$149,900

701 S MADISON AVENUE 505, Clearwater, FL 33756

  • 1 bed |
  • 1 bath |
  • 633 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1985
  • Property Lot Size Icon5.31acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $237/sqft
  • Property List Date Icon Listed 2 days ago

Property 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, 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*

Listing Status:
Active
Date Added:
June 11, 2025 at 05:00AM
Listing Office:
EXP REALTY LLC : 888-883-8509
Listing Agent:
Xilas Santana : 727-291-4634
MLS ID:
TB8395553
  • General: Eating Space In KitchenHigh CeilingsOpen FloorplanSolid Surface CountersSolid Wood Cabinets
  • Appliances: CooktopDishwasherDisposalDryerRangeRange HoodRefrigeratorWasher
  • Laundry: Inside
  • Flooring: Luxury VinylHardwood
  • A/C: Central Air
  • Heating: Central

This listing courtesy of Xilas Santana, EXP REALTY LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Belleair Elementary

1156 Lakeview Rd, Clearwater, FL, 33756

Grades PK-5

0.52 miles away

C

Clearwater Intermediate School

1220 Palmetto St, Clearwater, FL, 33755

Grades 4-9

1.23 miles away

C

Clearwater High School

540 S Hercules Ave, Clearwater, FL, 33764

Grades 9-12

1.99 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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