,077
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$357,923
Cash to seller
$447,077

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

Seller’s Loan History

Lender

American Midwest Mortgage Corp

Loan start date

July 2020

Original loan amount

$392,000

Est. remaining balance

$357,923

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Mariana E Brown

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: Pending/Under Contract

Tomo last checked: 09/18/2024 at 8:00 PM

Listing updated: 09/18/2024 at 10:20 AM

Listed by: Caroleanne Vorac, FUTURE HOME REALTY INC Phone #: (813) 855-4982

MLS: StellarMLS #U8242591

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