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113 145 AVENUE E

Madeira Beach, FL 33708

FOR

SALE

$2,950,000

For Sale

0.10

Acres

MLS# A4608806

Cumulative Days on Market: 18 (since April 27th, 2024) Data provided by the MLS.

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Property Details

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 dcor. 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 and Offering Memorandum, please message or e-mail the listing agent Daniel Petrilla, KW On The Water Sarasota.

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Property Highlights

Price

$2,950,000

Property Type

Commercial Sale

Property Sub Type

Multi-Family

Year Built

1948

Acres

0.10

Location

Area

33708 - St Pete/Madeira Bch/N Redington Bch/Shores

County

Pinellas

Zoning

MULTI

Property Details

Condition

Completed

Price

$2,950,000

Property Sub Type

Multi-Family

Property Type

Commercial Sale

Building

Levels

One

Total Area

4,792

Interior Features

Area and Spaces

Number of Units

6

Appliances

Appliances

Dishwasher, Dryer, Microwave, Refrigerator

Interior Features

Flooring

Laminate

Building Details

Construction

Foundation

Slab

Year Built

1948

Materials

Construction Materials

Block

Roof

Shingle

Terms

Terms

Ownership

Corporation

Special Conditions

None

Taxes

Tax

Tax (Annual)

$13,625

Heating, Cooling & Utilities

Cooling Features

Central Air

Utilities

Water Source

Well Required

Lot

Acres

0.10

Lot Dimensions

50x92

Lot Size Area Sq Ft

4,635

Parking

Parking Features

Parking Spaces - 6 to 12

Listed by Keller Williams On The Water S, 941-803-7522.

Listing Data last updated 05/15/2024 02:33 PM

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Property History

16 days ago

Property information last updated

18 days ago

Status Active. This is the date the listing was placed on market.

NOTE: Cumulative Days on Market: 18. Data provided by the MLS.

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Listings courtesy of Stellar MLS as distributed by MLS GRID. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 05/15/2024 02:33 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Listing Data last updated: 05/15/2024 02:33 PM

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113 145 AVENUE E - MLS#A4608806 - $2,950,000

Listed by Keller Williams On The Water S

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