$1,499,000 Price Analysis    ♡   Madeira Beach, FL 33708 8 bed 4 bath 2,896 SqFt ($517/SqFt) 4,373SqFt lot. Built 1946 Listed 2024-05-21, Taxes $9,754 | Ⓧ USDA Ineligible due to price & location near Madeira Beach |
Welcome to your dream investment opportunity in Madeira Beach!
Nestled in this charming coastal town this unique boutique vacation rental presents a 4-plex of unparalleled allure. Each f the four units boasts two bedrooms and one bath providing ample space and comfort for guests seeking a serene retreat by the sea. Experience the modern conveniences as the entire building underwent comprehensive updates in 2016 and 2017. No detail was spared ensuring utmost functionality and aesthetic appeal with all electrical and plumbing systems revamped. A newer roof and HVAC system gives year-round comfort while the freshly painted exterior and beautifully landscaped surroundings provide attractive curb appeal.
There's a washer and dryer available for tenants to use on the lower level. Other amenities include a grill and a Charming Tiki Hut with amp le seating in the back providing the perfect setting for alfresco gatherings and sunset cocktails. The azure waters of the Gulf of Mexico are across the street offering instant access to pristine beaches. This 4-plex is conveniently located to shops, restaurants and exciting Beach and boating activities. NO RESTRICTIONS on rental duration makes this property a lucrative opportunity for savvy Investors or those in need of a 1031 exchange seeking to capitalize on the high demand for vacation rentals in this sought after Locale. Don't miss out on this opportunity to own a profitable venture in this thriving vacation destination.
Presented by Madonna Steinlage at
CENTURY 21 Coast to Coast.
Property MLS #U8243070 from StellarMLS
Full Bathrooms: 4
Living Room/Dining Room Combo
Stone Counters
Window Treatments
Electric Water Heater
Microwave
Range
Refrigerator
Washer
Laundry Features: Common Area
Heating Features: Central, Electric, Wall Units / Window Unit, Zoned
Water Features: Beach, Gulf/Ocean, Gulf/Ocean to Bay
Road Surface Type: Asphalt
Lot Size Acres: 0.1003903
Lot Size Dimensions: 40x111
Lot Size Square Feet: 4373
Calculated Total Monthly Association Fees: 0
Number of Units: 4
Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 1
High School: Boca Ciega High-PN
Middle School: Madeira Beach Middle-PN
Map directions Map directions Map directions Map directionsTenant Pays: Electricity
Source Listing Status: Active
County: Pinellas
Directions: Gulf Blvd. to Madeira Beach, Property is just south of Barefoot Beach Resort on same side of the street. 13047 Gulf Blvd.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential Income
Area: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Source Neighborhood: WILLIAMS BILL MADEIRA HARBOR SUB
Parcel Number: 15-31-15-97812-000-0010
Postal Code Plus 4: 2647
Subdivision: WILLIAMS BILL MADEIRA HARBOR SUB
Township: 31
Property Subtype: Quadruplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $192,802 + $407,198 $600,000 | $9,754 |
| 2021 | $170,200 + $419,900 $590,100 | $10,100 |
| 2020 | $179,253 + $395,963 $575,216 | $9,998 |
| 2019 | $174,285 + $353,734 $528,019 | $9,267 |
| 2018 | $169,135 + $332,614 $501,749 | $8,610 |
| 2017 | $144,483 + $286,278 $430,761 | $7,521 |
| 2016 | $unknown + $unknown $409,789 | $7,280 |
| 2015 | $unknown + $unknown $401,609 | $7,294 |
| 2014 | $unknown + $unknown $363,201 | $6,572 |
| 2013 | $unknown + $unknown $361,243 | $6,549 |
| 2012 | $unknown + $unknown $356,206 | $6,452 |
| 2011 | $unknown + $unknown $384,976 | $6,929 |
| 2010 | $unknown + $unknown $349,978 | $6,157 |
| 2009 | $unknown + $unknown $455,829 | $8,053 |
| 2008 | $unknown + $unknown $499,900 | $8,712 |
| 2007 | $unknown + $unknown $557,100 | $9,501 |
$1,499,000
StellarMLS
Sold 2016-01-12
$475,000
StellarMLS
Listed 2015-11-19
$559,000
StellarMLS
Sold 2005-06-01
$625,000
Public Record
Sold 1993-07-02
$125,000
Public Record
Sold 1982-06-01
$118,000
Public Record
Year Built: 1946
Building Area Source: Public Records
Building Area Total: 3076
Construction Materials: Block
Foundation Details: Block, Slab
Levels: Two
Property Age: 78
Roof: Shingle
Cable Available
Electricity Connected
Public
Sewer Connected
Street Lights
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.