701 S Madison Avenue Unit 505, Clearwater, FL 33756

$134,000
1
BD
1
BA
633
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$134,000
List Price
$149,900
Status
Sold
Days on Market
64
Closing Date
Sep 05, 2025
MLS#
TB8395553
Property Style
Condo
Year Built
1985
Bedrooms
1
Bathrooms
1
Living Area
633
Lot Size
231,833
Acres
5.31
Total Acreage
5 to less than 10
Building Name
Lakeside Crossing Condo
Legal Subdivision Name
Lakeside Crossing Condo
MLS Area Major
Clearwater/Belleair

Property Description

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* PASSED MILESTONE*

Additional Information

Taxes
$1498
Minimum Lease
1 Month
Hoa Fee
$300
HOA Payment Schedule
Monthly
Maintenance Includes
Common Area Taxes, Pool, Maintenance Structure, Recreational Facilities, Sewer, Trash, Water
Community Features
Association Recreation - Owned, Deed Restrictions, Fitness Center, Gated Community - No Guard, Park, Playground, Pool, Sidewalks, Wheelchair Access, Street Lights, Maintenance Free
Property Description
One Story
Interior Layout
Eat-in Kitchen, High Ceilings, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets
Interior Features
Eat-in Kitchen, High Ceilings, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets
Floor
Luxury Vinyl, Wood
Appliances
Cooktop, Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer
Utilities
BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Public, Sewer Connected, Water Available, Water Connected
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block, Concrete
Exterior Features
Sidewalk
Roof
Built-Up
Foundation
Slab
Pool
Community
Pool Type
Gunite
Garage Features
Common, Guest, Off Street, Open, Tandem
Water View
Pond
Water Frontage
Pond
Pets
Allowed
Floor Number
5
Flood Zone Code
x
Parcel ID
15-29-15-48662-000-5050
Legal Description
LAKESIDE CROSSING CONDO UNIT 505

Listing courtesy of EXP REALTY LLC. 888-883-8509

Selling Office: LOKATION.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on