$660,000

About This Property

This unit is high and dry! NO STORM DAMAGE!! HUGE PRICE REDUCTION!! GREAT RENTAL! 1 WEEK MINIMUM RENTAL. Investors, 1031 Exchange Investors!  1 Week Minimum Rental Condo with Fantastic Water Views of Boca Ciega Bay, and stunning sunrises, from this 4th floor oversized balcony!  Sold fully furnished, Unit 402 is a 2 bed 1-1/2 bath, turn-key property ready for your family to own, enjoy, rent out, and build lasting memories in the heart of John’s Pass Village, sitting right on Madeira Beach!  Vacationers return year-after-year to enjoy all this “Old Florida Village” has to offer and it’s vast array of family fun, food, pubs, shops, activities, fishing, water sports or just hanging out on the soft sandy beach in the beautiful Florida sun.  John’s Pass is fun, beautiful and convenient!  Unit 402 has a Caribbean decor, high quality porcelain flooring and tremendous views!  Photo’s simply don’t show the beautiful water view you get from this 4th floor unit, you can see for miles.   The HVAC, Fridge and dishwasher are only 18 months old!  Madeira Norte is a WELL-RUN condominium with Low HOA fees.  August of 2022 HOA completed a year-long, professionally contracted, painting and refurbishment of the exterior walls, porches, rails and corridors of the entire building….It’s beautiful!  They are currently replacing the roof, as scheduled, and will be replacing the elevators at the end of 2023 or early 2024.  Both projects have been fully funded.  This complex is well run and includes an on site Superintendent that keeps the place clean and comfortable for owners and guests.  Unit 402 is currently being rented.  They are filling up with ease and have renters on the books well into 2024.  Rentals in this complex are highly desirable and the cash flow is excellent!  Each unit gets one reserved parking spot and there are over 30 guest parking spots, which is a unique luxury on the beach!  There is a heated pool and a gated entrance to the beach for your convenience.  Grilling area, owner’s storage also available.

infoProperty Details

Property Type

Condominium

Year Built

1975

Living Area

940 sqft

Lot Size

1.00 acres

Bedrooms

2

Bathrooms

2

Ownership

Condominium

Days on Market

482

List Date

chairInterior Features

yardExterior & Lot

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Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.

Listed By

DALTON WADE INC

888-668-8283