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701 S Madison Avenue Unit 505

Clearwater, FL 33756

1 bed
1 bath
633 sqft
~5 acre lot
$236 per sqft
1985 build
– on site

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*

Listing courtesy of STELLAR_MLS / EXP REALTY LLC

Last checked: Checking… • Last updated Jun 12, 2025 •

MLS# TB8395553 —

The Building

Year Built:

1985
New Construction:

false
Construction Materials:

Block
Building Elevator:

true
Levels:

One
Stories Total:

5
Roof:

Built-Up
Foundation Details:

Slab
Window Features:

Drapes
Floor Number:

5
Unit Number:

505
Building Area Total:

633
Building Area Units:

Square Feet
Building Area Source:

Estimated

Interior

Interior Features:

Eating Space In Kitchen
Flooring:

Luxury Vinyl
Fireplace:

false

Room Dimensions

Living Area:

633
Living Area Units:

Square Feet
Living Area Source:

Estimated

Location

Directions:

Gulf to bay turn right on Druid then another right on Madison.
Latitude:

27.958306
Longitude:

-82.788937
Coordinates:

-82.788937, 27.958306

The Property

Parcel Number:

152915486620005050
Property Type:

Residential
Property Subtype:

Condominium
Property Condition:

Completed
Lot Size Acres:

5.31
Lot Size Area:

5.3222
Lot Size SqFt:

231833
Lot Size Units:

Acres
Total Acres:

5 to less than 10
Direction Faces:

West
View:

City
View:

true
Exterior Features:

Sidewalk
Water Source:

Public
Road Surface Type:

Paved
Flood Zone Code:

x
Additional Parcels:

false
Homestead:

false
Lease Restrictions:

true
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Legal Description:

LAKESIDE CROSSING CONDO UNIT 505
Tax Book Number:

145-15
Tax Annual Amount:

$1,498.18

Beds

Bedrooms Total:

1

Baths

Total Baths:

1
Total Baths:

1
Full Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/TB8395553
Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

BB/HS Internet Available
Sewer:

Public Sewer

Appliances

Appliances:

Cooktop
Laundry Features:

Inside

The Community

Subdivision Name:

LAKESIDE CROSSING CONDO
Senior Community:

false
Community Features:

Association Recreation - Owned
Waterview:

Pond
Waterview:

true
Water Access:

false
Waterfront:

true
Waterfront Features:

Pond
Spa:

false
Pool Private:

false
Pool Features:

Gunite
Pets Allowed:

Cats OK
Association Amenities:

Elevator(s)
Association:

true
Association Fee:

300
Association Fee Frequency:

Monthly
Association Fee Includes:

Common Area Taxes
Association Fee Requirement:

Required
Monthly HOA Amount:

300
Ownership:

Fee Simple
Association Approval Required:

false

Parking

Garage:

false
Carport:

false
Open Parking:

true
Parking Features:

Common

Monthly cost estimate

Asking price

$149,900

Expense	Monthly cost
Mortgage	$802
Taxes	$124
Insurance	$41
HOA fees	$300
Utilities	$116 See report
Total	$1,383/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
6/11/25 Jun 11, 2025	Listed / Active	STELLAR_MLS	$149,900	225.9% (25.1% / YR)
6/15/16 Jun 15, 2016		STELLAR_MLS	$46,000

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This condo located in Clearwater, FL 33756 is currently for sale for $149,900. 701 S Madison Avenue Unit 505 is a 633 square foot condo with 1 bed and 1 bath that has been on Estately for 21 days. This condo is in the attendance area of Belleair Elementary School, Clearwater High School, and Oak Grove Middle School.

Listing Courtesy of: STELLAR_MLS and EXP REALTY LLC.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.