15405 Gulf Boulevard Unit B1, Madeira Beach, FL 33708

$1,695,000
5
BD
4
BA
2,706
SqFt

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Sold Price
$1,695,000
List Price
$1,695,000
Status
Sold
Days on Market
1257
Closing Date
Aug 18, 2025
MLS#
U8148916
Property Style
Townhouse
New Construction
Yes
Year Built
2025
Bedrooms
5
Bathrooms
4
Living Area
2,706
Lot Size
5,134
Acres
0.12
Total Acreage
0 to less than 1/4
Building Name
B
Monthly Condo Fee
1395
Legal Subdivision Name
Lone Palm Beach
MLS Area Major
St Pete/Madeira Bch/N Redington Bch/Shores

Property Description

Capture the final opportunity to own at Azul Townhomes condominium in Madeira Beach. This stunning 5-bedroom, 4-bath, 2,800 sq. ft. residence is a rare find, legally allowing highly profitable short-term rentals (daily, nightly, or weekly) or serving as a perfect primary or vacation home. Located just steps from beach access, it features a rooftop terrace designed for entertaining, with space for a hot tub and wet bar, along with a private 2+ car garage and access to a community pool. Investment potential is unmatched, with third-party projections estimating nearly $200K in annual rental income. To make this an even better opportunity, a rate buy-down and furniture credit are available for a limited time. Cost segregation benefits allow for significant tax advantages, and DSCR financing makes approval quick and easy by considering projected cash flow. This property is also ideal for a 1031 exchange. Don’t wait—this is the last unit available at Azul Townhomes, and it won’t last long!

Additional Information

Taxes
$11169
Minimum Lease
No Minimum
HOA Payment Schedule
Monthly
Maintenance Includes
Pool, Maintenance Grounds, Sewer, Trash, Water
Condo Fees
$1395
Condo Fees Term
Monthly
Community Features
Pool, No Deed Restriction
Property Description
Three+ Story
Interior Layout
Split Bedroom, Walk-In Closet(s)
Interior Features
Split Bedroom, Walk-In Closet(s)
Floor
Ceramic Tile, Tile
Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
Utilities
Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Block, Cement Siding, Concrete, Metal Frame, Stucco
Exterior Features
Balcony, Sliding Doors
Roof
Concrete
Foundation
Slab
Pool
Community
Garage Carport
3 Car Garage
Garage Spaces
3
Garage Features
Garage Door Opener, Tandem, Basement
Pets
Allowed
Flood Zone Code
A
Parcel ID
15405 GULF BLVD # B1
Legal Description
LONE PALM BEACH BLK 5, LOTS 6, 7 & 8 LESS RD R/W ON SW TOGETHER WITH UNPLATTED LAND TO NE DESC BEG MOST N'LY COR OF LOT 6 BLK 5, LONE PALM BEACH TH N40DE 100FT TH S50DE 150FT TH S40DW 100FT TH N50DW 150FT TO POB

Listing courtesy of CENTURY 21 BEGGINS. 800-541-9923

Selling Office: EXP REALTY LLC.

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