Skip To Content

117 140TH Avenue E

Madeira Beach, FL 33708
  • $1,275,000
  • STATUS: Pending
  • ON SITE: 61 days
  • MLS #: U8120397
Pending
$1,275,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,806
    SQFT
  • $454
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971
County:

School Ratings & Info

Description

Great Investment Opportunity!!! Welcome to a rare income producing property located on the intra-coastal waterways of Madeira Beach! This quadplex is turn key for any investor or for someone looking to live on the water and make instant income. Occupy the unit of your choice and let the tenants pay your mortgage. All 4 units are currently rented out with long term tenants but have the potential for 3 month minimum rentals. Each 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. All 4 units are separately metered and tenants pay for electricity. The fishing pier was recently rebuilt and could easily be permitted for two boat slips for additional potential income. Step out of the new hurricane impact sliding doors to view the beautiful intracoastal waterways or walk 322 feet across the street to beautiful Madeira Beach. Conveniently located next to coffee shops, restaurants, John's Pass, Tom Stuart Causeway, and just minutes from the 35 miles of powdery sand beaches. Do Not Disturb Tenants! All units will be available for inspection, once under contract.

Monthly Payment Calculator




© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-06-23T23:39:53.367.
www.searchsarasotahomes.com/homes/116410439
Print Image

117 140TH Avenue E Madeira Beach, FL 33708

  • Price: $1,275,000
  • Status: Pending
  • MLS #: U8120397
0
Beds
0
Baths
0
½ Baths
0.12
Acres
2,806
SQFT
$454
$/SQFT
1971
Built
Neighborhood:
Gulf Shores 3Rd Add Rep
County:
Pinellas
Area:
St Pete/Madeira Beach/N Redington Beach/Shores
Property Description
Great Investment Opportunity!!! Welcome to a rare income producing property located on the intra-coastal waterways of Madeira Beach! This quadplex is turn key for any investor or for someone looking to live on the water and make instant income. Occupy the unit of your choice and let the tenants pay your mortgage. All 4 units are currently rented out with long term tenants but have the potential for 3 month minimum rentals. Each 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. All 4 units are separately metered and tenants pay for electricity. The fishing pier was recently rebuilt and could easily be permitted for two boat slips for additional potential income. Step out of the new hurricane impact sliding doors to view the beautiful intracoastal waterways or walk 322 feet across the street to beautiful Madeira Beach. Conveniently located next to coffee shops, restaurants, John's Pass, Tom Stuart Causeway, and just minutes from the 35 miles of powdery sand beaches. Do Not Disturb Tenants! All units will be available for inspection, once under contract.
Exterior Features

Carport Yn No Construction Materials BlockConcrete Exterior Features BalconyLightingRain GuttersSidewalkSliding DoorsStorage Foundation Details Slab Lot Features Flood Insurance RequiredFloodzoneNear Golf CourseNear MarinaNear Public Transit Parking Features DrivewayParking Pad Patio And Porch Features Rear Porch Pool Private Yn No Roof Built-Up View Water Water Access Intracoastal Waterway Water Access Yn Yes Water Body Name Boca Ciega Bay Water Extras Dock - WoodFishing PierMinimum Wake ZoneSailboat WaterSeawall - Concrete Water Extras Yn Yes Water Frontage Feet Icw 50 Water View Intracoastal Waterway Waterfront Features Intracoastal Waterway Waterfront Feet Total 50 Waterfront Yn Yes

Interior Features

Additional Rooms Family Room Appliances Convection OvenCooktopDisposalDryerElectric Water HeaterExhaust FanFreezerRangeRange HoodRefrigeratorWasher Cooling Central Air Fireplace Yn No Flooring CarpetLaminateTerrazzo Heating Electric Interior Features Eating Space In KitchenKitchen/Family Room ComboLiving Room/Dining Room ComboOpen FloorplanSolid Wood CabinetsThermostatWindow Treatments Laundry Features Inside Levels Two Sewer Public Sewer Water Source Public

Property Features

Additional Parcels Yn No Annual Net Income 49000.00 Association Approval Required Yn No Association Yn No Available For Lease Yn Yes Cdd Yn No Disclosures Lead PaintSeller Property Disclosure DPR No Flood Zone Code Ae Garage Yn No Listing Terms CashConventional Minimum Lease 3 Months New Construction Yn No Num Of Own Years Prior To Lse 0 Property Sub Type Quadruplex Realtor Info As-IsDocs AvailableLease RestrictionsNo SignSee Attachments Security Features Fire AlarmSecurity SystemSecurity System Owned Senior Community Yn No Special Listing Conditions None Tax Annual Amount 10495.00 Tax Year 2020 Total Num Buildings 1 Utilities Bb/Hs Internet AvailableCable AvailableElectricity AvailablePhone AvailableSewer ConnectedStreet LightsTelephone NearbyUnderground UtilitiesWater Connected Yrs Of Owner Prior To Leasing Re No


Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Keller Williams Gulf Beaches.



© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2021-06-23T23:39:53.367.
 
https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_U8120397-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_U8120397-2.jpg https://bt-photos.global.ssl.fastly.net/mfr/orig_boomver_1_U8120397-2.jpg
Logo
Zarghami Group | Keller Williams Classic Group
3355 Clark Rd. Suite 103
Sarasota FL, 34231