15405 GULF BOULEVARD #B1

$1,695,000

● Townhouse - Off Market

15405 GULF BOULEVARD #B1

MADEIRA BEACH, FL 33708

5 Beds

4 Baths

2,706 Ft²

$9,254

Est. Monthly

1.82%

Cap Rate

About This Property

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!

Unit Size

2,706 Ft²

Days on Market

1312 days

Land Size

0.12 acres

Price per sqft

$626

Property Type

Townhouse

Property Taxes

$931

HOA Dues

Year Built

1936

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Stellar MLS #U8148916)

Price History

Date / Event	Date	Event
Aug 18, 2025	Sold	Premium
Sold
Jun 25, 2025	In contract	-
In contract
Mar 31, 2025	Relisted	$1,695,000
Relisted
Jan 14, 2022	Listed by CENTURY 21 BEGGINS	$1,274,500
Listed by CENTURY 21 BEGGINS

Property Highlights

Parking Available

Garage

Air Conditioning

Parking Details

Has Garage

Attached Garage

Parking Features: Garage Door Opener, Tandem, Underground

Garage Spaces: 3

Interior Details

Full Bathrooms: 4

Interior Features: Walk-In Closet(s), Split Bedroom

Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator

Flooring Type: Ceramic Tile, Tile

Door Features: Sliding Doors

Rooms: 3

Exterior Details

Square Footage: 2706

Square Footage Source: $0

Property Condition: Completed

Year Built: 2025

Builder Name: Beach Builders

Builder Model: Custom

Levels: Three Or More

Building Area Units: Square Feet

Construction Materials: Block, Cement Siding, Concrete, Metal Siding, Stucco

Lot Size Area: 5134

Lot Size Units: Square Feet

Lot Size Acres: 0.12

Lot Size Square Feet: 5134

Tax Lot: 6

Water Source: Public

Financial Details

Tax Annual Amount: $11,169

Lease Considered: Yes

Utilities Details

Cooling Type: Central Air

Heating Type: Central, Electric

Sewer : Public Sewer

Location Details

HOA/Condo/Coop Fee Includes: Maintenance Grounds, Sewer, Trash, Water, Community Pool, Pool Maintenance

HOA/Condo/Coop Amenities: Pool, Sauna

HOA Fee Frequency: Monthly

Request mortgage information redaction

Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20220114 Unit B1 01/14/2022	B1	5 Bed	4 Bath	2706 ft²	$1,274,500 5 Bed 4 Bath 2706 ft²	$1,695,000 +32.99% 08/18/2025	Jeffrey Beggins CENTURY 21 BEGGINS
20220114 Unit A1 01/14/2022	A1	5 Bed	4 Bath	2634 ft²	$1,529,550 5 Bed 4 Bath 2634 ft²	$1,569,550 +2.62% 03/13/2025	Jeffery Beggins CENTURY 21 BEGGINS
20220114 Unit A4 01/14/2022	A4	5 Bed	4 Bath	2634 ft²	$1,514,550 5 Bed 4 Bath 2634 ft²	$1,554,550 +2.64% 02/25/2025	Jeffery Beggins CENTURY 21 BEGGINS
20220114 Unit A3 01/14/2022	A3	5 Bed	4 Bath	2634 ft²	$1,317,000 5 Bed 4 Bath 2634 ft²	$1,590,000 +20.73% 02/25/2025	Jeffery Beggins CENTURY 21 BEGGINS
20220114 Unit B3 01/14/2022	B3	5 Bed	4 Bath	2519 ft²	$1,385,450 5 Bed 4 Bath 2519 ft²	$1,425,450 +2.89% 02/27/2025	Jeffery Beggins CENTURY 21 BEGGINS
20220114 Unit A5 01/14/2022	A5	5 Bed	4 Bath	2706 ft²	$1,448,700 5 Bed 4 Bath 2706 ft²	$1,488,700 +2.76% 02/21/2025	Jeffery Beggins CENTURY 21 BEGGINS
20220114 Unit C2 01/14/2022	C2	5 Bed	4 Bath	2634 ft²	$1,750,000 5 Bed 4 Bath 2634 ft²	$1,569,550 -10.31% 02/24/2025	Jeffery Beggins CENTURY 21 BEGGINS
20220114 Unit B2 01/14/2022	B2	5 Bed	4 Bath	2706 ft²	$1,448,425 5 Bed 4 Bath 2706 ft²	$1,606,000 +10.88% 02/14/2025	Jeffery Beggins CENTURY 21 BEGGINS
20220114 Unit C1 01/14/2022	C1	5 Bed	4 Bath	2634 ft²	$1,600,000 5 Bed 4 Bath 2634 ft²	$1,750,000 +9.38% 01/31/2025	Jeffery Beggins CENTURY 21 BEGGINS
20220114 Unit A6 01/14/2022	A6	5 Bed	4 Bath	2706 ft²	$1,332,000 5 Bed 4 Bath 2706 ft²	$1,332,000 01/28/2025	Jeffery Beggins CENTURY 21 BEGGINS
20200828 08/28/2020		Studio	-	3722 ft²	$2,200,000 Studio - 3722 ft²	$2,200,000 04/22/2021	Terri Hockensmith SMITH & ASSOCIATES REAL ESTATE

Building Info

15405 Gulf Boulevard 15405 Gulf Boulevard, Saint Petersburg, FL 33708

2 Units for Sale

More about this Building

Want to find out who owns 15405 Gulf Boulevard, Saint Petersburg, FL 33708? Get detailed property transactions here.

About Madeira Beach

Stats & Trends

Median Asking:

$644,500

Sale Price/ft²

$525

Below Asking

0.04%

Average Days on Market

Average Home Size

1510 ft²

Average Home Age

44.3 years

Currently For Sale

199 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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$10,000 /mo

3 Beds
2 Baths
1,460 ft²

16550 Gulf Boulevard #342, NORTH REDINGTON BEACH, FL, 33708 Listing by Amy Hartman

Unit for rent at 16500 Gulf Boulevard, FL, 33708

$7,500 /mo

3 Beds
2 Baths
1,460 ft²

16500 Gulf Boulevard #355, FL, 33708 Listing by Amy Hartman

Rentals Near You

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Listed by: Jeffrey Beggins
CENTURY 21 BEGGINS
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# U8148916

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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.