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Key Details
Sold Price $640,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 1,165 sqft
Price per Sqft $549
Subdivision Madeira Bay Resort Ii Condo
MLS Listing ID U8235354
Sold Date 05/31/24
Bedrooms 2
Full Baths 2
Condo Fees $615
Construction Status Financing,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 2006
Annual Tax Amount $6,737
Lot Size 1.160 Acres
Acres 1.16
Property Description
INCOME PRODUCING Turnkey Furnished 2 bedroom/2 bath Penthouse level condo in Rarely available Madeira Bay Resort located just steps to the sugary sands of Madeira Beach. Split bedroom floor plan allows for privacy Endless earning potential. Currently rental projections are $55,0000 however updated with coastal furnishings the rental income will increase. This complex has no rental minimum and can be rented nightly and NO OWNER USAGE RESTRICTIONS. Fitness room also on 6th floor offers beach views while you work out. Don't want to leave the pets behind? Madeira Bay is a Pet friendly building allowing up to 2 small dogs. Sweeping gulf views from both balconies, one off the living room and other off master bedroom. Gulf views also from kitchen and guest bedroom. New A/C installed by Fast of Florida 2017 and New plank flooring through out living room and kitchen 2022. Pet friendly Madeira Bay resort offers under building parking, heated pool/spa overlooking marina, conference and fitness rooms. You and your guests will enjoy the Waterfront Mexican restaurant next door and a short walk to Johns Pass Village and Boardwalk which offers endless shopping and dining selections, fishing charters, Jet Ski Rentals, Dolphin and Pirate cruise and so much more. Come tour this income generating property today.
Location
State FL
County Pinellas
Community Madeira Bay Resort Ii Condo
Interior
Interior Features Ceiling Fans(s), High Ceilings, Open Floorplan
Heating Electric
Cooling Central Air
Flooring Carpet, Vinyl
Fireplace false
Appliance Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Washer
Laundry Laundry Closet
Exterior
Exterior Feature Balcony, Sliding Doors
Pool Gunite, Heated, In Ground
Community Features Pool
Utilities Available Cable Connected, Electricity Connected
Amenities Available Elevator(s), Fitness Center, Pool, Spa/Hot Tub, Vehicle Restrictions
Waterfront true
Waterfront Description Intracoastal Waterway
View Y/N 1
View Water
Roof Type Built-Up
Attached Garage false
Garage false
Private Pool Yes
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Construction Status Financing,Inspections
Others
Pets Allowed Dogs OK, Number Limit
HOA Fee Include Cable TV,Common Area Taxes,Pool,Escrow Reserves Fund,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Pest Control,Sewer,Trash,Water
Senior Community No
Pet Size Small (16-35 Lbs.)
Ownership Fee Simple
Monthly Total Fees $615
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Num of Pet 2
Special Listing Condition None
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Melissa Malave-Crespo
REALTOR® | License ID: SL3394025
REALTOR® License ID: SL3394025