$240,000
$250,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
741 SqFt
SOLD DATE : 06/05/2019
Key Details
Sold Price $240,000
Property Type Condo
Sub Type Condo - Hotel
Listing Status Sold
Purchase Type For Sale
Square Footage 741 sqft
Price per Sqft $323
Subdivision Madeira Bay Resort
MLS Listing ID U8028569
Sold Date 06/05/19
Bedrooms 1
Full Baths 1
Condo Fees $475
Construction Status Inspections
HOA Y/N No
Year Built 2006
Annual Tax Amount $3,329
Lot Size 1.160 Acres
Acres 1.16
Property Description
BACK ON THE MARKET Income producing MADEIRA BAY RESORT Condo-Hotel WATERFRONT Community. Fully furnished Turn Key Revenues 2017=$30,889.00 2018=$35,475.00 and 2019 already has reservations booked of $21,000. Occupied by same renters until April 14th, rent income would of course go to new buyer/owner starting the day you close! * Pet Friendly* Heated Pool and Hot Tub. One bedroom/one full bathroom. Partial view of the Gulf Just across the street from the sand, and a stroll away from John's Pass. Balcony to enjoy the view with your coffee, meal, or cocktail. On-site 24/7 staffed front desk management to take all incoming calls, make reservations, and accommodate your guests. Upgrades: 2017 new Earthwerks luxury vinyl Hardwood waterproof flooring to replace all carpet. New furniture ie., King size Bed, Sleeper sofa. 2018 entire condo painted with Benjamin Moore paint and replaced full-size stackable washer and dryer in unit, dining set, and dressers. Two Flat screen TV's. Fully stocked kitchen, stainless steel appliances, granite countertops and breakfast bar. Washer and dryer in unit. John's Pass and boardwalk has hundreds of shopping, waterfront dining, bars and live music, jet ski rentals, parasailing, tours, fishing charters and lots more. It's "the resort everyone wants to experience"! It's close to everything. Please see attachments for the Financials and rental history. Boat slips available for rent to guests and owner on a first come basis. Also on-site conference center and Fitness room.
Location
State FL
County Pinellas
Community Madeira Bay Resort
Rooms
Other Rooms Great Room, Inside Utility, Storage Rooms
Interior
Interior Features Ceiling Fans(s), High Ceilings, Open Floorplan, Stone Counters, Window Treatments
Heating Central, Electric
Cooling Central Air, Humidity Control
Flooring Hardwood, Tile
Furnishings Turnkey
Fireplace false
Appliance Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry Inside, Laundry Closet
Exterior
Exterior Feature Balcony, Sidewalk, Sliding Doors
Parking Features Covered, Guest, Open, Under Building
Pool Gunite, Heated, In Ground
Community Features Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness Center, Pool, Sidewalks, Water Access, Waterfront, Wheelchair Access
Utilities Available Cable Connected, Electricity Connected, Phone Available
Amenities Available Cable TV, Elevator(s), Fitness Center, Pool
View Y/N 1
Water Access 1
Water Access Desc Intracoastal Waterway,Marina
View Water
Roof Type Shingle
Porch Covered
Garage false
Private Pool Yes
Building
Lot Description Level, Near Marina, Sidewalk
Story 6
Entry Level One
Foundation Slab
Lot Size Range Non-Applicable
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Construction Status Inspections
Others
Pets Allowed Yes
HOA Fee Include Cable TV,Pool,Escrow Reserves Fund,Insurance,Maintenance Structure,Maintenance Grounds,Management,Pest Control,Pool,Sewer,Trash,Water
Senior Community No
Pet Size Medium (36-60 Lbs.)
Ownership Condominium
Monthly Total Fees $475
Acceptable Financing Cash, Conventional
Membership Fee Required None
Listing Terms Cash, Conventional
Num of Pet 2
Special Listing Condition None
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