Active

$330,000

Features:
  • 2 Bedrooms
  • 2 Bathrooms
  • 1040 sq ft
Overview
  • ID: MFRTB8334108
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 1040 sq ft
Property Details
Remarks
Welcome to a rare opportunity for investors! Nestled in the highly desirable 55 or older community of Madeira Beach in Saint Petersburg, this 10th-floor condo offers an exceptional investment prospect. Currently tenanted until May 31 2026, this two-bedroom, two-bathroom unit provides stunning water views of Boca Ciega Bay, making it a coveted choice for discerning renters. Step inside to discover an inviting open floor plan, adorned with elegant ceramic tile flooring in the kitchen and entranceway. The condo features newer windows with hurricane shutters, along with recently replaced AC and water heater in 2020, ensuring comfort and peace of mind for both the current tenant and future occupants. Convenience is key, with a designated carport located right outside the unit in a 24 hour man security gate. The community itself is a haven of amenities, including fishing docks, a private lagoon-front heated pool, tennis and pickleball courts, shuffleboard, gym facilities, billiards room, card room, and a clubhouse undergoing renovations. With a full-time manager and social director onsite, residents can enjoy a vibrant and engaging lifestyle. The location is unbeatable, just minutes away from Madeira Beach, shopping centers, hospitals, nightlife hotspots, and an array of dining options. Its proximity to key attractions and services adds to the investment appeal, promising excellent potential for future leasing opportunities. Don't miss this chance to secure a profitable investment in a prime location within a thriving community – schedule your viewing today and seize this investor's dream!
Financial Considerations
Price:
$330,000
HOA Fee:
1002.31
Tax Amount:
$4417
Price per SqFt:
$317.31
Tax Legal Description:
CONCORD TOWERS CONDO UNIT 1002 TOGETHER WITH THE USE OF CARPORT 288
Exterior Features
Lot Size:
24194
Lot Features:
N/A
Waterfront:
Yes
Parking Spaces:
N/A
Parking:
Assigned, Covered, Guest
Roof:
Membrane
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
2
Bathrooms:
2
Heating:
Central
Cooling:
Central Air
Appliances:
Convection Oven, Dishwasher, Disposal, Electric Water Heater, Ice Maker, Refrigerator
Furnished:
Yes
Floor:
Carpet, Ceramic Tile
Levels:
One
Additional Features
Property Sub Type:
Condominium
Style:
N/A
Year Built:
1972
Construction Type:
Block, Concrete
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Courtyard, Lighting, Outdoor Grill, Outdoor Shower, Rain Gutters, Sauna, Sidewalk, Storage, Tennis Court(s)
Additional Features 2:
no pets, must be 55 or older
Map
  • Address
    4525 COVE CIR #1002
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