Price Reduction - Views
Address
113 145TH AVENUE E #1-6 Madeira Beach, FL
Price
$ 919,000
Property Attributes
  • MLS#U8095712
  • TypeIncome
  • CountyPINELLAS
  • CityMadeira Beach
  • AreaSt Pete-Madeira Bch-N Redington Bch-Shores
  • NeighborhoodMadeira Shores Sub
  • Zip33708
  • StyleMulti-Family
  • Year Built1948
  • Taxes6178
  • Price$ 919,000
  • Bedrooms7
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage1669
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
DALTON WADE, INC.
Property Description

6 Unit income property in Madeira Beach. Pro-forma lies within the attachments to the MLS listing. Yearly income equals $77,700. Expenses including tax & Ins equals $25,901 for a net of $51,700. All 6 Units have been thoroughly re-conditioned. Each of the 6 units has recently been tastefully updated with new flooring throughout, new kitchens, new appliances, stoves, refrigerators, sinks and faucets, cabinets and countertops, hot water heaters and air-conditioners. New bathroom tile, flooring, showers, sinks and plumbing fixtures. Both buildings are cement block with stucco and both have NEW tile roofs. The parking area was just paved with new asphalt (not painted - paved). Four of the units enjoy a tropically landscaped courtyard. This property lies one half block to the east of the City of Madeira Beach's public "beach access" which consist of a large parking lot with amenities and bathroom facilities and of course the ever popular Madeira Beach itself. This makes it very easy to walk straight to the beach itself from the property. The property’s location also provides easy access to major area employer company headquarters, including the Home Shopping Network, Spectrum, Johns Hopkins Hospital and the University of South Florida. It is also conveniently located to the causeway, which provides easy entry and exit to and from other areas in the County & state. In total there are 2 Buildings on one lot - consisting of 3- 1 Bedrooms, ( One with a bonus room ) 3 Efficiency Apts. The two units located in the rear building are currently opened to each other making one 2 bed 2 bath. This could serve as the owners home or be split back into a 1/1 and a efficiency. ALL units are Fully Furnished. There are 6 parking spots. Roughly equidistant between Clearwater and St Petersburg, Madeira Beach is a highly desired community due to its quaint coastal ambiance, and predominance of single-family homes. Largely serving year-round residences, MB has relatively fewer tourist hotels and condos. Local John’s Pass Village is known regionally as a major nightlife and shopping hotspot making it very popular among residents, and tourists alike. MB’s near three-mile sugary-sand beaches attract devotees of sun, and the Gulf’s turquoise-emerald seas. The popularity of fishing is punctuated by MB’s annual October Seafood Festival drawing up to 130,000 for celebration of food, music, arts, and crafts. Pro-forma lies within the attachments to the MLS listing and also in the video shown below. Copy & paste the link. Due to Corona you may view this unbranded virtual video tour of the property at: https://youtu.be/RgYXDx85mSA

Elementary School Middle School High School
Madeira Beach Elementary-PN Madeira Beach Middle-PN Seminole High-PN
Price History
8/31/2020 Listed $930,000
9/16/2020 2% - $919,000

General Features

Appliances Built-In Oven
Construction Materials Block, Stucco
Cooling Wall/Window Unit(s)
Elementary School Madeira Beach Elementary-PN
Exterior Features Fenced, Outdoor Grill, Storage
Heating Electric, Wall Units / Window Unit
High School Seminole High-PN
Homestead Yes
Lease Term 12 Months
Levels One
MLS Area 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Middle/Junior School Madeira Beach Middle-PN
Minimum Lease Period 3 Months
Property SubType Multi-Family
Property Type Residential Income
Roof Shingle
Sewer Public Sewer
Special Listing Conditions None
Status Active
Subdivision Name MADEIRA SHORES SUB
Terms Cash, Conventional
Total Num Buildings 2
Total Units 6
Township 31
Unit Number 1-6
Year Built 1948

Interior Features

Furnished Y/N Furnished Or Unfurnished
Laundry Features Inside
Living Area 1669.00
Unit Count 7
Utilities Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

Exterior Features

Building Area Total 2319.00
Foundation Details Slab
Lot Dimensions 50x92
Lot Features Near Marina, Near Public Transit, Street Paved
Lot Size Acres 0.11
Lot Size Square Feet 4635
Number of Lots 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33708

Price
AVG $1.29M
$920K
Taxes
AVG $9,788
$6,178
Visits
AVG 74
67
Year Built
AVG 1958
1948

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