$640,000

About This Property

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.