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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!
yesterday | Listing updated with changes from the MLS® | |
3 months ago | Price changed to $1,695,000 | |
3 months ago | Status changed to Active | |
3 years ago | Listing first seen on site |
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