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.
For sale
$640,000
13235 Gulf Blvd #603, Madeira Beach, FL 33708
2beds
1,163sqft
Hotel/Motel, Condominium
Built in 2006
-- sqft lot
$607,900 Zestimate®
$550/sqft
$630/mo HOA
What's special
Fully furnishedPrivate ensuite bathCovered under-building parkingVersatile denSpacious primary suite
- 18 days |
- 318 |
- 15 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Rodger Kooser 954-599-3363,
MICHAEL SAUNDERS & COMPANY 727-472-1144
Source: Stellar MLS,MLS#: TB8519619
Originating MLS: Suncoast Tampa

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: En Suite Bathroom, Built-in Closet
- Level: First
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 2
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Area: 88 Square Feet
- Dimensions: 8x11
Den
- Features: Ceiling Fan(s)
- Level: First
- Area: 88 Square Feet
- Dimensions: 8x11
Kitchen
- Features: Stone Counters
- Level: First
- Area: 182 Square Feet
- Dimensions: 13x14
Living room
- Level: First
- Area: 234 Square Feet
- Dimensions: 13x18
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Inside, Laundry Closet
Features
- Ceiling Fan(s), Open Floorplan, Stone Counters
- Flooring: Luxury Vinyl, Tile
- Doors: Sliding Doors
- Windows: Window Treatments
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 1,163
- Total interior livable area: 1,163 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Covered
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting, Sidewalk
- Has view: Yes
- View description: Water
- Water view: Water
Details
- Parcel number: 153115541700006030
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Hotel/Motel, Condominium
Materials
- Block, Stucco
- Foundation: Raised
- Roof: Other
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Marina, Water Access, Buyer Approval Required, Pool
- Pet fee: $0 monthly
- Subdivision: MADEIRA BAY RESORT II CONDO
HOA
- Has HOA: Yes
- Amenities included: Elevator(s)
- Services included: Community Pool, Pest Control, Pool Maintenance, Sewer, Trash, Water
- HOA fee: $630 monthly
- HOA name: Madeira Bay Resort Association/ TRS Inc.
- HOA phone: 727-393-2534
Location
- Region: Madeira Beach
Financial & listing details
- Price per square foot: $550/sqft
- Tax assessed value: $578,301
- Annual tax amount: $7,314
- Date on market: 6/17/2026
- Cumulative days on market: 19 days
- Ownership: Condominium
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
$607,900
$578,000 - $638,000
$3,659/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $640,000+13.3%$550/sqft |
Source: | ||
| 7/12/2024 | Listing removed | $565,000-3.6%$486/sqft |
Source: | ||
| 6/4/2021 | Sold | $586,000+3.7%$504/sqft |
Source: Public Record Report a problem | ||
| 5/4/2021 | Pending sale | $565,000$486/sqft |
Source: | ||
| 4/29/2021 | Listed for sale | $565,000+106.2%$486/sqft |
Source: | ||
| 8/18/2016 | Sold | $274,000-35.3%$236/sqft |
Source: Stellar MLS #U7785077 Report a problem | ||
| 2/7/2007 | Sold | $423,300$364/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,145 +1.9% | $578,301 +8.3% |
| 2023 | $8,973 +13.7% | $533,983 +10% |
| 2022 | $7,892 +61.8% | $485,439 +70.3% |
| 2021 | $4,878 -2.2% | $285,000 -0.7% |
| 2020 | $4,989 +0.4% | $287,000 +1.4% |
| 2019 | $4,967 | $283,000 +3.3% |
| 2018 | $4,967 +5.6% | $274,000 -1.4% |
| 2017 | $4,702 +1.3% | $278,000 +6.1% |
| 2016 | $4,644 -1% | $262,000 -8.1% |
| 2015 | $4,693 +13.2% | $285,000 +15.6% |
| 2014 | $4,144 +16.6% | $246,500 +25.7% |
| 2013 | $3,554 -11.4% | $196,040 -11.5% |
| 2012 | $4,010 | $221,392 -10.4% |
| 2011 | -- | $247,080 +5.3% |
| 2010 | -- | $234,581 -14.6% |
| 2009 | -- | $274,665 -14.6% |
| 2008 | $5,603 | $321,500 -6.2% |
| 2007 | -- | $342,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 33708
Nearby schools
GreatSchools rating
- 10/10Orange Grove Elementary SchoolGrades: PK-5Distance: 2.9 mi
- 7/10Seminole Middle SchoolGrades: 6-8Distance: 4.8 mi
- 4/10Seminole High SchoolGrades: 9-12Distance: 4.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Pinellas County
- Madeira Beach
- 33708
- 13235 Gulf Blvd Unit 603








