$443,325*
●
Condo -
Off Market
273 REX PLACE #C
MADEIRA BEACH, FL 33708
1 Bed
1 Bath
665 Ft²
$396,000 - $482,000
Reference Base Price*
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
No Steps to Climb, First Floor 1 bedroom 1 bath with two screened
porches. Bedroom has KING bed and walk in closet.
Stack washer/Dryerin Unit. All floors except porch are
Porcelain Tile. Unit has high ratings with VRBO.
Living room has Futon for extra sleeping space.Madeira Beach Yacht
Club is located in an excellent location. Park the car and
walk to several restaurants, Post Office, Library, Grocery
Store,CVS, Cambria Hotel the beautiful Archibald Park Beach
for a salt water swim or just for food.Walk 1 block to Gulf Blvd
and HOP the Beach TROLLY for a nominal bus fee you can ride to
John's Pass Village, Clearwater Beach or St Pete Beach.Fully
furnished for immediate use.; the Balinese Carved Fisherman does
not convey and The Hand Painted Screen is not included in thesales
price but can be negotiated
The manager has listed the unit size as 665 square feet.
The manager has listed the unit size as 665 square feet.
Unit Size
665 Ft²
Days on Market
-
Land Size
9.00 acres
Price per sqft
$662
Property Type
Condo
Property Taxes
$296
HOA Dues
$452
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 |
|---|---|---|---|
| Jun 13, 2023 | Sold | ||
| Sold | |||
| May 1, 2023 | Listed | $485,000 | |
| Listed | |||
| | |||
|
TURNKEY is an understatement when it comes to this beautifully outfitted Beach Condo. Whether looking for a second home or vacation rental, this unit has it all. Located a short walk to the white-sugar sands of Madeira Beach, restaurants, and activities, Madeira Beach Yacht Club boasts two pools, a rec room with billiards, fitness center, spa, outdoor grills and fishing pier, and across the street you'll find tennis, pickleball, baseball, and a playground at ROC park. This unit has already earned $22,000 in STR bookings in 2023. The Owner is moving on to a larger project, which means you can capitalize on over $30,000 in furnishing and decor.
View the STR listing here: https://abnb.me/Yv7uQMTiazb
| |||
| May 6, 2022 | No longer available | - | |
| No longer available | |||
| Apr 15, 2022 | In contract | - | |
| In contract | |||
| Apr 11, 2022 | Listed | $439,900 | |
| Listed | |||
Property Highlights
Air Conditioning
Parking Available
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 |
|---|---|---|---|---|---|---|---|
|
02/17/2026
|
1 Bed
|
1 Bath
|
665 ft²
|
$325,000
1 Bed
1 Bath
665 ft²
|
$260,000
-20.00%
07/01/2026
|
Jessica McKinney
FLORIDA REALTY EXCHANGE LLC
| |
|
08/26/2025
|
1 Bed
|
1 Bath
|
665 ft²
|
$349,900
1 Bed
1 Bath
665 ft²
|
$200,000
-42.84%
03/27/2026
|
Debbie Kempf
CENTURY 21 RE CHAMPIONS
| |
|
09/14/2023
|
1 Bed
|
1 Bath
|
665 ft²
|
$419,000
1 Bed
1 Bath
665 ft²
|
$350,000
-16.47%
03/08/2024
|
Pat Pearlman
CHARLES RUTENBERG REALTY INC
| |
|
05/01/2023
|
1 Bed
|
1 Bath
|
665 ft²
|
$485,000
1 Bed
1 Bath
665 ft²
|
$485,000
06/13/2023
|
Beth Silverman
EXP REALTY LLC
| |
|
11/19/2022
|
1 Bed
|
1 Bath
|
665 ft²
|
$479,000
1 Bed
1 Bath
665 ft²
|
-
-
|
Ryan Delk
DALTON WADE, INC.
| |
|
04/11/2022
|
1 Bed
|
1 Bath
|
665 ft²
|
$439,900
1 Bed
1 Bath
665 ft²
|
-
-
|
Joyce Drew
CHARLES RUTENBERG REALTY INC
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017