117 140th Avenue E, MADEIRA BEACH, FL 33708
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  • MLS#: TB8331177 ( Residential Income )
  • Street Address: 117 140th Avenue E
  • Viewed: 2
  • Price: $950,000
  • Price sqft: $296
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Canal - Saltwater,Intracoastal Waterway
  • Year Built: 1971
  • Bldg sqft: 3208
  • Bedrooms: 6
  • Total Baths: 4
  • Days On Market: 5
  • Additional Information
  • Geolocation: 27.7947 / -82.7921
  • County: PINELLAS
  • City: MADEIRA BEACH
  • Zipcode: 33708
  • Subdivision: Gulf Shores 3rd Add Rep
  • Elementary School: Orange Grove Elementary PN
  • Middle School: Seminole Middle PN
  • High School: Seminole High PN
  • Provided by: ENGEL & VOLKERS MADEIRA BEACH
  • Contact: Michael Wyckoff
  • 727-394-7365
  • mfrmls
  • DMCA Notice
  • Description
    Great Investment Opportunity,. less than 1 block from the beach!!! Welcome to a rare income producing property located on the intracoastal waterway in beautiful Madeira Beach. This quadplex is a great opportunity for an investor or for someone looking to live on the water and make instant income. Occupy the unit of your choice and rent the others, or maximize your income by renting all four. Easy to rent long term or seasonally, with a 3 month minimum rental. All unit is completely remodeled, including new stackable washer/dryer combos, elevated A/C units, water heaters, updated kitchens and bathrooms, new ceiling fans, and flooring. The two lower units did suffer flood damage and will need to be renovated. All 4 units are separately metered and tenants pay for electricity. The fishing pier was recently rebuilt and the ability to add two boat slips is there, for additional potential income. Step out of the newer hurricane impact sliding doors to view the beautiful intracoastal waterway or travel just 100 yards to sugar sand of beautiful Madeira Beach. Conveniently located near restaurants, John's Pass Village and Boardwalk, Downtown Madeira Beach, Tom Stuart Causeway, and everything else the Gulf Beaches have to offer. Just 40 minutes' drive to Tampa International Airport and an easy drive to the Orlando theme parks. These units are a rare affordable rental on the beaches, making it easy to find tenants. Please do not walk the property or disturb the tenants without a confirmed appointment.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony
  • Living Area: 2806.00
  • Roof: Built-Up
School Information
  • High School: Seminole High-PN
  • Middle School: Seminole Middle-PN
  • School Elementary: Orange Grove Elementary-PN
Garage and Parking
  • Garage Spaces: 0.00
  • Parking Features: Driveway, Parking Pad
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Rental Information
  • Tenant Pays: Electricity
Other Features
  • Country: US
  • Interior Features: Ceiling Fans(s)
  • Legal Description: GULF SHORES 3RD ADD REPLAT BLK N, LOT 3
  • Levels: Two
  • Area Major: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
  • Parcel Number: 10-31-15-34362-014-0030
  • Possession: Close of Escrow
  • View: Water
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