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Madeira Beach,FL 33708
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,622 sqft
Price per Sqft $268
Subdivision Mitchells Beach Rev
MLS Listing ID TB8348487
Bedrooms 4
HOA Y/N No
Originating Board Stellar MLS
Year Built 1959
Annual Tax Amount $4,048
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Triplex
Property Description
Discover potential in this triplex nestled in Madeira Beach, Florida- oh so close to the beach and just 3 blocks to Johns Pass Village and Boardwalk. Despite recent flooding, this property offers a unique investment opportunity in a sought-after location. Ideal for savvy investors looking to renovate and capitalize on its prime coastal setting. Schedule your viewing today! Solid concrete construction provides for a firm foundation to renovate this stalwart property. Rental potential is amazing as there are few affordable rental properties on the beaches. A 3-month minimum rental period will still allow for seasonal rentals or capitalize on the annual rental potential. Two units are 1 bedroom & 1 bath, while the back unit is a 2 bedroom, 1 bath. Paved parking spaces for each unit, makes vehicle access easy. Just a block from the beach and very nearby John's Pass Village where you'll find so much to do: shopping, dining, tiki bars, boat rentals, fishing charters and more. After the storms the owners immediately had the interiors remediated and treated for moisture. The entire sewer system was recently jetted and re-lined for a worry free sewer system. Based on information received the building is able to be repaired in its current configuration (ie. doesn't need to be elevated). Roof is less than 10 years old. It is ready for your finishing touches.
Location
State FL
County Pinellas
Community Mitchells Beach Rev
Direction E
Interior
Interior Features Other
Heating Electric,Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Fireplace false
Laundry Common Area,Laundry Room
Exterior
Exterior Feature Fence
Utilities Available Electricity Connected,Public,Sewer Connected,Water Connected
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Stucco
New Construction false
Schools
Elementary Schools Orange Grove Elementary-Pn
Middle Schools Seminole Middle-Pn
High Schools Seminole High-Pn
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None