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Under contract-accepting backup offers. Own a fully licensed, income-generating property in the heart of Madeira Beach just a 5-minute walk to the beach and moments from John’s Pass Village & Boardwalk. This flexible-use property includes two updated cottages: a 1-bedroom, 1-bath and a 2-bedroom, 1-bath ideal for short-term, seasonal, or long-term rentals with no minimum rental restrictions. Mold remediation and electrical upgrades are already complete, so you can easily add finishing touches and launch. The property boasts a proven rental history with approx. $80,000 in annual Gross Operating Income and an average Net Operating Income of $67,000. Airbnb and Vrbo listings with 5-star reviews and guest history will transfer to the new owner, and onsite parking plus a shared guest list make this a plug-and-play opportunity in one of Florida’s most sought-after beach markets.
a week ago | Listing updated with changes from the MLS® | |
a week ago | Status changed to Pending | |
2 months ago | Price changed to $499,900 | |
3 months ago | Listing first seen on site |
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