$330,000
↓ $200K (14.3%)
●
Condo -
Off Market
52 154th AVENUE #52
MADEIRA BEACH, FL 33708
2 Beds
1 Bath
720 Ft²
$385,487
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Greeat 2 bedroom unit only 189 steps to the Gulf of Mexico.
Needs TLC but ideal location, 1 covered and 1 uncovered
parking space. Roof less than 2 years old. Dining,
shopping, banking and a multitude of activities nearby. Located in
an up and coming residential area. New construction abounds in the
neighborhood. PETS: AT THE DISCRETION OF THE OTHER THREE OWNERS,
YOU MAY BE ABLE TO HAVE SMALL PETS AND WILL NEED THE APPROVAL OF
ALL.
Unit Size
720 Ft²
Days on Market
48 days
Land Size
0.23 acres
Price per sqft
$486
Property Type
Condo
Property Taxes
$150
HOA Dues
$500
Year Built
1965
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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.
Last updated: 3 years ago (Stellar MLS #U8143244)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 11, 2026 | Price Decreased |
$1,200,000
↓ $200K
(14.3%) | |
| Price Decreased | |||
| Apr 11, 2026 | Relisted | $1,400,000 | |
| Relisted | |||
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Listed by PALM PARADISE REALTY GROUP | $305,000 | |
| Listed by PALM PARADISE REALTY GROUP | |||
  | |||
|
ATTENTION INVESTORS, BUILDERS, AND AIRBNB VISIONARIES: Seize this once-in-a-lifetime opportunity to acquire a prime 100 x 100 development site (comprising Lots 50, 52, 54, and 56) in the heart of high-demand Madeira Beach. Boasting flexible Commercial Residential zoning with NO minimum rental restrictions, this rare parcel is perfectly positioned for a lucrative short-term rental project or a flagship coastal development. The location is unbeatable: you are directly across Gulf Blvd from pristine beach access, a single block from the grocery store, and just two blocks from the Tom Stuart Causeway for effortless mainland access. Most importantly, you are situated only two blocks from the transformative Downtown Madeira Beach revitalization project, placing your investment at the epicenter of a multi-million dollar hotel and commercial expansion. Do not miss your chance to own one of the most strategically significant and high-potential lots on the Gulf Coast.
| |||
| Apr 25, 2025 | Price Decreased |
$375,000
↓ $100K
(21.1%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
Parking Details
Has Carport
Interior Details
Full Bathrooms: 1
Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Window Treatments
Appliances: Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
Flooring Type: Terrazzo, Tile
Laundry Features: Laundry Closet, Laundry Room
Rooms: 5
Exterior Details
Square Footage: 720
Square Footage Source: $0
Year Built: 1965
Levels: One
Building Area Units: Square Feet
Window Features: Window Treatments
Construction Materials: Block, Concrete, Stucco
Patio and Porch Features: Deck, Patio
Lot Size Area: 9973
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 9973
Tax Lot: 0520
Water Source: Public
Financial Details
Tax Annual Amount: $1,805
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager
HOA Fee: $1,500
HOA Fee Frequency: Quarterly
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 |
|---|---|---|---|---|---|---|---|
|
01/12/2024
|
2 Bed
|
1 Bath
|
720 ft²
|
$480,000
2 Bed
1 Bath
720 ft²
|
$480,000
01/12/2024
|
-
| |
|
11/13/2021
|
2 Bed
|
1 Bath
|
720 ft²
|
$349,900
2 Bed
1 Bath
720 ft²
|
$330,000
-5.69%
12/31/2021
|
Gary Havener
COLDWELL BANKER SUN VISTA
|
Building Info
52 154th Avenue
52 154th Avenue, Saint Petersburg, FL 33708
- 1 Unit for Sale
About Madeira Beach
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Listed by: Gary Havener
COLDWELL BANKER SUN VISTA
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8143244
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.
COLDWELL BANKER SUN VISTA
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8143244
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