Under Construction. 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. Fully furnished and rental-ready, 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!
Property Details
Price:
$1,695,000
MLS #:
U8148916
Status:
Active
Beds:
5
Baths:
4
Address:
15405 GULF BOULEVARD UNIT B1
Type:
Townhouse
Subdivision:
LONE PALM BEACH
Neighborhood:
33708 – St Pete/Madeira Bch/N Redington Bch/Shores
City:
MADEIRA BEACH
Listed Date:
Jan 14, 2022
State:
FL
Finished Sq Ft:
2,706
ZIP:
33708
Lot Size:
5,134 sqft / 0.12 acres (approx)
Year Built:
2025
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
Schools
Interior
Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Bathrooms
4 Full Bathrooms
Cooling
Central Air
Flooring
Ceramic Tile, Tile
Heating
Central, Electric
Exterior
Association Amenities
Pool, Sauna
Community Features
Pool
Construction Materials
Block, Cement Siding, Concrete, Metal Frame, Stucco
Exterior Features
Balcony, Sliding Doors
Parking Features
Garage Door Opener, Tandem, Under Building
Roof
Concrete
Financial
HOA Frequency
Monthly
HOA Includes
Community Pool, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
HOA Name
Azul Townhomes
Tax Year
2021
Taxes
$11,169
Map
Community
- Address15405 GULF BOULEVARD UNIT B1 MADEIRA BEACH FL
- SubdivisionLONE PALM BEACH
- CityMADEIRA BEACH
- CountyPinellas
- Zip Code33708
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15405 GULF BOULEVARD UNIT B1
MADEIRA BEACH, FL
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