Capture the final opportunity to own at Azul Townhomes condominium in Madeira Beach. This stunning 5-bedroom, 4-bath, 2,800 sq. ft. residence is a rare find, legally allowing highly profitable short-term rentals (daily, nightly, or weekly) or serving as a perfect primary or vacation home. Located just steps from beach access, it features a rooftop terrace designed for entertaining, with space for a hot tub and wet bar, along with a private 2+ car garage and access to a community pool. Investment potential is unmatched, with third-party projections estimating nearly $200K in annual rental income. To make this an even better opportunity, a rate buy-down and furniture credit are available for a limited time. Cost segregation benefits allow for significant tax advantages, and DSCR financing makes approval quick and easy by considering projected cash flow. This property is also ideal for a 1031 exchange. Don’t wait—this is the last unit available at Azul Townhomes, and it won’t last long!
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Listing Snapshot
Price
$1,695,000
Days On Site
1246 Days
Bedrooms
5
Inside Area (SqFt)
2,706 sqft
Total Baths
4
Full Baths
4
Partial Baths
N/A
Lot Size
0.12 Acres
Year Built
2025
MLS® Number
U8148916
Status
Active
Property Tax
$11,169
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Builder
Friends & Family
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DishwasherElectric Water HeaterMicrowaveRangeRefrigerator
Cooling
Central Air
Flooring
Ceramic TileTile
Heating
CentralElectric
Interior
Walk-In Closet(s)
Kitchen
Dimensions - 14x11Level - Second
Living Room
Dimensions - 10x18Level - Second
Master Bedroom
Dimensions - 19x15Level - Third
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Exterior Features
Construction Details
BlockCement SidingConcreteStucco
Exterior
Balcony
Roof
Concrete
Community Features
Association Amenities
PoolSauna
Community Features
Pool
Financing Terms Available
CashConventional
HOA Fee Frequency
Monthly
MLS Area
33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Roads
Other
Township
31
Listing courtesy of CENTURY 21 BEGGINS 8132450015
Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2025, Stellar MLS.
Last checked: 2025-06-14 01:00 PM EDT
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