Address
114 143rd AVENUE E, MADEIRA BEACH, FL
Price
$ 2,450,000
Property Attributes
  • MLS#U8221404
  • TypeIncome
  • CountyPINELLAS
  • CityMADEIRA BEACH
  • AreaSt Pete-Madeira Bch-N Redington Bch-Shores
  • NeighborhoodMadeira Manor
  • Zip33708
  • StyleQuadruplex
  • Year Built2010
  • Taxes$ 23647
  • Price$ 2,450,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4320
  • Lot Size0.14 Acres
Data Source:
Stellar MLS
Property Description

Exceptional investment opportunity! This four-unit townhouse-style property featuring two fully furnished units, just steps from the beach, offers a lucrative short-term rental potential. Enjoy breathtaking water views from each unit's rebuilt balcony. Recent upgrades include garage floor renovations, a newly redone backyard with fresh shell, and a freshly painted interior on side 114. Conveniently walkable to restaurants and shops, this property combines coastal charm with practicality. Three units are currently leased annually, while the fourth offers flexibility with a month-to-month arrangement. Don't miss out on this prime location for a thriving rental portfolio!

Price History
11/17/2023 Listed $2,500,000
6/13/2024 2% - $2,450,000

General Features

Interior Features Ceiling Fan(s),Living Room/Dining Room Combo,Open Floorplan,Solid Wood Cabinets,Stone Counters,Window Treatments
Sewer Public Sewer
Heating Central,Electric
Cooling Central Air
Utilities Cable Connected,Electricity Connected,Public,Sewer Connected
Roof Shingle
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
Exterior Features Balcony,Fenced
Garage Spaces 4
Patio/Porch Features Patio
Security Features Secured Garage/Parking
Construction Materials Stucco,Wood Frame
Pets Allowed Breed Restrictions,Size Limit,Yes
Year Built 2010
Tenant Pays Electricity,Water
View City,Water
Property SubType Quadruplex
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 150600
Community Features Fishing,Public Boat Ramp,Dog Park,Golf Carts OK,Park,Playground
County Pinellas
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Attached Garage Yes
Subdivision Name MADEIRA MANOR
Garage Y/N Yes
Status Active
Directions Tom Stuart Causeway (150th) to Gulf Blvd. Left onto Gulf Blvd. Left onto 143rd Ave. Building on left.
ModificationTimestamp 2024-06-13T04:58:37.770Z
City MADEIRA BEACH
Buyer Agent Compensation 2.5%
View Y/N Yes
Senior Community Y/N No
NumberOfUnitsTotal 4
MLS Area 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Lot Size Units Square Feet
Lot Size Square Feet 5998
Waterfront Y/N No
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 23647
Property Condition Completed
Additional Parcels Y/N No
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8221404
Days on Market 209
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Tax Lot 4
Legal Description MADEIRA MANOR LOT 4 & NE'LY 6.75FT OF LOT 3
Water View Gulf/Ocean - Partial
Water Access Type Beach
Pet Size Limit Medium (36-60 Lbs.)
Minimum Lease No Minimum
Water Access Y/N Yes
Water View Y/N Yes
Flood Zone Code AE

Interior Features

Flooring Tile
Furnished Y/N Partially
Fireplace Features Living Room
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Double Pane Windows
Fireplace Y/N Yes
Laundry Features Inside,Laundry Closet
Total Bedrooms 8
LivingAreaSource Public Records
Total Baths 4

Exterior Features

Parking Features Oversized
Lot Features Flood Insurance Required,FloodZone
Water Source Public
Lot Size Area 5998
Foundation Details Slab,Stilt/On Piling
Number of Buildings 1
Building Area Total 6612
Lot Dimensions 69 x 87
Lot Size Acres 0.14
Road Surface Type Asphalt
Covered Spaces 4
Road Responsibility Public Maintained Road

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 $1.08M
$2.45M
Taxes
AVG $8,585
$23,647
Visits
AVG 595
1326
Data Provided by Inside Real Estate®
Year Built
AVG 1955
2010