$497,000
$523,900
5.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
793 SqFt
SOLD DATE : 01/12/2023
Key Details
Sold Price $497,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 793 sqft
Price per Sqft $626
Subdivision Madeira Bay Resort Ii Condo
MLS Listing ID U8181416
Sold Date 01/12/23
Bedrooms 2
Full Baths 1
Condo Fees $495
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 2006
Annual Tax Amount $4,236
Lot Size 1.160 Acres
Acres 1.16
Property Description
ABSOLUTE CASH COW! Directly On The Water-OWNER WILLING TO FINANCE! 55K Yearly PGI Madeira Bay Resort II, No MIN RENTAL PERIOD & NO OWNER RESTRICT! Income Producing Pet Friendly(2), Fully Furnished Beast sleeps 5-6 comfortably & sits direct across Gulf Blvd. from sugar sand beach accessed via direct crosswalk! Investor's Dream! Mad Bay grants the opportunity of low overhead investment-2nd home! In fact, the board recently had a full-reserve study done & the building is FULLY FUNDED! All utilities including water, sewer, trash, cable TV, Wi-Fi, & the bld. insurance are included in your low HOA fees. Furthermore Madeira Bay hosts a friendly & knowledgeable on-site rental management and cleaning staff available 24/7 to assist you and your guests. They are very supportive & can assist in providing aggressive marketing to maximize your income. Speaking of income, this abode has a verifiable history of fabulous profits; a significant number of 2023 seasonal bookings- booked from December 22nd through April 16th, {many are return vacationers,} & "wonderful reviews from guests (Around 100 5-Star reviews, across the web!). Madeira Bay Resort affords under-building parking & an intimate recently remodeled waterfront heated swimming pool/spa. There is also a raised deck being built. The resort also has a large conference & fitness room (located at Madeira Bay Resort II). Thirsty? Head outside your door & enjoy a magnificent sunset at the Mad Beach Cantina while enjoying waterfront dining and or a glass of Chardonnay. Ready for a night of world class entertainment? Stroll One Block to nearby world famous John’s Pass Village & Boardwalk with over 100 shops & restaurants, one-of-a-kind boutiques, boating, fishing charters, dinner cruises, dolphin tours, jet ski rentals, parasailing, ice cream parlors, waterfront live music venues & a long boardwalk that runs along the gorgeous intracoastal waterway. Madeira Beach is nestled in the heart of Tampa Bay-Less than 35 minutes to World Famous Clearwater Beach, Downtown St. Petersburg, "the new cultural hub of the west coast of Florida," & Tampa International Airport! This Move-In Ready quaint beach escape is the tropical oasis you & your guests are looking for! Upon arrival you are graced with magnificent modern curb appeal and comforted by your underground parking secure from storms. There is also plenty of parking for your guests at a city owned lot right across the street. Ride up either of the generous ADA elevators to your floor & unit, "all units are secure and accessed via the interior," Enter through your own coded lock & upon entry, you are graced by a, "Interior Designers Envy-Fully Furnished. This unit has a Wide Open Floor Plan with a robust living area- & all the appointments including an almost new full size sleeper. The Chef’s dream kitchen is equipped with many bells and whistles & was built with quality modern cabinets, stone countertops and stainless steel appliances. The master bedroom is generous & features a king size very comfy bed. The guest bedroom is sizable & easily accommodates the queen size bedroom set. Additionally, your entire unit comes loaded with high end appointments such as a full size stack washer-dryer,9 foot ceilings, & an integrated sprinkler system. Step out to your PROTECTED balcony recessed into the building & ponder the universe over a cup of Joe while gazing out at the Direct Marina Views watching the Dolphins & Manatees frolic & play!
Location
State FL
County Pinellas
Community Madeira Bay Resort Ii Condo
Zoning C-4
Rooms
Other Rooms Inside Utility
Interior
Interior Features Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Window Treatments
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Ceramic Tile, Vinyl
Furnishings Turnkey
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Balcony, Lighting, Outdoor Shower, Rain Gutters, Sidewalk, Sliding Doors, Sprinkler Metered
Garage Covered, Ground Level, Open, Under Building
Pool Deck, Gunite, Heated, In Ground, Lighting, Other, Outside Bath Access
Community Features Association Recreation - Owned, Buyer Approval Required, Fitness Center, Pool, Sidewalks, Waterfront, Wheelchair Access
Utilities Available BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Sprinkler Meter, Street Lights, Water Connected
Amenities Available Clubhouse, Elevator(s), Fitness Center, Maintenance, Other, Pool, Recreation Facilities, Spa/Hot Tub
Waterfront true
Waterfront Description Intracoastal Waterway
View Y/N 1
Water Access 1
Water Access Desc Bay/Harbor,Beach - Public,Intracoastal Waterway
View Water
Roof Type Built-Up
Parking Type Covered, Ground Level, Open, Under Building
Attached Garage false
Garage false
Private Pool No
Building
Lot Description Flood Insurance Required, FloodZone, City Limits, Landscaped, Level, Near Marina, Near Public Transit, Rolling Slope, Sidewalk, Paved
Story 6
Entry Level One
Foundation Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Architectural Style Florida, Mediterranean
Structure Type Concrete, Stucco
New Construction false
Construction Status No Contingency
Others
Pets Allowed Number Limit, Yes
HOA Fee Include Cable TV, Common Area Taxes, Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance, Management, Other, Pool, Recreational Facilities, Sewer, Trash, Water
Senior Community No
Pet Size Small (16-35 Lbs.)
Ownership Condominium
Monthly Total Fees $495
Acceptable Financing Cash, Conventional, Special Funding
Membership Fee Required None
Listing Terms Cash, Conventional, Special Funding
Num of Pet 2
Special Listing Condition None
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