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Julia Vakulenko - Broker -

TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553 TB8395553
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701 S MADISON AVE #505, CLEARWATER, 33756



Property highlights

  • MLS#: TB8395553
  • 231,833.00 lot size Sq.Ft.
  • Year built: 1985
  • Floor: 5
  • Pool: Community pool
  • Waterfront:
  • Listed: 06/11/2025
  • Taxes: $1,498.18
  • HOA fees (monthly): $300.00
  • Average Monthly Fees (not including CDD, if any): $300.00
  • Maintenance fee includes: Common Area Taxes, Pool, Maintenance Structure, Recreational Facilities, Sewer, Trash and Water
  • Building Name: LAKESIDE CROSSING CONDO
  • Virtual Tour

Property Overview

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*

Driving directions : Gulf to bay turn right on Druid then another right on Madison.

Property Features

Rooms Dimension Description
Primary Bedroom 11x12 First level
Primary Bathroom 9x5 First level
Kitchen 15x9 First level
Dining Room 12x6 First level
Living Room First level

Interior Features

  • Eat-in Kitchen
  • High Ceilings
  • Open Floorplan
  • Solid Surface Counters
  • Solid Wood Cabinets

Appliances

  • Cooktop
  • Dishwasher
  • Disposal
  • Dryer
  • Range
  • Range Hood
  • Refrigerator
  • Washer

Heating

  • Central

Laundry features

  • Inside

Air Conditioning

  • Central Air

Floor Covering

  • Luxury Vinyl
  • Wood

Utilities

  • BB/HS Internet Available
  • Cable Available
  • Electricity Available
  • Electricity Connected
  • Public
  • Sewer Connected
  • Water Available
  • Water Connected

Exterior features

  • Sidewalk

Pool features

  • Gunite

Parking features

  • Common
  • Guest
  • Off Street
  • Open
  • Tandem

View

  • City
  • Water

Community Features

  • Association Recreation - Owned
  • Deed Restrictions
  • Fitness Center
  • Gated Community - No Guard
  • Park
  • Playground
  • Pool
  • Sidewalks
  • Wheelchair Access
  • Street Lights

Association Amenities

  • Elevator(s)
  • Fitness Center
  • Gated
  • Maintenance
  • Park
  • Pool
  • Wheelchair Access

Construction Materials

  • Block
  • Concrete

Road Surface Type

  • Paved

Property Condition

  • Completed

Roof

  • Built-Up

Foundation

  • Slab

Listing information courtesy of EXP REALTY LLC

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Listing data comes from My Florida Regional MLS.