Listing Details for MLS #TB8370251
337 Rex Place Unit E, Madeira Beach, Fl

Residential Property - Condominium in Madeira Beach

Listing Price: $1,690,000 (Mortgage Calculator →)Days on Market: 1

Description of Property

Waterfront Island Gem with Premium Income Potential. 7 Day Minimum Rentals Allowed, Intracoastal Water views & Access, Deep Saltwater Canal, Direct Gulf Access via Boat, Private on-site Boat Dock for Ultimate Convenience, Deeded Boat Slip. Your island retreat is nestled in the heart of Madeira Beach with just a skip and a splash away from this exquisite townhome/condo, you'll find pristine beaches, crystal-clear waters, tantalizing seafood, boutiques shopping, water sports, foodie stops, vibrant bars, community events, and more. John's Pass Village and Boardwalk, only 1.5 miles away, features shops, restaurants, boat rentals, and dolphin tours. This spacious townhome/condo with spectacular water views from every room (including private balcony), features a fully updated new kitchen (2018), new bathrooms (2021), interior paint and texture, new flooring throughout, plenty of custom-built storage solutions, new electric water heater (12/2023), new electric panel (6/2024) and more. Imagine mornings sipping coffee on your balcony, afternoons lounging at the pool and evenings spent watching breathtaking sunsets. Set sail into the sunset and dock at your private boast slip , steps away from your front door. Plus enjoy live events, directly across the R.O.C. Park stage from your private balcony. With the best view in the house, you'll have unparalleled vantage point for concerts, festivals, fireworks, fairs, shows, carnivals, and more. Step outside and immerse yourself in the festivities, all without ever leaving home. This island town has tons of community events, tennis and basketball courts sandwiched between three baseball fields and a yoga studio at the REC center directly across the street. Your fur babies can enjoy the dog park and a splash pad for all. There's something for everyone! (Serious inquiries only.) Not ready to be a full-time Floridian? Madeira Beach Yacht Club allows a minimum of 7-day rentals if you wish to rent your space and earn extra income while your' not here. Prior to any further communication, property showings ,or consideration of offers, a Proof of Funds letter must be submitted to the seller.The average asking price for a 2 bedroom/1 bath condominium in this Zip code is $420,214. This condominium is listed at about 402% of the average asking price. This is the only 2 bedroom/1 bath condominium between $1,400,000 and $2,000,000 currently listed for sale in this Zip code.