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15305 1ST STREET E UNIT 305

Condo/Co-op For Sale
$659,900

BTC: 8.39033694

ETH: 260.77850227

New
3 bds
3 ba
1,440 sqft

Overview

Experience the Best of Coastal Living at Madeira Del Mar! Built in 2021, this beautifully appointed 3-bedroom, 3-bath luxury condo sits just one block from the sugar-white sands of Madeira Beach, moments from John's Pass, dining, and entertainment. This is a proven income performer with $75K in gross rental revenue in 2025 and already over $60K generated year-to-date in 2026—a rare opportunity to buy a turnkey short-term rental with a verified track record. Inside, an open-concept layout showcases a gourmet kitchen with granite countertops, premium stainless steel appliances, and a spacious island built for entertaining. The bright living area opens to a private balcony with partial Bay views, perfect for morning coffee or sunset cocktails. The primary suite offers a king bed, oversized walk-in closet, and spa-like en-suite bath, while both guest bedrooms include their own en-suite baths for maximum privacy and guest comfort—an ideal layout for multi-family bookings. Residents and guests enjoy resort-style amenities including a lush tropical courtyard and heated pool, all just steps from the beach. Whether you're looking for a personal beach getaway or a high-performing investment property with real numbers to back it up, this unit delivers exceptional value and continued income potential. Schedule your private tour today!

Location

Details

Type:
Residential
Parking:
Assigned / Guest / Underground
Year Built:
2020
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$458
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$579,900
$529K – $785K
Confidence Low
List vs. estimate
$80K above estimate
List $659,900 · +13.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$458
-23.4% vs. city median $598
Based on
15 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,187
2025
Pool
In Ground
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Electric Water Heater

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • High Ceilings

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Solid Wood Cabinets

    • Split Bedroom

    • Stone Counters

    • Thermostat

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • Assigned

    • Guest

    • Underground

    Property

    • Levels: One

    • Exterior Features: Balcony / Sliding Doors

    Other Property Information

    • Parcel Number: 093115524050000305

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Available

    • Public

  • Other financial information

    • HOA Frequency: Monthly

    • Annual tax amount: $9,187

  • Source details

    • MLS ID: TB8548082

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: City Lot / Near Public Transit

    • Patio And Porch Features: Covered / Deck / Patio / Porch

    • Pool Features: In Ground

    • Direction Faces: West

    • Architectural Style: Contemporary

    • Attached Garage: Yes

    • Living Area: 1440

    • Water Source: Public

    • Lot Size Dimensions: 250 x 100

    • Subdivision Name: MADEIRA DEL MAR CONDOMINIUM

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: RESORT REALTY