Investor Dream Property: Perfect Income-Producing Madeira Beach Beachfront Condo
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If you are looking for an investment opportunity that offers both a piece of paradise and a steady stream of income, look no further than this beachfront condo in Madeira Beach. Located just across the street from the famous John’s Pass, this property is ideally situated for those seeking a vacation rental that is in high demand.
This residence boasts a prime location on the white sands of the Gulf of Mexico, offering breathtaking views and unlimited access to the best sunsets on this coast. Recently renovated and beautifully updated, the condo features new sliders and windows, a gourmet kitchen with new appliances, custom cabinetry, and granite counters. The dining area and large living room provide ample space for entertaining guests or simply relaxing after a day at the beach.
One of the standout features of this condo is its abundance of storage space, allowing for a clutter-free living environment. Additionally, there is the potential to create an in-unit laundry area at an affordable rate, adding convenience for both you and your guests.
With two spacious bedrooms and two bathrooms, including a grand master suite with an en-suite bath, this residence offers a truly memorable beach experience. The building also permits short-term rentals, with a minimum stay of just three days, making it perfect for maximizing cash flow. Guests will appreciate the proximity to shopping, dining, boat rentals, and waterfront options at John’s Pass, eliminating the need for a car and making their stay both convenient and cost-effective.
For those interested in a hassle-free investment, fully turnkey solutions are available for rentals. This means that everything from furniture to property management can be taken care of, allowing you to sit back and enjoy the benefits of owning a prime beachfront property.
In addition to the condo’s attractive features, the building itself has undergone significant updates over the past five years, totaling over $2 million. Professionally engineered structural and common area improvements include concrete and rebar reinforcement, balcony renovations, hallway upgrades, roof repairs, pool heater and filtration system replacements, building generator replacement, parking lot repaving, and new landscaping. All pool furniture has been replaced, and the pool bathroom has been updated, ensuring that residents and guests can enjoy the amenities to the fullest.
Furthermore, the seller has already paid their portion of any special assessment, relieving buyers of any financial burden related to these improvements.
Don’t miss out on this exceptional investment opportunity. Schedule your showing today and start enjoying the sun and sand of beautiful Madeira Beach during the winter months. With its prime location, stunning renovations, and income-generating potential, this beachfront condo truly is an investor’s dream property.
12924 GULF BOULEVARD #310, MADEIRA BEACH, FL 33708