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Active$1,050,000
MADEIRA BEACH, FL, 33708
Active$1,050,000
3
Bedrooms
2
Bathrooms
1,440 sqft
Living Area
1981
Year Built
53,796
Lot Size (sqft)
$1,068
HOA / Monthly
190
Days on Market
Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.
This exceptional income-producing property has consistently generated $75-$80,000 annually in rental revenue, even though the storms impacted the last two years, owner occupancy and already has solid reservations in place for the coming year. 2026 projected rental over $95,000. It offers an outstanding opportunity for both personal enjoyment and investment. The residence is a beautifully updated, 1,440 sq. ft., turnkey unit on the lower first floor —perfectly positioned to provide the sensation of being right on the sand while benefiting from a secure elevation. Notably, the condo sustained no flood damage during recent storms. Lovingly updated and maintained, the unit shows like new. Upon entering, you are immediately drawn toward the expansive 25-foot balcony, accessible from both the main living area and the primary bedroom, showcasing stunning panoramic Gulf views. The spacious open-concept living, dining, and kitchen areas feature continuous luxury vinyl flooring that ties the entire unit together. The expansive living room can easily accommodate larger gatherings, creating an inviting space for family and guests to relax. The dining area includes seating for six indoors, with additional dining space along the kitchen bar. The modern updated kitchen is appointed with wood cabinetry, laminate countertops, and bar seating, stainless steel appliances, and unobstructed water views. The primary suite is a standout feature, offering a king-size bed, direct living room access and an elegant en-suite bathroom with a granite double vanity, and an updated tub/shower with upscale tile work. The second en-suite bedroom includes a 2 queen beds, along with a walk-in closet and a beautifully finished bathroom featuring a granite double vanity, tub/shower combination, and a secondary entrance that also serves the third bedroom, which offers a queen bed and ample closet space. Additional conveniences include a large in-unit laundry room with abundant storage and two dedicated covered parking spaces located directly beneath the unit. A/C and water heater less than two years old. This property includes two deeded covered side by side parking spaces. The property is ideally situated close to nearby restaurants, shops, and local attractions—making it highly appealing for both owners and vacation renters.
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MADEIRA BEACH, FL, 33708
Displayed by Blue Mar Real Estate Group Inc. — Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]
Listing courtesy of SURFCO REALTY via Stellar MLS
Last updated: 7/1/2026
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$210,000 down
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