Open House
Sun Jun 07, 1:30pm - 4:30pm
UPDATED:
Key Details
Property Type Condo
Sub Type Condo - Hotel
Listing Status Active
Purchase Type For Sale
Square Footage 218 sqft
Price per Sqft $898
Subdivision Wave Resort Condo The
MLS Listing ID TB8488119
Full Baths 1
Condo Fees $715
Construction Status Completed
HOA Y/N No
Annual Recurring Fee 8580.0
Year Built 1950
Annual Tax Amount $354
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Condo - Hotel
Source Stellar MLS
Property Description
Exceptional short-term rental opportunity on Gulf Blvd. Strong documented rental history in complex with annual gross income that has consistently exceeded the HOA fees by a wide margin. Based on prior performance and current demand in this high-traffic beach corridor, the property has demonstrated the potential for attractive returns for investors. A Rental history available for review. Located steps from the Gulf and minutes to John's Pass—ideal for continued STR use and personal enjoyment.
The unit has been **completely updated** following Hurricane Helene, including **new upgraded electrical**, **new quartz countertops**, **new wood cabinetry**, and a **new mini-split air conditioning system**. All repairs were **approved by the City of Madeira Beach Building Department**, and the unit is available for **quick occupancy**.
Freshly painted and ready for your personal touch, this studio is a **clean slate**—decorate with the theme that best suits your vision or rental strategy. The community pool is also being upgraded, adding even more appeal for guests and owners alike.
Whether you're seeking a beach getaway, a high-performing investment, or both, this property checks all the boxes. Additional photos coming soon.
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Location
State FL
County Pinellas
Community Wave Resort Condo The
Area 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Zoning 3944 CONDO
Interior
Interior Features Ceiling Fans(s), Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s)
Heating Electric, Other
Cooling Mini-Split Unit(s)
Flooring Tile
Furnishings Unfurnished
Fireplace false
Appliance None
Laundry Common Area, Laundry Room
Exterior
Exterior Feature Lighting, Private Mailbox
Fence Fenced, Vinyl
Pool In Ground
Community Features Buyer Approval Required
Utilities Available Cable Connected, Electricity Connected, Fire Hydrant, Public, Sewer Connected, Water Connected
Amenities Available Laundry, Pool
Water Access Yes
Water Access Desc Gulf/Ocean,Limited Access
View City
Roof Type Other
Garage false
Private Pool Yes
Building
Lot Description Flood Insurance Required, City Limits, Paved
Story 1
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Unit Floor 1
Structure Type Block
New Construction false
Construction Status Completed
Others
Pets Allowed Cats OK, Dogs OK, Number Limit
HOA Fee Include Cable TV,Pool,Escrow Reserves Fund,Insurance,Internet,Maintenance Structure,Maintenance Grounds,Maintenance,Sewer,Trash,Water
Senior Community No
Pet Size Small (16-35 Lbs.)
Ownership Condominium
Monthly Total Fees $715
Acceptable Financing Cash
Membership Fee Required None
Listing Terms Cash
Num of Pet 1
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8488119
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