$640,000
13235 Gulf Boulevard
St Petersburg, FL 33708
Listing updated: June 22, 2026 at 5:37 PM ET
Property type
Year built
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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 can relax at the waterfront swimming pool overlooking the Intracoastal Waterway, further enhancing the resort-style experience that makes this destination so desirable. And extra bonus of 24-hour gym right on the same floor as your unit! 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.
Local Insight
This is a hotel condo in an AE flood zone right on the gulf, so you're paying for location and views but need to factor in mandatory flood insurance costs that could easily run $1,500–$3,000+ annually on top of that $630 monthly HOA. At $550/sqft you're not getting a deal—comparable non-hotel condos in the area typically run $400–$475/sqft—so you're really buying the short-term rental income potential and turnkey furnished setup, which only makes sense if you're committed to actively managing it as an investment property. The 360° tour and beachfront location are appealing, but verify the condo's rental history and occupancy rates before committing, since these hotel units can struggle when ownership rules tighten or market demand softens.
AI-generated insight based on listing data and neighborhood context. Verify independently.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history5 days on market
- Status: ActiveJun 17, 2026
- Listed$640,000Jun 17, 2026
- Price increased$640,000
Facts & features
- Property type
- Residential
- Sub type
- Condo - Hotel
- Status
- Active
- Days on market
- 5
- Subdivision
- Madeira Bay Resort Ii Condo
- County
- Pinellas
- Year built
- 2006
- Living area
- 1,163 sq ft
- Price/sq ft
- $550
- Lot size
- 0 sq ft
- Lot category
- Non-Applicable
- Flood zone
- AE
- Annual taxes
- $7,314 (2025)
- Parcel #
- 15-31-15-54170-000-6030
- MLS #
- TB8519619
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Interior Details
- Bedrooms
- 2
- Full bathrooms
- 2
- Flooring
- Luxury Vinyl, Tile
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
- Interior features
- Ceiling Fans(s), Open Floorplan, Stone Counters, Window Treatments
- Laundry
- Inside, Laundry Closet
- Stories / Levels
- One
- Direction faces
- West
Heating & Cooling
- Heating
- Central
- Cooling
- Central Air
Parking
- Parking features
- Covered
- Carport
- Yes
HOA & Financial
- HOA fee
- $630 / Monthly
- Monthly HOA
- $630/mo
- Total monthly fees
- $630/mo
- Total annual fees
- $7,560
- HOA name
- Madeira Bay Resort Association
- CDD
- No
- Min lease term
- 1-7 Days
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- No
Exterior & Construction
- Exterior features
- Lighting, Sidewalk, Sliding Doors
- Construction materials
- Block, Stucco
- Roof
- Other
- Foundation
- Stilt/On Piling
- Road surface
- Asphalt
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Community
- Pets allowed
- Dogs OK
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Living Room | First | 13x18 |
| Primary Bedroom | First | 12x12 |
| Bedroom 2 | First | 8x11 |
| Den | First | 8x11 |
| Kitchen | First | 13x14 |
Listing Details
- Listing date
- 2026-06-17
- On market date
- 2026-06-17
- Original list price
- $640,000
- Occupant type
- Tenant
- MLS area
- 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
- Listing AOR
- Suncoast Tampa
- Status changed
- 2026-06-17
- Tax legal description
- MADEIRA BAY RESORT II CONDO UNIT 603
Flood risk
FEMA Special Flood Hazard Area (1% annual-chance / “100-year” floodplain). Flood insurance is generally required by mortgage lenders.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
Directions
Take Gulf Blvd 2 blocks north of Johns Pass and complex is on the east side. Must have a parking pass in your car, so park anywhere and take north elevator to the 2nd floor lobby to obtain parking pass.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information 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.
Based on information submitted to the MLS GRID as of June 22, 2026 at 5:37 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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