13101 Gulf BOULEVARD #1605
About This Property
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2026 | Listed by TREASURE ISLAND REALTY LLC | $624,900 | |
| Listed by TREASURE ISLAND REALTY LLC | |||
| |||
|
“Prime Showcase” — Top Income Producer at Madeira Bay Resort I (Built in 2020) NOW AVAILABLE FOR SHOWINGS, SEPTEMBER 22ND-28TH. *** "MUST SEE" premier turnkey, high earning Condo/Hotel opportunity in one of the most desirable coastal destinations on Florida’s Gulf Coast. This 6th floor residence delivers impressive income performance and an unbeatable setting — perfectly positioned directly across from the Gulf of Mexico and just steps from the shops, dining, and waterfront excitement of John’s Pass Village.
Inside, the unit features beautiful water views, a bright and open layout, modern coastal finishes, granite countertops, stainless steel appliances, in unit washer & dryer, an owner’s closet, and a private waterfront balcony. A spacious primary bedroom showcases wide open water views. A bonus room with bunk beds provides valuable additional guest capacity to maximize rental revenue.
Madeira Bay Resort I offers resort style amenities, including a heated, newly remodeled pool & spa, fitness room, under building parking, and a pet friendly environment. The remarkably low $670 monthly fee includes cable, internet, building insurance, association reserves, on site management, exterior and grounds maintenance, pool service, sewer, and trash — delivering exceptional value and predictable operating costs. Vacation bookings filling fast and a strong base of repeat guests, this property is perfectly positioned for continued income success. “Stay and Play — then let it pay.”
One of the Best Values in Madeira Beach. Showings available between guest check ins.
NOW AVAILABLE FOR SHOWINGS, SEPTEMBER 22ND-28TH
| |||
| Jun 17, 2026 | Price Decreased |
$645,000
↓ $4K
(0.6%) | |
| Price Decreased | |||
| Jun 2, 2026 | Price Decreased |
$649,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| May 13, 2026 | Price Decreased |
$659,000
↓ $8K
(1.2%) | |
| Price Decreased | |||
| Apr 9, 2026 | Listed by TREASURE ISLAND REALTY LLC | $667,000 | |
| Listed by TREASURE ISLAND REALTY LLC | |||
| |||
|
PRIME MADEIRA BEACH LOCATION! "NEWER BUILD 2020" Exceptional Madeira Beach Condo-Hotel Opportunity. Just steps from world-famous John's Pass. A beautifully appointed condo that offers the perfect blend of beachside living, boating, dining, and entertainment.
An outstanding opportunity to own a high-performing, turnkey condo-hotel residence located in the heart of Madeira Beach. Built in 2020, this 6th-floor unit generates strong rental income and provides an unbeatable coastal lifestyle. Situated just across from the Gulf of Mexico and adjacent to John’s Pass Village & Boardwalk, it offers the best water views in the area.
Interior Features:
Features a bright, open layout with modern finishes and is tastefully furnished throughout. Highlights include granite countertops, stainless steel appliances, an in-unit washer and dryer, a dedicated owner’s closet, and a private waterfront balcony. The spacious primary bedroom with expansive water views, while a bonus room with bunk beds is perfect for accommodating additional guests.
Community Amenities:
• Heated, newly remodeled pool and spa
• Fitness room
• Under-building parking
• Pet-friendly community
Remarkably low monthly condo fee of $670 covers cable, internet, building insurance, association reserves, on-site management, exterior and grounds maintenance, and pool service. Madeira Bay Resort 1 Condo represents the best value in Madeira Beach.
Showings are available between guest check-ins, and vacation bookings are filling up quickly, with many repeat vacationers. “Stay and Play, then let it pay” "Pet friendly, adding to its appeal."
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/25/2026
|
2 Bed
|
2 Bath
|
762 ft²
|
$599,000
2 Bed
2 Bath
762 ft²
|
$585,000
-2.34%
05/01/2026
|
Kristin Hallamek
Engel & Volkers Belleair
| |
|
02/06/2026
|
2 Bed
|
2 Bath
|
762 ft²
|
$585,000
2 Bed
2 Bath
762 ft²
|
$580,000
-0.85%
03/27/2026
|
Stephen Hachey
Lowest Fee Realty LLC
| |
|
11/19/2025
|
2 Bed
|
2 Bath
|
762 ft²
|
$619,000
2 Bed
2 Bath
762 ft²
|
$550,000
-11.15%
01/29/2026
|
Jonathan Minerick
Homecoin.com
| |
|
08/01/2025
|
2 Bed
|
2 Bath
|
762 ft²
|
$624,900
2 Bed
2 Bath
762 ft²
|
$595,000
-4.78%
10/17/2025
|
Windy Hagaman
DALTON WADE INC
| |
|
07/05/2025
|
2 Bed
|
2 Bath
|
841 ft²
|
$649,900
2 Bed
2 Bath
841 ft²
|
$645,000
-0.75%
08/27/2025
|
Fatima Rapuano
TOTAL REALTY SERVICES INC
| |
|
04/02/2025
|
2 Bed
|
2 Bath
|
758 ft²
|
$649,500
2 Bed
2 Bath
758 ft²
|
$625,000
-3.77%
06/20/2025
|
Don Taylor
Realty Executives Adamo
| |
|
04/18/2024
|
2 Bed
|
2 Bath
|
758 ft²
|
$625,000
2 Bed
2 Bath
758 ft²
|
$612,500
-2.00%
06/07/2024
|
Stephanie Berry
CENTURY 21 BEGGINS
| |
|
11/17/2023
|
2 Bed
|
2 Bath
|
762 ft²
|
$639,000
2 Bed
2 Bath
762 ft²
|
$600,000
-6.10%
07/29/2024
|
Kyle Hollister
AGENTRY REAL ESTATE LLC
| |
|
11/02/2023
|
2 Bed
|
2 Bath
|
758 ft²
|
$689,900
2 Bed
2 Bath
758 ft²
|
$650,000
-5.78%
03/22/2024
|
Helle Hartley
CENTURY 21 JIM WHITE & ASSOC
| |
|
02/05/2023
|
2 Bed
|
2 Bath
|
841 ft²
|
$655,000
2 Bed
2 Bath
841 ft²
|
$629,500
-3.89%
10/12/2023
|
Troy Walseth
KELLER WILLIAMS GULF BEACHES
| |
|
02/03/2023
|
2 Bed
|
2 Bath
|
762 ft²
|
$659,900
2 Bed
2 Bath
762 ft²
|
$655,000
-0.74%
02/27/2023
|
Doreen Moore
TOTAL REALTY SERVICES INC
| |
|
11/18/2022
|
2 Bed
|
2 Bath
|
762 ft²
|
$615,000
2 Bed
2 Bath
762 ft²
|
$605,000
-1.63%
12/28/2022
|
Wendy Lockhart
Lockhart & Associates R.E. LLC
| |
|
11/18/2022
|
2 Bed
|
2 Bath
|
762 ft²
|
$615,000
2 Bed
2 Bath
762 ft²
|
$615,000
12/29/2022
|
Wendy Lockhart
Lockhart & Associates R.E. LLC
| |
|
11/11/2022
|
2 Bed
|
2 Bath
|
762 ft²
|
$650,000
2 Bed
2 Bath
762 ft²
|
$650,000
03/15/2023
|
Chad Hatfield
RealJoy Realty LLC
| |
|
11/07/2022
|
2 Bed
|
2 Bath
|
762 ft²
|
$659,000
2 Bed
2 Bath
762 ft²
|
$620,000
-5.92%
02/24/2023
|
Cameran Colandrea
REALTY EXPERTS
| |
|
09/14/2022
|
1 Bed
|
2 Bath
|
770 ft²
|
$650,000
1 Bed
2 Bath
770 ft²
|
$650,000
09/14/2022
|
Nick Newbury
Century 21 Beggins Enterprises
| |
|
03/18/2022
|
2 Bed
|
2 Bath
|
762 ft²
|
$572,000
2 Bed
2 Bath
762 ft²
|
-
-
|
Anna Maslanka
TOTAL REALTY SERVICES INC
| |
|
11/16/2021
|
2 Bed
|
2 Bath
|
762 ft²
|
$550,000
2 Bed
2 Bath
762 ft²
|
$559,000
+1.64%
01/05/2022
|
Joe Deaner
CENTURY 21 LIST WITH BEGGINS
| |
|
10/19/2021
|
2 Bed
|
2 Bath
|
762 ft²
|
$549,900
2 Bed
2 Bath
762 ft²
|
$549,900
01/06/2022
|
Keith Slater
COASTAL HOME ADVISORS RE
| |
|
10/08/2021
|
2 Bed
|
2 Bath
|
762 ft²
|
$545,000
2 Bed
2 Bath
762 ft²
|
$545,000
11/19/2021
|
Keith Slater
COASTAL HOME ADVISORS RE
| |
|
09/10/2021
|
2 Bed
|
2 Bath
|
762 ft²
|
$499,000
2 Bed
2 Bath
762 ft²
|
$530,000
+6.21%
11/03/2021
|
Kristin Lemmerman
COASTAL HOME ADVISORS RE
| |
|
09/01/2021
|
2 Bed
|
2 Bath
|
758 ft²
|
$529,900
2 Bed
2 Bath
758 ft²
|
-
-
|
Justin Wentworth
EZ CHOICE REALTY
| |
|
04/05/2021
|
2 Bed
|
2 Bath
|
841 ft²
|
$455,000
2 Bed
2 Bath
841 ft²
|
-
-
|
Doreen Moore
TOTAL REALTY SERVICES INC
|
Building Info
- 2 Units for Sale
About Madeira Beach
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$5,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017