Listing Details for MLS # U8148916
15405 Gulf Boulevard Unit B1, Madeira Beach, Fl 33708

Residential Property - Townhouse in Madeira Beach

Listing Price: $1,695,000Days on Market: 74

Description of Property

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!The average asking price for a 5 bedroom/4 bath townhouse in this Zip code is $1,847,500. This townhouse is listed at about 92% of the average asking price. There are 2 5 bedroom/4 bath homes between $1,400,000 and $2,000,000 currently listed for sale in this Zip code. See other listings like this one »