$1,695,000
Pending · 85 days on market · MLS# MFRU8148916
| 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 |
| Annual taxes | $11,169 |
| County | Pinellas |
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. 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!
Listing courtesy of Jeffrey Beggins, CENTURY 21 BEGGINS. Presented by MC Homes Realty Inc · 727432218.