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119 147TH AVENUE E

Multi-family For Sale
$525,000

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ETH: 291.66666667

-$50K (2026/05/08)
65 days
4 bds
1,264 sqft

Overview

One or more photo(s) has been virtually staged. Discover an exceptional investment opportunity in the heart of Madeira Beach. This EXTENSIVELY REMODELED CONCRETE BLOCK DUPLEX offers two - 2-bedroom, 1-bath units—each thoughtfully restored following the 2024 hurricanes with permits and inspections completed. Updates include restored TERRAZZO FLOORING (no carpet), drywall, baseboards, interior paint, lighting, new tankless water heater, new mini split systems, extra window units, and a 2021 ROOF. Both kitchens feature new cabinetry, tiled backsplash, stone countertops, recessed lighting, and new stain steel appliances—including a dishwasher, while the bathrooms have been refreshed with new vanities, new hardware, and tub/shower combo. There is a WASHER/DRYER HOOKUP on each side of the duplex for convenience of the washer/dryer inside. Each unit includes its own PRIVATE FENCED BACKYARD separated for privacy—ideal for tenants or an owner occupant who wants to enjoy one side while renting the other. The duplex on the west side also has a STORAGE SHED. The front yard is beautifully manicured with SHELL ROCK AND ARTIFICIAL TURF, creating an attractive, LOW-MAINTENANCE coastal aesthetic. The exterior has been freshly painted and professionally landscaped, and the property offers FOUR OFF-STREET PARKING SPACES — a rare convenience in this area. Just moments from the Gulf’s white sand beaches and vibrant John’s Pass Village, residents can enjoy waterfront dining, boutique shopping, boating, fishing, and endless coastal recreation. Whether you're expanding your rental portfolio, seeking a strong income-producing asset, or looking for a personal beach retreat with supplemental income, this duplex delivers outstanding potential in one of Southwest Florida’s most desirable beach communities. Opportunities like this are rare—secure your slice of Madeira Beach today!

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1955
Lot:
0.07 Acres
Heating:
Other
Price/sqft:
$415
Cooling:
Mini-Split Unit(s) / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$384,900
$308K – $495K
Confidence Low
List vs. estimate
$140K above estimate
List $525,000 · +36.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$415
-7.6% vs. city median $449
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,703
2025
Pets
Allowed
All facts and features
  • Flooring

    • Terrazzo

    Heating

    • Other

    Cooling

    • Mini-Split Unit(s)

    • Wall/Window Unit(s)

    Appliances

    • Dishwasher

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Levels: One

    • Exterior Features: Fenced

    Lot

    • Lot: 0.07 Acres

    Other Property Information

    • Parcel Number: 093115870480000340

    • Zoning: R-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Available

    • Electricity Connected

    • Public

    • Water Connected

  • Other financial information

    • Annual tax amount: $4,703

  • Source details

    • MLS ID: TB8479352

    Other facts

    • Construction Materials: Concrete / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Living Area: 1264

    • Water Source: Public

    • Lot Size Dimensions: 50 x 60

    • Subdivision Name: SUNNY SHORES

Private inquiry
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13440 1ST STREET E

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: PLUMLEE GULF BEACH REALTY