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701 Madison Avenue 505
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PRICED AT ONLY: $149,900

Address: 701 Madison Avenue 505, CLEARWATER, FL 33756

Description

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, youll find New Luxury Vinyl plank floors, granite kitchen countertops, a spacious layout, and in unit laundryall 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. Petethis central location makes it highly desirable for vacationers and snowbirds alike. Dont miss this chance to own a proven income property near Floridas top ranked beach. Schedule your showing today and start generating revenue from day one! Seller financing available with sizable down payment*

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Virtual Tour
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  • MLS#: TB8395553 ( Residential )
  • Street Address: 701 Madison Avenue 505
  • Viewed: 28
  • Price: $149,900
  • Price sqft: $237
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Pond
  • Year Built: 1985
  • Bldg sqft: 633
  • Bedrooms: 1
  • Total Baths: 1
  • Full Baths: 1
  • Days On Market: 41
  • Acreage: 5.31 acres

Description

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, youll find New Luxury Vinyl plank floors, granite kitchen countertops, a spacious layout, and in unit laundryall 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. Petethis central location makes it highly desirable for vacationers and snowbirds alike. Dont miss this chance to own a proven income property near Floridas top ranked beach. Schedule your showing today and start generating revenue from day one! Seller financing available with sizable down payment*
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Sidewalk
  • Flooring: Luxury Vinyl, Wood
  • Living Area: 633.00
  • Roof: Built-Up
Property Information
  • Property Condition: Completed
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Common, Guest, Off Street, Open, Tandem
Eco-Communities
  • Pool Features: Gunite
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Public, Sewer Connected, Water Available, Water Connected
Amenities
  • Association Amenities: Elevator(s), Fitness Center, Gated, Maintenance, Park, Pool, Wheelchair Access
Finance and Tax Information
  • Home Owners Association Fee Includes: Common Area Taxes, Pool, Maintenance Structure, Recreational Facilities, Sewer, Trash, Water
  • Home Owners Association Fee: 300.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer
  • Association Name: Scott Vignery
  • Association Phone: 727)726-8000
  • Country: US
  • Interior Features: Eat-in Kitchen, High Ceilings, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets
  • Legal Description: LAKESIDE CROSSING CONDO UNIT 505
  • Levels: One
  • Area Major: 33756 - Clearwater/Belleair
  • Occupant Type: Vacant
  • Parcel Number: 15-29-15-48662-000-5050
  • Possession: Close Of Escrow
  • Unit Number: 505
  • View: City, Water
  • Views: 28
Nearby Subdivisions
Avalon Of Clearwater The Condo   Camelot Oaks Condo   Carriage View At Clearwater Co   Harbor Oaks Place Condo   Kalmia Condo   Lakeside Crossing Condo   Nelson Place Condo   Normandy Park South   Penthouse Groves   Pierce 100 Condo   Prelude 80 Condo   Residence At Renaissance   Sunshine Terrace Condo   Sunshine Towers Apt Residences   Viewpoint-on-the-bay Condo   Viewpointonthebay Condo   Waverly Towers Condo   Wells Court Condominium Associ  
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