12901 Gulf Lane 301, MADEIRA BEACH

$467,900

Active

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2 Beds
2 Baths
1,140 Sqft
1 Acres
0 Garages

Don’t miss your opportunity to own this income generating, oversized, corner condo located at the southern end of Madeira Beach, making this an ideal location for anyone wanting to have some fun in the sun or pad their portfolio. The community, Beach Place, sought after by vacationers and investors alike is located just across the street from the world-renowned Johns Pass Village with its impressive boardwalk, variety of shops, restaurants, and entertainment. No need to cross any roads or bridges to enjoy the beautiful powder sand and turquoise waters of the Gulf of Mexico. Likewise, you can easily be across the street via the under-bridge corridor watching the ships come in at Johns Pass Village carrying their catch of the day. This well-appointed 2-bedroom condo comes completely turnkey with everything you could need for a great beach stay. The current owner has painstakingly decorated in a gorgeous nautical theme. Large bedrooms add room to spread out and have plenty of space to stow all your things. The waterfront owner’s suite has private access to the balcony, a large walk in closet; and a newly refreshed ensuite bath featuring a large vanity and tub/shower combination. The open floorplan allows for easy entertaining, meals, and relaxation. The large kitchen has newer white appliances, tons of counter space, and a breakfast bar. Incredibly convenient assigned parking space only a few steps from the elevator. This community is complete with a heated beach front pool, BBQ grills, Tiki Huts, and outdoor showers. Beach Place condos has an excellent on-site management company to take care of all your guests needs, you can choose your own company, or even self-manage. The current owners generated nearly $26,000 in 2019 even with over 2 months of personal use in high season. 2021 already has $16,000 in revenue booked. This community is NOT a condo hotel, an owner could live here full time, and homestead the property if they so wished.

Essential Information
MLS® # U8103503
Price $467,900
Bedrooms 2
Bathrooms 2.00
Full Baths 2
Square Footage 1,140
Acres 1.00
Year Built 1981
Type Residential
Sub-Type Condominium
Style Florida,Spanish/Mediterranean
Status Active
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Neighborhood Information for 12901 Gulf Lane 301

Moderate Residential Turnover, Coastal Area, Suburb of Tampa

Weather

  • Highs

    • January 69.30℉
    • July 90.20℉
  • Lows

    • January 54.00℉
    • July 76.60℉
  • rain icon

    Precipitation

    • 49.58"
   
Great Schools School Name Distance  

Madeira Beach Fundamental K-8

Public - Kindergarten to 8th Grade - Closest Elementry School
1.7 Miles

Community Christian School Of Five Oaks

Private - Kindergarten to 12th Grade
2.2 Miles

Wellmont Academy

Private - to
2.2 Miles

Admiral Farragut Academy

Private - Preschool to 12th Grade - Closest Middle School
2.4 Miles

Azalea Middle School

Public - 6th Grade to 8th Grade
2.4 Miles

Plato Academy Of St Petersburg

Public - Preschool to 3rd Grade
2.4 Miles

Keswick Christian School

Private - Preschool to 12th Grade - Closest High School
2.6 Miles

School data provided by GreatSchools

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Listing data comes from My Florida Regional MLS DBA Stellar MLS.

Listing information last updated on November 26th, 2020 at 9:15pm EST.