$1,700,000
Active · 24 days on market · MLS# MFRTB8423525
| Bedrooms | 5 |
|---|---|
| Bathrooms | 4 |
| Living area | 2,706 sq ft |
| Lot size | 0.12 acres |
| Year built | 2025 |
| Property type | Townhouse |
| Garage spaces | 3 |
| Private pool | Yes |
| Waterfront | Yes |
| HOA fee | $839 |
| Annual taxes | $25,035 |
| County | Pinellas |
ROOFTOP TERRACE + BEACH ACCESS!! Welcome to this impressive 5-bedroom, 4-bath, 2,800 sq ft residence at Azul Townhomes in Madeira Beach, offering a perfect blend of coastal elegance and modern design across four levels. Approved for short-term rentals on a daily, nightly, or weekly basis, it also serves beautifully as a primary home or a luxury vacation retreat. Airbnb projections showing a massive 9.2% cap rate and 9.7% cash on cash return. Just steps from the beach, the property includes two private balconies, a spacious rooftop terrace designed for entertaining with room for a hot tub and wet bar, a private elevator for seamless access between all four floors, and a 2+ car garage with additional storage. Residents also enjoy access to a sparkling community pool. Inside, the open layout is filled with natural light and upscale finishes, creating a warm yet great atmosphere. An Airbnb rental manager projects nearly $200,000 in annual income, highlighting the incredible investment potential. DSCR financing is available to streamline approval by considering projected cash flow, and the property also qualifies for a 1031 exchange. This is the only unit available at Azul Townhomes. Schedule your private showing today!
Listing courtesy of Peter Liberatore, KELLER WILLIAMS TAMPA CENTRAL. Presented by MC Homes Realty Inc · 727432218.