Why Waiting to Buy a Home Until Next Year Could Cost YouMany people in the Tampa Bay area are sitting on the fence trying to decide if now’s the best time to buy a home. These include renters
Learn More About The Surfside Towers Condominium In Madeira Beach FL
Dated: April 13 2021
Learn More About The Surfside Towers Condominium in Madeira Beach
Looking for the perfect condo on the beach to call home? Or a beachfront investment property you can generate income from? Then the Surfside Condos on Madeira Beach might just be the place you’ve been looking for…
This popular beachfront condo community features close to 300 feet of stunning, white sandy beach frontage and panoramic views of the Gulf of Mexico. The property is loved for its close proximity (think walking distance) to shops, restaurants and more along Gulf Blvd.
Amenities in this beautiful building include a beachside heated pool & spa, game room, party room for private gatherings, and a fitness center. When it comes to parking, each unit comes with 1 reserved, covered parking space…but not to worry, there’s plenty of visitor parking as well.
This community is also pet-friendly! Residents are allowed up to 2 pets when they live at the property. However, it’s important to note that tenants who are renting units here are not allowed to have pets per the condo rules and regulations we checked at the time of publication. The best thing to do is to reach out to your Realtor and the condo association in advance of purchasing a unit here to get the full details on any breed or size restrictions, as the rules can change over time.
Why We Think This Is a Great Investment
When it comes to purchasing real estate, we always want to help our clients find properties that will, at the very least, appreciate in value over time for them. This property is located directly on Madeira Beach, which automatically makes it an investment that involves a popular (and limited) resource in Florida.
The other thing we like about this community is that it currently allows minimum 30-day rentals. This is perfect for buyers that would like to offset some of their carrying costs by leasing out their unit when they aren’t using it. As we know, snowbirds will pay top dollar for condo rentals that are in good condition along the beaches from the month of October through April in Pinellas County.
Currently, the median sale price for a condo in the Surfside Towers community is $544,750. That's a whopping +12% higher than the median sale price sellers were collecting in the previous 12 month timeframe. The median property is selling for approximately 97.5% of the original listing price and in under 1 month at just 20 days on market.
Lastly, this property offers residents laundry facilities in their units, additional storage closets, and a location that’s just minutes from John’s Pass where tourists and residents can enjoy boating, dining, shopping and more along the waterfront. While these items may seem trivial, its features like this that get landlords top dollar for their rental condos and higher sale prices than other condos without these features. With all this considered, we believe condos in this community are a great buy when it comes to long-term real estate investing.
**For more information about The Surfside Condos of Madeira Beach, or to buy or sell a condo in the Surfside Community, call us at (727) 400-3315 or email us at Properties@SandysOffice.com for more details!
To search currently active condo listings in Madeira Beach, CLICK HERE
Andrea is the Managing Partner of The Sandy Hartmann Group. Andrea was born and raised in the Tampa Bay area and is a licensed Realtor with over 15 years of Marketing and Finance experience, holding ....
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