14251 GULF BOULEVARD #2
About This Property
With approximately 393 sq ft, the layout is open and practical. The bedroom faces the rear of the building, offering quiet, cool, restful conditions despite the central location. Ground-level access makes it easy to use, rent, or enjoy seasonally.
This building is located in one of the few areas in Madeira Beach that allows short-term rentals, making it a true income-producing asset. You can rent it on Airbnb, VRBO, or simply enjoy it yourself as a vacation base while earning on the side. Long-term rental is also allowed. Pet-friendly for owners; no pets for tenants. The complex includes about 20 units and has the feel of a private beachside community. There is a heated pool on-site, perfect for winter rentals, and parking included.
Location is everything - and this one delivers. The public beach is directly across the street. As a registered resident of Madeira Beach, you're entitled to free parking at city beaches, a major convenience for owners and guests. The area offers bus stops, Winn-Dixie grocery store, pharmacies, gas stations, restaurants, cafes, and convenience stores all nearby. John's Pass Village & Boardwalk is just minutes away - a popular destination for waterfront dining, fishing charters, boat tours, shopping, and that vibrant Florida coastal vibe.
Zoned for Madeira Beach Fundamental K-8 School, with high school options via Pinellas County assignment.
This is not just a condo. This is a launch pad - for passive income, lifestyle balance, and your own piece of one of Florida's most desirable coastal communities.
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Cap Rate Calculator
What does this mean?
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%.
How much can I actually make?
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.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 26, 2026 | Sold | ||
| Sold | |||
| Dec 17, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Price Decreased |
$269,000
↓ $6K
(2.2%) | |
| Price Decreased | |||
| Aug 17, 2025 | Price Decreased |
$275,000
↓ $20K
(6.8%) | |
| Price Decreased | |||
| Jul 27, 2025 | Price Increased |
$295,000
↑ $17K
(6.1%) | |
| Price Increased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/17/2025
|
1 Bed
|
1 Bath
|
393 ft²
|
$299,900
1 Bed
1 Bath
393 ft²
|
$289,000
-3.63%
08/28/2025
|
Don Taylor
Realty Executives Adamo
| |
|
05/07/2025
|
1 Bed
|
1 Bath
|
393 ft²
|
$278,000
1 Bed
1 Bath
393 ft²
|
$255,000
-8.27%
01/26/2026
|
Greg Burney
FOXTAIL REAL ESTATE
| |
|
04/18/2025
|
1 Bed
|
1 Bath
|
393 ft²
|
$319,000
1 Bed
1 Bath
393 ft²
|
$285,000
-10.66%
06/26/2025
|
Don Taylor
Realty Executives Adamo
| |
|
08/17/2024
|
1 Bed
|
1 Bath
|
393 ft²
|
$328,000
1 Bed
1 Bath
393 ft²
|
$300,000
-8.54%
11/27/2024
|
SOFIA ERSHOVA
BUSINESS & REALTY CONSULTING OF FLORIDA
| |
|
07/26/2024
|
1 Bed
|
1 Bath
|
393 ft²
|
$329,000
1 Bed
1 Bath
393 ft²
|
$324,000
-1.52%
09/06/2024
|
Danielle Tringali
RE/MAX CHAMPIONS
| |
|
05/12/2023
|
1 Bed
|
1 Bath
|
393 ft²
|
$298,000
1 Bed
1 Bath
393 ft²
|
$300,000
+0.67%
06/22/2023
|
Kristen O'Connell-Rubin
PEOPLE'S CHOICE REALTY SVC LLC
| |
|
07/01/2022
|
1 Bed
|
1 Bath
|
393 ft²
|
$349,000
1 Bed
1 Bath
393 ft²
|
-
-
|
Stephanie Passman
CHARLES RUTENBERG REALTY INC
| |
|
10/05/2021
|
1 Bed
|
1 Bath
|
393 ft²
|
$234,900
1 Bed
1 Bath
393 ft²
|
-
-
|
Lambdin Freeman
Realty Experts
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017