505/701 S Madison Ave

Clearwater FL 33756

633 sq. ft.

231833 sq. ft.

Condo

Last sold for $134,000

Xilas Santana, last sold this property on 05 September 2025 after 85 days on market.

Overview

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

1 bedroom

1 bathroom

633 sq. ft. floor area

231833 sq. ft. lot size

Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Clearwater over the last 12 months, the estimated median property value of 505/701 S Madison Ave is $150k.

Median value

$150k

Estimated value range

$60k - $325k

Median days on market

Estimated value trend

-6%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Clearwater. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.