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.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 14.5 x 13.5
- Bedroom 2 Dimensions: 13 x 16
- Primary Bedroom Level: First
- Bedroom 2 Level: First
Other Rooms
- Total Rooms: 5
- Primary Bathroom: 11.5 x 9
- Primary Bathroom Level: First
- Living Room Dimensions: 14 x 17
- Living Room Level: Second
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Ceiling Fans(s)
- High Ceilings
- Open Floorplan
- Flooring: Carpet, Vinyl
Appliances
- Dishwasher
- Dryer
- Electric Water Heater
- Microwave
- Range
- Washer
- Laundry Features: Laundry Closet
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Electric
Kitchen and Dining
- Kitchen Dimensions: 12 x 12
- Kitchen Level: First
Exterior and Lot Features
- Balcony
- Sliding Doors
- Road Surface Type: Asphalt
Pool and Spa
- Pool Features: Gunite, Heated, In Ground
- Pool Private: Yes
Waterfront and Water Access
Land Info
- Lot Size Acres: 1.16
- Lot Size Square Feet: 50325
Home Features
Homeowners Association
- Association: Yes
- Association Amenities: Elevator(s), Fitness Center, Pool, Spa/Hot Tub, Vehicle Restrictions
- Association Fee Includes: Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Trash, Water
- Calculated Total Monthly Association Fees: 615
- Association Name: TRS
- Pets Allowed: Dogs OK, Number Limit
- Pet Description: Pet Restrictions: 2 pets up to 50 pounds total weight, no aggressive breeds Buyer or agent to verify with HOA, Pet Size: Small (16-35 Lbs.), Number Of Pets: 2
Condo Info
- Unit Floor In Building: 6
Rental Info
- Lease Term: Minimum Lease: 1-7 Days
Amenities and Community Features
Other Property Info
- Annual Tax Amount: 6737.770000000
- Source Listing Status: Active
- County: Pinellas
- Directions: Gulf Blvd to address 2 blocks north of Johns Pass
- Tax Year: 2023
- Ownership: Fee Simple
- Source Property Type: Residential
- Area: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
- Property Subtype: condo
- Source Neighborhood: MADEIRA BAY RESORT II CONDO
- Parcel Number: 15-31-15-54170-000-6050
- Postal Code Plus 4: 2632
- Subdivision: MADEIRA BAY RESORT II CONDO
- Township: 31
- Property Features: Condo Fees: 615 Monthly
- Property Subtype: Condo - Hotel
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1165
- Year Built: 2006
- Building Area Source: Public Records
- Building Area Total: 1165
- Building Name: MADEIRA BAY RESORT 605
- Construction Materials: Block, Stucco
- Direction Faces: West
- Foundation Details: Slab
- Levels: One
- Property Age: 18
- Roof: Built-Up
- Levels or Stories: 1
- Building Total Stories: 1
- Elevator: Yes
Utilities
- Sewer: Public Sewer
- Cable Connected
- Electricity Connected
- Water Source: Public
