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230 MEDALLION BOULEVARD #E
About This Property
Located on the second floor, this light and bright unit features an updated kitchen with granite countertops, white shaker cabinetry, and a breakfast bar overlooking the open living and dining area. Tile flooring throughout provides easy maintenance and a true beach-living lifestyle. The spacious primary bedroom offers ample room to relax, while the guest bedroom comfortably accommodates family and visitors.
Step outside to your private screened balcony overlooking the community pool, the perfect spot to enjoy your morning coffee or unwind after a day at the beach. Additional conveniences include an in-unit washer and dryer and generous storage.
Madeira Beach Yacht Club offers resort-style amenities, including two heated swimming pools, a hot tub, fitness center, saunas, clubhouse, billiards room, library, and four fishing piers along the Intercoastal Waterway. The community allows 7-day minimum rentals, making it an excellent opportunity for investors seeking vacation rental potential.
Ideally located just a short walk to the sugar sand beaches of Madeira Beach, you'll also enjoy easy access to grocery stores, restaurants, shopping, the library, post office, and ROC Park, featuring pickleball, tennis, basketball courts, playgrounds, waterfront walking trails, and community events throughout the year. The nearby Jolly Trolley provides convenient transportation along the Gulf Beaches from Clearwater Beach to Pass-a-Grille.
Whether you're looking for a turnkey beach getaway, full-time coastal residence, or a flexible investment property, this condo offers the perfect combination of location, amenities, and value in the heart of Madeira Beach.
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/09/2026
|
2 Bed
|
1 Bath
|
750 ft²
|
$349,900
2 Bed
1 Bath
750 ft²
|
$309,000
-11.69%
08/21/2026
|
Brandon Tecklenburg
TERRI HOCKENSMITH
| |
|
09/20/2023
|
2 Bed
|
1 Bath
|
750 ft²
|
$499,000
2 Bed
1 Bath
750 ft²
|
$465,000
-6.81%
11/20/2023
|
Chris Remmert
CENTURY 21 EXECUTIVE TEAM
| |
|
09/10/2020
|
2 Bed
|
1 Bath
|
750 ft²
|
$319,000
2 Bed
1 Bath
750 ft²
|
-
-
|
Jason Statton
REALTY EXPERTS
| |
|
06/28/2020
|
2 Bed
|
1 Bath
|
750 ft²
|
$305,000
2 Bed
1 Bath
750 ft²
|
$285,000
-6.56%
08/20/2020
|
Tamatha Spangler
| |
|
11/22/2019
|
2 Bed
|
1 Bath
|
750 ft²
|
$269,000
2 Bed
1 Bath
750 ft²
|
-
-
|
Chris Remmert
CENTURY 21 EXECUTIVE TEAM
|
Building Info
- 1 Unit for Sale
About Madeira Beach
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$2,200 /mo
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$2,150 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017