Address
13119 4TH STREET E, MADEIRA BEACH, FL
Price
$ 759,000
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

Property vs Income Average in 33708

Price
AVG $1.03M
$760K
Taxes
AVG $5,881
$4,898
Visits
AVG 220
34
Data Provided by Inside Real Estate®
Year Built
AVG 1959
1945