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13235 GULF BOULEVARD UNIT 603

Active With Contract
$640,000

BTC: 8.27943079

ETH: 261.33115557

41 days
2 bds
2 ba
1,163 sqft

Overview

Under contract-accepting backup offers. Turnkey Penthouse Condo-Hotel Investment Just Steps from Madeira Beach & John's Pass! Experience the perfect combination of personal beach retreat and income-producing investment in this beautifully appointed 6th-floor penthouse residence at Madeira Bay Resort. Offering 2 bedrooms, 2 bathrooms, plus a versatile den, this fully furnished, turnkey condominium encompasses 1,163 square feet and is ready to enjoy or continue operating as a successful vacation rental from day one. Designed for both comfort and functionality, the residence comfortably accommodates up to six guests, with the den thoughtfully furnished with a trundle-style daybed to maximize flexibility and rental appeal. The spacious primary suite features a private ensuite bath and direct access to one of two private balconies, while the second balcony extends from the living area. Enjoy stunning eastern views overlooking the Intracoastal Waterway, boat docks, and sparkling waterfront, creating the perfect backdrop for morning coffee or evening relaxation. Ideally situated directly across the street from the sugar-sand beaches of Madeira Beach and just two blocks from world-famous John's Pass Village & Boardwalk, owners and guests can easily enjoy waterfront dining, shopping, fishing charters, dolphin cruises, and endless entertainment. This unique condo-hotel ownership opportunity allows owners to enjoy the property as a personal vacation getaway for up to 90 days annually, while generating income through short-term vacation rentals during the remainder of the year. Offered with future vacation reservations already in place, high occupancy history, and the convenience of professional on-site rental management, this is a rare opportunity to acquire a truly turnkey investment with immediate income potential. Residents and guests enjoy a variety of resort-style amenities, including a waterfront swimming pool overlooking the Intracoastal Waterway, covered under-building parking, a 24-hour fitness center conveniently located on the same floor as the residence, and a pet-friendly atmosphere for owners with pets up to 25 pounds. Whether you're seeking a beachside escape, a 1031 exchange opportunity, or a high-performing vacation rental investment, this penthouse residence delivers the best of both worlds in one of Tampa Bay's premier coastal destinations.

Location

Details

Type:
Residential
Parking:
Covered
Year Built:
2006
Lot:
No Data
Heating:
Central
Price/sqft:
$550
Cooling:
Central Air
HOA:
$630

Valuation

Our model vs. what's actually selling nearby.
Estimate
$242,000
$176K – $697K
Confidence Low
List vs. estimate
$398K above estimate
List $640,000 · +164.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$550
+74.4% vs. city median $315
Based on
22 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,314
2025
HOA
$630/mo
Community Pool, Pest Control, Pool Maintenance
View
Water
Furnished
Furnished
Pets
Allowed
All facts and features
  • Flooring

    • Luxury Vinyl

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Open Floorplan

    • Stone Counters

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Covered

    Property

    • Levels: One

    • Exterior Features: Lighting / Sidewalk / Sliding Doors

    Other Property Information

    • Parcel Number: 153115541700006030

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condo - Hotel

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • HOA: $630

    • HOA Frequency: Monthly

    • Annual tax amount: $7,314

  • Source details

    • MLS ID: TB8519619

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Stilt/On Piling

    • Laundry Features: Inside / Laundry Closet

    • Direction Faces: West

    • Living Area: 1163

    • Water Source: Public

    • Subdivision Name: MADEIRA BAY RESORT II CONDO

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: MICHAEL SAUNDERS & COMPANY