About 701 S Madison Avenue 505
One or more photo(s) has been virtually staged. Clearwater Beach Investment Gem – Airbnb/VRBO Ready! Just 10 minutes from the world-famous #1 Rated Clearwater Beach, this updated 1-bedroom, 1-bath condo offers the ideal mix of lifestyle and income potential. Whether you're looking for a personal beach retreat or a high-performing rental asset, this one delivers. Inside, you’ll find New Luxury Vinyl plank floors, granite kitchen countertops, a spacious layout, and in-unit laundry—all designed for comfort and convenience. The generously sized bedroom includes a walk-in closet, and recent upgrades like a new 2025 HVAC system means fewer maintenance worries. Set in a resort style gated community with lakeside views, enjoy access to a sparkling outdoor pool, a full gym, and a recreation room perfect for hosting private events. LOW HOA fee of $300/month includes: water, sewer, trash, and security entry keeping ownership simple and cost-effective. Airbnb & VRBO Ready: This condo is ready to set up for short-term rentals, with comparable units consistently earning $1,500–$1,600/month and never vacant. Whether you go long-term or list it on Airbnb or VRBO, the returns are excellent! CAP Rate Potential: 8-10%+ With a list price of $149,900 and strong rental history, this property is ideal for investors seeking cash flow near the coast. Located just minutes from Downtown Clearwater and 30 minutes from both Tampa International Airport and Downtown St. Pete—this central location makes it highly desirable for vacationers and snowbirds alike. Don’t miss this chance to own a proven income property near Florida’s top-ranked beach. Schedule your showing today and start generating revenue from day one! Seller financing available with sizable down payment* PASSED MILESTONE*
Features of 701 S Madison Avenue 505
| MLS® # | TB8395553 |
|---|---|
| Price | $149,900 |
| Sold Price | $134,000 |
| Sold Date | September 5th, 2025 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 633 |
| Acres | 5.31 |
| Year Built | 1985 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Sold |
Listing Details
| Office | EXP REALTY LLC |
|---|
Listing Map
Neighborhood Information for 701 S Madison Avenue 505
Stable Population, Low Residential Turnover, Coastal Area, Suburb of Tampa
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
Washburn Academy Private - Kindergarten to 12Th Grade - Closest Elementry School |
0 Miles | |
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Saint Cecelia Interparochial Catholic - Preschool to 8Th Grade - Closest Middle School |
1 Miles | |
|
Belleair Elementary School Public - Preschool to 5Th Grade |
1 Miles | |
|
|
Clearwater Academy International Private - Preschool to 12Th Grade |
1 Miles | |
|
|
Church Of Scientology Cadet School Private - 7Th Grade to 12Th Grade |
1 Miles | |
|
|
Clearwater Intermediate School Public - 5Th Grade to 9Th Grade |
1 Miles | |
|
|
Iva Christian School Private - Kindergarten to 12Th Grade - Closest High School |
1 Miles |
School data provided by GreatSchools