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$1,695,000
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Property Description
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!
Full Property Details
Full Property Details for 15405 Gulf Blvd #B1
General
- Sold For: $1,695,000
- HOA FEE: $1,395/month
- Taxes: $11,169 (2021)
- Status: Closed
- Type: Townhouse
- Source: MidFloridaRegionalMLS
- MLS ID: U8148916
- Added to Site: 1, 465 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 3
- Interior Features: Split Bedroom, Walk-In Closet(s)
- Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
- Flooring: Ceramic Tile, Tile
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Additional Information
- Shared Amenities: Pool, Sauna
Exterior
- Exterior Features: Balcony, Sliding Doors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Parking Features: Garage Door Opener, Tandem, Under Building
Location
- Area: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
- County: Pinellas
- Development Name: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
- Subdivision: LONE PALM BEACH
- Driving Directions: From the Tom Stuart causeway/150th Ave and Gulf Blvd, head North and the parcel will be on the Right side - 15405 Gulf
- Direction Faces: South
Community
- Community Name: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
- Community Features: Pool
- Optional Amenities: Pool, Sauna
- Association: Yes
- Assoc. Name: Azul Townhomes
- Assoc. Fees Include: Community Pool, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
Structural Information
- Builder: Beach Builders
- Exterior Const.: Block, Cement Siding, Concrete, Metal Frame, Stucco
- Roof: Concrete
- Stories/Levels: Three Or More
- Square Feet: 2,706
- Sq. Ft. Source: Builder
- Living Area: 2,706 Sq. Ft.
- Year Built: 2025
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,134
- Lot Size: 5134
- Street/Road Desc.: Other
Financial Considerations
- Assoc Fee Freq.: Monthly
- Assoc Fee Desc.: Required
- Condo Fee: $1,395
- Condo Fee Freq: Monthly
- Tax Amount: $11,169
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LONE PALM BEACH BLK 5, LOTS 6, 7 & 8 LESS RD R/W ON SW TOGETHER WITH UNPLATTED LAND TO NE DESC BEG MOST N'LY COR OF LOT 6 BLK 5, LONE PALM BEACH TH N40DE 100FT TH S50DE 150FT TH S40DW 100FT TH N50DW 150FT TO POB
- Flood Zone Info: A
- APN: 15405 GULF BLVD # B1
- Property ID: 15405 GULF BLVD # B1
- Block/Lot/Section: 5
Listed by Century 21 Beggins
Sold by Exp Realty Llc
Get Pre-Approved Today
Schools
Schools serving 15405 Gulf Blvd #B1
School District:Pinellas County School District
| Name | Grades | Distance |
|---|---|---|
Orange Grove Elementary School 10300 65th Avenue North, Seminole, FL 33772 | K-5 | 2.3 mi |
Seminole Middle School, Seminole, FL 8701 131st Street North, Seminole, FL 33776 | 6-8 | 3.4 mi |
Seminole High School, Seminole, FL 8401 131st Street North, Seminole, FL 33776 | 9-12 | 3.2 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 15405 Gulf Blvd #B1
Date
Details
Price
Change
Source
8/18/2025
Sold
$1,695,000
—
MLS
3/31/2025
Price Increased
$1,695,000
32.99%
MLS
1/14/2022
Listed
$1,274,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
15405 Gulf Boulevard #B1, Madeira Beach, FL 33708 (MLS# U8148916) is a Townhouse property that was sold at $1,695,000 on August 18, 2025. Want to learn more about 15405 Gulf Boulevard #B1? Do you have questions about finding other Townhouse real estate for sale in Madeira Beach? You can browse all Madeira Beach real estate or contact a Coldwell Banker agent to request more information.

