John's Pass Short Term Rental Condo

Surf Song 229 on Madeira Beach

Short Term Rental Across from John’s Pass Village

I should totally do a real estate listing related post every once in a while, right? How about a beach front condominium unit? That’s on-brand for me. šŸ˜Ž

Here’s a listing from fellow Future Home Realty Associate Cydnee Haydon:

This is a fully-furnished 1 Bed, 1 Bath unit at just under 600 SF (yeah, tiny!).

But it’s a great income opportunity via Short Term Rentals (STRs) with a 5-Day minimum rental.

The Condo Assessments are $596 / month, and it’s directly across from John’s Pass Village!

“This fully furnished beachfront Madeira Beach condominium unit is located directly across the street from World Famous John’s Pass Village & Boardwalk with fine restaurants, shops, entertainment, water sports, and fishing.

This 1 bedroom and 1 bath condo offers an open floor plan and great living space with a kitchen, dining/living combo, and master suite.

Community features a heated pool, laundry facilities, WiFi, common BBQ area, shuffleboard, and assigned parking.

This investment generates great short term rental income with on-site management or can be used full-time or part-time.

Nearby attractions include wave-runner rentals, deep-sea fishing, parasailing, boat rentals/sailing, world-class museums.

Five-day minimum rentals. Turnkey furnished with strong rental history.”

YouTube video:

360 Tour Available here (fair-warning – it is painfully slow to load):

https://mls.immoviewer.com/portal/tour/1738112?accessKey=5e01


Zach’s Notes:

While not categorized as a “Condo-Tel”, it’s going to be very difficult to get traditional (owner-occupied) financing for this condominium unit. There are a large number of absentee owners, and an on-site management office.

That’s okay, there are other options, including investment financing available.

Work your numbers well.

Investment financing usually carries a higher interest rate, and bear in mind those Condo Assessments at $596 a month.

However, you should have no problem renting it at a respectable profit.

Plus, you’ll have a lovely beach front retreat when it’s not rented, right?


Do you love this condo? Ready to get started? Give me a call!

Zach@ZachKidd.com

The Veteran RealtorĀ® - The RealtorĀ® that makes money FOR you!

Serving the Florida Suncoast, including Dunedin, Gulfport, South Pasadena, St. Petersburg, St. Pete Beach, Treasure Island, and nearby areas.

Get started now! Simply call me at (813) 489-9789

   
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