Address
113 145 AVENUE E, MADEIRA BEACH, FL
Price
$ 2,950,000
Property Attributes
  • MLS#A4608806
  • TypeCommercial
  • CountyPINELLAS
  • CityMADEIRA BEACH
  • AreaSt Pete-Madeira Bch-N Redington Bch-Shores
  • Zip33708
  • StyleMulti Family
  • Year Built1948
  • Taxes$ 13625
  • Price$ 2,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4792
  • Lot Size4,356 SqFt
Data Source:
Stellar MLS
Property Description

This immaculate 6-unit short term vacation rental property is located in beautiful Madeira Beach, FL approximately 500 feet from the nearest beach access and a short walk or drive to shopping, dining and entertainment. The site contains 6 fully furnished 1 bedroom, 1 bath single family units, as well as a large outdoor community space. There is a total of 2,445 sq ft of living space across 1 buildings that sit on a 0.11 acre parcel. This rental is currently operating as a successful vacation rental property. All of the units were renovated in 2021. Renovations include new roof, new bathrooms and kitchens as well as new décor. The property is currently booked 4 months in advance. This property is primed for a new owner who wants to take over a turnkey, highly profitable investment property. Madeira Beach stretches 2 miles along the Gulf of Mexico and is home to Pinellas County's #1 tourist attraction, John's Pass Village and Boardwalk, which offers shopping, dining, entertainment and night life. The St. Pete-Clearwater and Tampa International Airports are an approximate 30 minute drive and 45 minute drive respectively. Major thoroughfares provideguests direct access to other local, popular destinations such as Clearwater and downtown St. Petersburg. Madeira Beach has and will continue to benefit from the strong demand for hotels and vacation rentals in Pinellas County, which has experienced record-breaking numbers for occupancy and average daily rates over the first few months of the year. For Financials & Offering Memorandum, please message or e-mail the listing agent Daniel Petrilla, KW On The Water Sarasota.

Price History
4/27/2024 Listed $2,950,000

General Features

Cooling Central Air
Roof Shingle
Appliances Dishwasher,Dryer,Microwave,Refrigerator
Zoning MULTI
Construction Materials Block
Year Built 1948
Levels One
Property SubType Multi Family
Tax Year 2023
Percent Ownership Corporation
County Pinellas
New Construction No
Property Type Commercial Sale
Status Active
Directions /
City MADEIRA BEACH
Buyer Agent Compensation 3%
Total Units 6
MLS Area 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Lot Size Square Feet 4635
Waterfront Y/N No
Street Name 145
Tax Annual Amount 13625
Property Condition Completed
Public Remarks This immaculate 6-unit short term vacation rental property is located in beautiful Madeira Beach,FL approximately 500 feet from the nearest beach access and a short walk or drive to shopping,dining a
Virtual Tour https://www.propertypanorama.com/instaview/stellar/A4608806
Days on Market 2
Standard Status Active
Tax Lot 23
Legal Description Madeira Shores Sub Lot 23 Tr 54306
Water Access Type Beach,Gulf/Ocean
Water Access Y/N Yes
Water View Y/N No

Interior Features

Flooring Laminate
Air Conditioning Y/N Yes
Street Suffix AVENUE
Living Area Units Square Feet

Exterior Features

Parking Features 6 to 12 Spaces
Water Source Well Required
Lot Size Area 4635
Foundation Details Slab
Number of Buildings 1
Building Area Total 4792
Lot Dimensions 50 x 92
Lot Size Acres 0.1
Road Surface Type Asphalt
Lot Size Units Square Feet
Road Frontage Type City Street,Other

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 Commercial Average in 33708

Price
AVG $3.95M
$2.95M
Taxes
AVG $17,013
$13,625
Visits
AVG 205
68
Data Provided by Inside Real Estate®
Year Built
AVG 1967
1948

Your Agent

Stacey Baker

Office Manager, Administrative Manager

727-619-1574

Listed By
KELLER WILLIAMS ON THE WATER S with 941-803-7522. - 941-803-7522