701 S Madison Avenue #505, CLEARWATER, FL 33756
Local realty services provided by:ERA Davis & Linn



Listed by:xilas santana
Office:exp realty llc.
MLS#:TB8395553
Source:MFRMLS
Price summary
- Price:$149,900
- Price per sq. ft.:$236.81
- Monthly HOA dues:$300
About this home
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* PASSED MILESTONE*
Contact an agent
Home facts
- Year built:1985
- Listing Id #:TB8395553
- Added:67 day(s) ago
- Updated:August 14, 2025 at 04:29 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Living area:633 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Roof:Built-Up
- Year built:1985
- Building area:633 sq. ft.
- Lot area:5.32 Acres
Utilities
- Water:Public, Water Available, Water Connected
- Sewer:Public, Public Sewer, Sewer Connected
Finances and disclosures
- Price:$149,900
- Price per sq. ft.:$236.81
- Tax amount:$1,498 (2024)
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