$315,039*
●
Condo -
Off Market
159 MEDALLION BOULEVARD #F
MADEIRA BEACH, FL 33708
1 Bed
1 Bath
430 Ft²
$207,000 - $253,000
Reference Base Price*
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
TURN-KEY SHORT TERM WEEKLY RENTAL Income Property is the perfect
BEACHSIDE investment! This unit is already generating income
with the potential to DOUBLE the ROI! This Gulf View,
Waterfront Community is located ONE Block to the Beach! You
can walk to the beach from this unit – no need to drive! This
unit has been completely renovated and is being sold FULLY
FURNISHED – TURN KEY! This is a Gated community with weekend
security guard patrols. There are GULF VIEWS from the front
balcony and AMAZING water views from the back patio which offers a
table with umbrella and a private grill! Small pets are welcome to
owners. Rent 7 day minimum. Low monthly HOA fees of $192! UPGRADES:
All windows have been replaced w/ hurricane proof windows.
Electrical fuse box replaced in 2015 and HVAC in 2017.
Kitchen and Bath have been completely remodeled with granite
counters, new fixtures, Washer/dryer INSIDE unit, new cabinets and
vanity, new tile floors and more! The unit will sleep 4 (2 on
pull out couch and 2 in master bedroom.) There is a large
closet and attic access for additional storage. This unit is
fully furnished and stocked and is TURN-KEY and ready to generate
income for you! On-site amenities include; work out rooms,
Sauna, 2 Steam rooms, 2 Pools, Billiards room, Club house, and 4
Piers. WALK to the beach and to Roc Park, Yoga, Tennis courts, Dog
park, Playground, Recreation center, Library, Winn Dixie, Massage
day Spa! Walking distance to Restaurants and Downtown Madeira
Beach. BOATSLIPS for rent from private owners. This unit does not
come with a private slip. There are bookings scheduled in
2020 and 2021, ask for details.
The manager has listed the unit size as 430 square feet.
The manager has listed the unit size as 430 square feet.
Unit Size
430 Ft²
Days on Market
-
Land Size
-
Price per sqft
$535
Property Type
Condo
Property Taxes
$156
HOA Dues
$16
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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 |
|---|---|---|---|
| May 11, 2026 | Listed | $325,000 | |
| Listed | |||
   | |||
|
This furnished one-bedroom condo on the second floor sits inside a gated waterfront community steps from the Gulf of Mexico, positioned as a personal retreat and a short-term rental that can carry its own weight. The 1-week minimum lease and consistent visitor demand in this zip code make it one of the cleaner income plays on the Pinellas beach corridor.
The open floor plan moves easily from the kitchen through to the living space, with solid wood cabinets, granite counters, and ceramic tile throughout. An in-unit washer and dryer are tucked neatly into the kitchen, a practical detail that adds convenience to your routine. The bedroom has a relaxed coastal feel, dual closets, and a private en-suite bath with an oversized walk-in glass shower and granite vanity.
The community earns its keep: two heated pools, a hot tub, four fishing piers, a community boat ramp, clubhouse, and fitness center, all within a gated waterfront property on Boca Ciega Bay. The HOA covers cable, water, sewer, trash, pest control, exterior maintenance, and pool upkeep. Cross Gulf Boulevard and you're on the sand. John's Pass Village, Clearwater Beach, and St. Pete Beach are all a short drive in either direction.
Offered fully furnished, this short-term rental eligible Madeira Beach condo at this price point is worth a conversation.
| |||
| Aug 19, 2022 | Sold | ||
| Sold | |||
| Jun 13, 2022 | Listed | $379,000 | |
| Listed | |||
| | |||
|
Turn-key furnished condo, with short term rental ability! This unit is already generating income with advance reservations in place. This waterfront Community is located less than ONE Block to the Beach! You can walk to the beach from this unit – no need to drive! This unit has been completely renovated and is being sold FULLY FURNISHED – TURN KEY! This is a Gated community with ample parking. There are partial GULF VIEWS from the front balcony and AMAZING water views from the back patio which offers a table with umbrella and a private grill! Rent 7 day minimum. Recent updates/upgrades: All windows have been replaced w/ hurricane proof windows. Electrical fuse box replaced in 2015 and HVAC in 2017 (with maint. contract). Kitchen and Bath have been completely remodeled with granite counters, newer fixtures, Washer/dryer inside unit, newer cabinets and vanity, newer tile floors and more! The unit will sleep 4 (2 on pull out couch and 2 in master bedroom.) There is a large closet and attic access for additional storage. This unit is fully furnished and stocked, turn-key and ready to occupy or rent immediately! On-site amenities include; work out rooms, Sauna, 2 Steam rooms, 2 Pools, Billiards room, Club house, and 4 Piers. WALK to the beach and to ROC Park, Yoga, Tennis courts, Dog park, Playground, Recreation center, Library, Winn Dixie and more. Walking distance to Restaurants and Downtown Madeira Beach. Boat slips may be available for rent from private owners or may be purchased (when available). Condo fees include all expenses except electric. Own your piece of paradise and earn income from rentals to pay for it.
| |||
| Aug 27, 2020 | No longer available | - | |
| No longer available | |||
| Aug 21, 2020 | Listed | $230,000 | |
| Listed | |||
Property Highlights
Air Conditioning
With View
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/07/2023
|
1 Bed
|
1 Bath
|
430 ft²
|
$395,000
1 Bed
1 Bath
430 ft²
|
$390,000
-1.27%
11/20/2023
|
Chris Remmert
CENTURY 21 EXECUTIVE TEAM
| |
|
09/19/2022
|
1 Bed
|
1 Bath
|
430 ft²
|
$349,000
1 Bed
1 Bath
430 ft²
|
$315,000
-9.74%
02/24/2023
|
Michael Lynch
COLDWELL BANKER SUN VISTA
| |
|
07/23/2022
|
1 Bed
|
1 Bath
|
430 ft²
|
$414,000
1 Bed
1 Bath
430 ft²
|
-
-
|
Gina Johnson
WATERFRONT REALTY TAMPABAY
| |
|
06/13/2022
|
1 Bed
|
1 Bath
|
430 ft²
|
$379,000
1 Bed
1 Bath
430 ft²
|
$352,000
-7.12%
08/19/2022
|
Michael Wyckoff
Engel & Volkers Madeira Beach
| |
|
06/13/2022
| |
1 Bed
|
1 Bath
|
430 ft²
|
$399,000
1 Bed
1 Bath
430 ft²
|
$390,000
-2.26%
10/10/2022
|
Michael Wyckoff
Engel & Volkers Madeira Beach
|
|
07/21/2021
|
1 Bed
|
1 Bath
|
430 ft²
|
$235,000
1 Bed
1 Bath
430 ft²
|
$235,000
07/21/2021
|
Gina Johnson
WATERFRONT REALTY TAMPABAY
| |
|
08/21/2020
|
1 Bed
|
1 Bath
|
430 ft²
|
$230,000
1 Bed
1 Bath
430 ft²
|
-
-
|
Michelle Chandler
Future Home Realty Inc
|
Building Info
159 Medallion Boulevard
159 Medallion Boulevard, Saint Petersburg, FL 33708
- 3 Units for Sale
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017