Mable Washington
Property Description
Turnkey Investment Opportunity: Prime Madeira Beach Vacation RentalStart earning on day one! See 2024, 2025 and 2026 earnings below. Welcome to your dream investment at the highly sought-after Madeira Beach Yacht Club. This fully renovated, second floor unit is being sold as a true turnkey property, meaning everything-from the high-end furniture and kitchen appliances down to the beach towels-are included in the sale. Whether you are looking for a personal coastal retreat or a high earning rental, this unit is ready to host guests tomorrow.The Interior: Modern Luxury Meets Coastal Comfort!!Step into a space that feels brand new. The unit features:Stunning high-end granite countertops throughout the kitchen and baths.Mechanical Peace of Mind: Brand new roof and high-efficiency heat pump installed in 2025.Fully Equipped: Includes a complete kitchen setup, all small appliances, premium bedding, and essential beach equipment.The Numbers: Proven PerformanceThis isn't just a home; it's a business. With a 1-week minimum rental period, this property enjoys high demand year-round:2024 Gross Income: $27,8732025 Gross Income: $19,122 - Owners occupied the property.2026 Pacing: Already $13,575 in confirmed reservations on the books.Full rental history is available directly from the owner.The Location: Walkable ParadiseSituated on the beautiful Boca Ciega Bay, the Madeira Beach Yacht Club offers an unparalleled lifestyle. You are just 1,500 feet from public beach access and steps away from:ROC Park: Located directly across the street, offering pickleball, tennis, basketball, a playground, and a dog park.Daily Conveniences: An easy walk to the grocery store, pharmacy, liquor store, and local favorite restaurants.On-Site Amenities: Enjoy a gated community with a clubhouse, two heated pools, four private fishing piers, and a large marina.Flexible Purchase OptionsThe seller is motivated and willing to consider owner financing with favorable terms, making this an accessible entry point into the lucrative Florida vacation rental market.Don't miss out on this proven income generator!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Electric, Exhaust Fan, Heat Pump
Lot Size: 9.67 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $2,778
Year Built: 1973
Square Feet: 755
Amenities
Cathedral Ceiling(s)
Ceiling Fans(s)
Eat-in Kitchen
High Ceilings
Living Room/Dining Room Combo
PrimaryBedroom Upstairs
Stone Counters
Thermostat
Walk-In Closet(s)
Window Treatments
Outdoor Grill
Private Entrance
Private Mailbox
Sidewalk
Feature Descriptions
Additional Rooms: Attic
Annual Net Income: 7097.66
Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Lobby Key Required, Maintenance, Pool
Body of Water: BOCA CIEGA BAY
Community Features: Buyer Approval Required, Clubhouse, Fitness Center, Gated Community - No Guard, Pool, Sidewalks, Street Lights
Condo Fee: $897/ Monthly
Days on Site: 63
Directions: Come across the Tom Stuart bridge, turn right on Gulf Blvd, then right on Madeira Way, a quick left on Municipal Drive, then right on Rex Place. Enter the complex by turning right and the unit is across from the main entrance.
Exterior: Cement Siding
Fireplace: Living Room, Wood Burning
Fireplace Y/N: Yes
Flood Zone Code: AE
Flooring: Carpet, Ceramic Tile
Foundation: Slab
Frontage Bay Harbor: 400
Frontage Brackish Water: 400
Frontage Marina: 400
HOA Fee: 0
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, Trade, Owner Financing
Lot: FloodZone, Landscaped, Near Marina, Sidewalk
Lot Dimensions: 9.67
Other Equipment: Private Entrance
Ownership: Condominium
Patio/Porch: Patio
Pets Allowed: Size Limit
Pets Size: Very Small (Under 15 Lbs.)
Pool: Heated, In Ground
Property Attached Y/N: No
Property Sub-Type: Multi-Family 5+
Security: Gated Community, Smoke Detector(s)
Sewer: Public Sewer
Showing Instructions: Supra Lock Box, Appointment Only, Call Before Showing, Call Listing Agent, Combination Lock Box, Lockbox, Lock Box Electronic, Lock Box Electronic-CBS Code Required
Special Sale Provisions: None
Special View Info: Water
Swimming Pool: Yes
Units: 1
Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Water: Public
Water Access: Bay/Harbor, Brackish Water, Intracoastal Waterway, Marina
Water Access Y/N: Yes
Waterfront Features: Bay/Harbor, Brackish Water, Marina in Community, Fishing Pier, Seawall - Concrete
Windows: Drapes, Shades, Storm Window(s), Window Treatments
Listed By / Shown By
Listed By
Agency Name: COLDWELL BANKER REALTY
Agency Contact: 727-360-6927
Shown By
Agent Name: Mable Washington
Agent Phone: (904) 307-2405
Agency Title: Watson Realty Corp., REALTORS ®
Estimate Your Payment
Estimated Payment
$ 2,271.91 per month $1,924.04 Principal & Interest $231.50 Property Tax $116.38 Homeowner's InsuranceChange Payment Information
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179 Medallion Boulevard, Unit E | MLS# TB8463468
This multi-family property located at 179 Medallion Boulevard, Unit E, Madeira Beach, FL 33708 is currently listed for sale with an asking price of $399,000. Search Madeira Beach real estate on mwashington.watsonrealtycorp.com today.