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Key Details
Sold Price $530,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 762 sqft
Price per Sqft $695
Subdivision Madeira Bay Resort I Condo
MLS Listing ID U8136288
Sold Date 10/29/21
Bedrooms 2
Full Baths 2
Condo Fees $424
Construction Status Appraisal,Financing
HOA Y/N No
Year Built 2020
Annual Tax Amount $692
Lot Size 0.710 Acres
Acres 0.71
Property Description
THIS IS THE PERFECT INVESTMENT OPPORTUNITY! No minimum rental period makes this condo a successful short term rental, with a history of fabulous profits and wonderful reviews from guests (55 5-Star reviews, a perfect 5.0). Location is KEY, so close to the beach, with Gulf views from every window and beach access just outside the building across the crosswalk. Inside you will find a spacious 2 bedroom condo that is light and bright with high ceilings, fully furnished and equipped with everything needed for a vacation in paradise. Madeira Bay Resort is located just a block from Johns Pass Boardwalk and features the intracoastal water on one side and the Gulf of Mexico just across the street on the other side. Walking distance to all the fun and activities of this "up and coming" vacation destination. IN THE PAST 12 MONTHS, THE GROSS REVENUE FOR THIS CONDO IS $62,986, with more rentals already in the pipeline. This can be an extremely smooth transition in ownership with the ability to continue the revenue stream immediately.
Location
State FL
County Pinellas
Community Madeira Bay Resort I Condo
Interior
Interior Features Ceiling Fans(s), Eat-in Kitchen, Elevator, High Ceilings, Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Surface Counters, Thermostat, Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile
Furnishings Furnished
Fireplace false
Appliance Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry Inside
Exterior
Exterior Feature Balcony, Sliding Doors
Garage Common, Covered
Garage Spaces 1.0
Pool Heated, In Ground
Community Features Fitness Center, Pool, Water Access, Waterfront
Utilities Available BB/HS Internet Available, Cable Available, Public
Amenities Available Elevator(s), Fitness Center, Laundry, Pool, Spa/Hot Tub, Wheelchair Access
Waterfront false
View Y/N 1
Water Access 1
Water Access Desc Intracoastal Waterway,Marina
View City, Water
Roof Type Built-Up
Parking Type Common, Covered
Attached Garage false
Garage true
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab, Stilt/On Piling
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Appraisal,Financing
Others
Pets Allowed Number Limit, Yes
Senior Community No
Ownership Condominium
Monthly Total Fees $424
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Num of Pet 2
Special Listing Condition None
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Bought with AGENTRY REAL ESTATE LLC
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