701 S MADISON AVE #505, CLEARWATER, FL, 33756
$149,900
Residential
Bedrooms
1
Bathrooms
1
Living Area
633 Sqft
Lot Size
231,833 Sqft
One or more photo(s) has been virtually staged. Clearwater Beach Investment Gem – Airbnb/VRBO Ready! Just 10 minutes from the world-famous #1 Rated Clearwater Beach, this updated 1-bedroom, 1-bath condo offers the ideal mix of lifestyle and income potential. Whether you're looking for a personal beach retreat or a high-performing rental asset, this one delivers. Inside, you’ll find New Luxury Vinyl plank floors, granite kitchen countertops, a spacious layout, and in-unit laundry—all designed for comfort and convenience. The generously sized bedroom includes a walk-in closet, and recent upgrades like a new 2025 HVAC system means fewer maintenance worries. Set in a resort style gated community with lakeside views, enjoy access to a sparkling outdoor pool, a full gym, and a recreation room perfect for hosting private events. LOW HOA fee of $300/month includes: water, sewer, trash, and security entry keeping ownership simple and cost-effective. Airbnb & VRBO Ready: This condo is ready to set up for short-term rentals, with comparable units consistently earning $1,500–$1,600/month and never vacant. Whether you go long-term or list it on Airbnb or VRBO, the returns are excellent! CAP Rate Potential: 8-10%+ With a list price of $149,900 and strong rental history, this property is ideal for investors seeking cash flow near the coast. Located just minutes from Downtown Clearwater and 30 minutes from both Tampa International Airport and Downtown St. Pete—this central location makes it highly desirable for vacationers and snowbirds alike. Don’t miss this chance to own a proven income property near Florida’s top-ranked beach. Schedule your showing today and start generating revenue from day one! Seller financing available with sizable down payment* PASSED MILESTONE*
Property Details
Property Features Property Features
MLS ID: MFRTB8395553 Year Built: 1985
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer Association Amenities: Elevator(s), Fitness Center, Gated, Maintenance, Park, Pool, Wheelchair Access
Association Fee Includes: Common Area Taxes, Pool, Maintenance Structure, Recreational Facilities, Sewer, Trash, Water Community Features: Association Recreation - Owned, Deed Restrictions, Fitness Center, Gated Community - No Guard, Park, Playground, Pool, Sidewalks, Wheelchair Access, Street Lights
Construction Materials: Block, Concrete Cooling: Central Air
Country: US County Or Parish: Pinellas
Direction Faces: West Exterior Features: Sidewalk
Flooring: Luxury Vinyl, Wood Foundation Details: Slab
Heating: Central Laundry Features: Inside
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, FHA, Other, Owner Financing, VA Loan Occupant Type: Vacant
Parking Features: Common, Guest, Off Street, Open, Tandem Pets Allowed: Cats OK, Dogs OK, Yes
Pool Features: Gunite Possession: Close Of Escrow
Property Condition: Completed Property Sub Type: Condominium
Property Type: Residential Road Surface Type: Paved
Roof: Built-Up Sewer: Public Sewer
Showing Requirements: ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Public, Sewer Connected, Water Available, Water Connected View: City, Water
Water Source: Public Waterfront Features: Pond
Window Features: Drapes
Rooms Rooms
Primary Bedroom: 11x12 ft Primary Bathroom: 9x5 ft
Kitchen: 15x9 ft Dining Room: 12x6 ft
Living Room:
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