
Property Attributes
- MLS#U8218713
- TypeIncome
- CountyPINELLAS
- CityMADEIRA BEACH
- AreaSt Pete-Madeira Bch-N Redington Bch-Shores
- NeighborhoodPages Rep Of Mitchells Beach
- Zip33708
- StyleQuadruplex
- Year Built1945
- Taxes$ 4898
- Price$ 759,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1273
- Lot Size3,920 SqFt
Data Source:
Stellar MLS
Property Description
Charming 4-Plex in Prime Madeira Beach Location Welcome to this fantastic investment opportunity in the heart of Madeira Beach! This well-maintained 4-plex offers a blend of two cozy efficiencies and two spacious one-bedroom, one-bathroom units. Boasting an unbeatable location, this property is less than a mile from the vibrant John's Pass and a mere half-mile from convenient public beach access. Key Features: Unit Composition: This 4-plex comprises two efficiently designed studios and two comfortable one-bedroom apartments. Prime Location: Nestled in the heart of Madeira Beach, residents enjoy easy access to the bustling John's Pass, renowned for its shopping, dining, and entertainment options. With public beach access just a short stroll away, sand and surf enthusiasts will delight in the convenience. Occupancy Status: Currently, all units are 100% occupied, ensuring steady rental income. Leases are set to conclude in the spring of 2024, providing flexibility for potential adjustments. Value Enhancement Opportunity: Rents are currently positioned at a competitive but conservative level, offering room for potential improvement. A savvy investor can optimize returns by adjusting rental rates in line with market trends. Additional Amenities: Dedicated parking spaces for each unit Coin operated laundry Landscaped grounds for a serene atmosphere Investment Potential: With its unbeatable location, solid occupancy rate, and the potential for increased rental income, this 4-plex presents an exceptional opportunity for both seasoned investors and those looking to enter the rental property market. Don't miss out on this chance to own a piece of Madeira Beach's vibrant real estate landscape. Schedule a viewing today to explore the full potential of this investment property!
Elementary School | Middle School | High School |
---|---|---|
Orange Grove Elementary-PN | Seminole Middle-PN | Seminole High-PN |
Price History | |
---|---|
10/25/2023 | Listed $779,000 |
11/30/2023 | 3% - $759,000 |
General Features
Appliances | Dryer, Range, Refrigerator, Washer |
---|---|
Association Y/N | No |
Carport Y/N | No |
City | MADEIRA BEACH |
Construction Materials | Wood Frame |
Cooling | Wall/Window Unit(s) |
County | Pinellas |
Days on Market | 36 |
Directions | Gulf Blvd to 133rd E to stop sign, stay right to 4th Street E. |
Elementary School | Orange Grove Elementary-PN |
Exterior Features | Lighting |
Garage Y/N | No |
Heating | Wall Units / Window Unit |
High School | Seminole High-PN |
Interior Features | Open Floorplan |
Lot Size Square Feet | 4060 |
MLS Area | 33708 - St Pete/Madeira Bch/N Redington Bch/Shores |
Middle/Junior High School | Seminole Middle-PN |
New Construction | No |
Other Structures | Shed(s) |
Percent Ownership | Fee Simple |
Property SubType | Quadruplex |
Property Type | Residential Income |
Public Remarks | Charming 4-Plex in Prime Madeira Beach Location Welcome to this fantastic investment opportunity in the heart of Madeira Beach! This well-maintained 4-plex offers a blend of two cozy efficiencies |
Roof | Shingle |
Senior Community Y/N | No |
Sewer | Public Sewer |
Standard Status | Active |
Status | Active |
Street Name | 4TH |
Subdivision Name | PAGES REP OF MITCHELLS BEACH |
Tax Annual Amount | 4898.31 |
Tax Lot | 3 |
Tax Year | 2022 |
Total Units | 4 |
Utilities | Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/U8218713 |
Waterfront Y/N | No |
Year Built | 1945 |
ok to Lease | 12 Months |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Fireplace Y/N | No |
Heating Y/N | Yes |
Laundry Features | Laundry Closet, Outside |
Living Area Units | Square Feet |
Livingareasource | Public Records |
Street Suffix | STREET |
Exterior Features
Foundation Details | Slab |
---|---|
Lot Dimensions | 40x104 |
Lot Features | Flood Insurance Required, FloodZone, Near Public Transit |
Lot Size Acres | 0.09 |
Lot Size Units | Square Feet |
Number of Buildings | 1 |
Open Parking Y/N | No |
Road Surface Type | Paved, Asphalt |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool