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$134,000

  • Sold
  • Closed
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 633 Sq. Ft.
See This Home
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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*

Full Property Details for 701 S Madison Ave #505

General

  • Sold For: $134,000
  • HOA FEE: $300/month
  • Taxes: $1,498 (2024)
  • Status: Closed
  • Type: Condo
  • Source: MidFloridaRegionalMLS
  • MLS ID: TB8395553
  • Added to Site: 221 day(s) ago

Rental Information

  • Min. Lease: 1 Month

Interior

  • Number of Rooms: 5
  • Interior Features: Eating Space In Kitchen, High Ceilings, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer
  • Flooring: Luxury Vinyl, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Other Rooms

  • Laundry: Inside

Additional Information

  • Shared Amenities: Elevator(s), Fitness Center, Gated, Maintenance, Park, Pool, Wheelchair Access
  • Pool Description: Gunite

Exterior

  • Exterior Features: Sidewalk

Parking

  • Parking Features: Common, Guest, Off Street, Open, Tandem

Location

  • Area: 33756 - Clearwater/Belleair
  • County: Pinellas
  • Development Name: 33756 - Clearwater/Belleair
  • Subdivision: LAKESIDE CROSSING CONDO
  • Driving Directions: Gulf to bay turn right on Druid then another right on Madison.
  • Direction Faces: West

Community

  • Community Name: 33756 - Clearwater/Belleair
  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness Center, Gated Community - No Guard, Park, Playground, Pool, Sidewalks, Wheelchair Access
  • Optional Amenities: Elevator(s), Fitness Center, Gated, Maintenance, Park, Pool, Wheelchair Access
  • Association: Yes
  • Assoc. Name: Scott Vignery
  • Assoc. Fees Include: Common Area Taxes, Community Pool, Maintenance Structure, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: BB/HS Internet Available, Cable TV Available, Electricity Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Available, Water Connected

Structural Information

  • Exterior Const.: Block, Concrete
  • Roof: Built-Up
  • Windows: Drapes
  • Stories/Levels: One
  • Square Feet: 633
  • Sq. Ft. Source: Estimated
  • Living Area: 633 Sq. Ft.
  • Year Built: 1985

Lot Features

  • Property View: City, Water
  • Lot Size (Acres): 5.31
  • Lot Size (Sq. Ft.): 231,833
  • Lot Size: 5.3222
  • Street/Road Desc.: Paved

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Pond

Financial Considerations

  • Association Fee: $300
  • Assoc Fee Freq.: Monthly
  • Assoc Fee Desc.: Required
  • Tax Amount: $1,498.18
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: None
  • Legal Description: LAKESIDE CROSSING CONDO UNIT 505
  • Flood Zone Info: x
  • APN: 152915486620005050
  • Property ID: 152915486620005050

Listed by Exp Realty Llc
Sold by Lokation

Listing agent

— 701 S Madison Ave #505 —

  • Exp Realty Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 701 S Madison Ave #505

School District:Pinellas County School District
NameGradesDistance
Belleair Elementary School
1156 Lakeview Road, Clearwater, FL 33756
PK-50.5 mi
Oak Grove Middle School
1370 South Belcher Road, Clearwater, FL 33764
6-82.7 mi
Clearwater High School
540 South Hercules Avenue, Clearwater, FL 33764
9-122 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 701 S Madison Ave #505

Date
Details
Price
Change
Source
9/05/2025
Sold
$134,000
-10.61%
MLS
6/11/2025
Listed
$149,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Exp Realty Llc
Sold by Lokation

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701 S Madison Avenue #505, Clearwater, FL 33756 (MLS# TB8395553) is a Condo property that was sold at $134,000 on September 05, 2025. Want to learn more about 701 S Madison Avenue #505? Do you have questions about finding other Condo real estate for sale in Clearwater? You can browse all Clearwater real estate or contact a Coldwell Banker agent to request more information.