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Property
Beds
2
Full Baths
2
1/2 Baths
None
Year Built
2006
Sq.Footage
1,163
Turnkey Penthouse Condo-Hotel Investment Just Steps from Madeira Beach & John's Pass! Experience the perfect combination of personal beach retreat and income-producing investment in this beautifully appointed 6th-floor penthouse residence at Madeira Bay Resort. Offering 2 bedrooms, 2 bathrooms, plus a versatile den, this fully furnished, turnkey condominium encompasses 1,163 square feet and is ready to enjoy or continue operating as a successful vacation rental from day one. Designed for both comfort and functionality, the residence comfortably accommodates up to six guests, with the den thoughtfully furnished with a trundle-style daybed to maximize flexibility and rental appeal. The spacious primary suite features a private ensuite bath and direct access to one of two private balconies, while the second balcony extends from the living area. Enjoy stunning eastern views overlooking the Intracoastal Waterway, boat docks, and sparkling waterfront, creating the perfect backdrop for morning coffee or evening relaxation. Ideally situated directly across the street from the sugar-sand beaches of Madeira Beach and just two blocks from world-famous John's Pass Village & Boardwalk, owners and guests can easily enjoy waterfront dining, shopping, fishing charters, dolphin cruises, and endless entertainment. This unique condo-hotel ownership opportunity allows owners to enjoy the property as a personal vacation getaway for up to nine weeks annually, while generating income through short-term vacation rentals during the remainder of the year. Offered with future vacation reservations already in place, high occupancy history, and the convenience of professional on-site rental management, this is a rare opportunity to acquire a truly turnkey investment with immediate income potential. Residents and guests can relax at the waterfront swimming pool overlooking the Intracoastal Waterway, further enhancing the resort-style experience that makes this destination so desirable. Whether you're seeking a beachside escape, a 1031 exchange opportunity, or a high-performing vacation rental investment, this penthouse residence delivers the best of both worlds in one of Tampa Bay's premier coastal destinations.
Features & Amenities
Interior
-
Other Interior Features
Elevator, Open Floorplan, Stone Counters
-
Total Bedrooms
2
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
Dogs OK
Exterior
-
Garage
No
-
Construction Materials
Block, Stucco
-
Other Exterior Features
Lighting
-
Parking
Covered
-
Pool
No
-
Waterfront YN
NO
-
View
Water
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Condominium
Price
-
Sales Price
$640,000
-
Tax Amount
$7,314.38
-
Sq. Footage
1, 163
-
Price/SqFt
$550
HOA
-
Association
Yes
-
Association Fee
$630
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
-
Total Monthly Fees
$630
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
6
-
New Construction
NO
-
Association Amenities
Elevator(s)
-
Ownership
Condominium
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
0
-
Water Source
Public
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Rodger Kooser , MICHAEL SAUNDERS & COMPANY
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