Active

$209,973

Features:
  • 0 Bedrooms
  • 1 Bathrooms
  • 218 sq ft
Overview
  • ID: MFRTB8488119
  • Bedrooms: 0
  • Bathrooms: 1
  • Size: 218 sq ft
Property Details
Remarks
**Location! Location! Location!** The Gulf of America is just across the street, and this fully repaired studio is positioned in one of the most desirable short-term rental zones in Madeira Beach. With year-round demand driven by the beautiful sandy Gulf beaches and the always-popular John’s Pass Village—just a short walk away. This property has a targeted market that produces great returns. Exceptional short-term rental opportunity on Gulf Blvd. Strong documented rental history in complex with annual gross income that has consistently exceeded the HOA fees by a wide margin. Based on prior performance and current demand in this high-traffic beach corridor, the property has demonstrated the potential for attractive returns for investors. A Rental history available for review. Located steps from the Gulf and minutes to John’s Pass—ideal for continued STR use and personal enjoyment. The unit has been **completely updated** following Hurricane Helene, including **new upgraded electrical**, **new quartz countertops**, **new wood cabinetry**, and a **new mini-split air conditioning system**. All repairs were **approved by the City of Madeira Beach Building Department**, and the unit is available for **quick occupancy**. Freshly painted and ready for your personal touch, this studio is a **clean slate**—decorate with the theme that best suits your vision or rental strategy. The community pool is also being upgraded, adding even more appeal for guests and owners alike. Whether you’re seeking a beach getaway, a high-performing investment, or both, this property checks all the boxes. Additional photos coming soon. -
Financial Considerations
Price:
$209,973
HOA Fee:
N/A
Tax Amount:
$354.84
Price per SqFt:
$963.18
Tax Legal Description:
WAVE RESORT CONDO, THE BLDG A, UNIT A-1
Exterior Features
Lot Size:
10321
Lot Features:
Flood Insurance Required, City Limits, Paved
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Other
Pool:
Yes
Pool Features:
In Ground
Interior Features
Bedrooms:
0
Bathrooms:
1
Heating:
Electric, Other
Cooling:
Mini-Split Unit(s)
Appliances:
None
Furnished:
Yes
Floor:
Tile
Levels:
One
Additional Features
Property Sub Type:
Condo - Hotel
Style:
N/A
Year Built:
1950
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
South
Pets Allowed:
No
Special Condition:
None
Additional Features:
Lighting, Private Mailbox
Additional Features 2:
Short term rental zoning, no approval required for short term rentals.
Map
  • Address
    13343 GULF BLVD #A1
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