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119 147TH AVENUE E

Multi-family For Sale
$475,000

BTC: 7.42187500

ETH: 249.65311357

-$100K (2026/07/08)
108 days
2 bds
1,264 sqft

Overview

One or more photo(s) has been virtually staged. AMAZING PRICE AND GREAT LOCATION! Discover an exceptional investment opportunity in the heart of Madeira Beach. This EXTENSIVELY REMODELED CONCRETE BLOCK DUPLEX offers two beautifully updated 1-bedroom, 1-bath units, each with an additional BONUS ROOM—perfect for a home office, guest space, hobby room, or added storage. Both sides were thoughtfully restored following the 2024 hurricanes with permits and inspections completed. Updates include restored TERRAZZO FLOORING (no carpet), new drywall, baseboards, interior paint, lighting, a new tankless water heater, new mini-split systems, supplemental window units, and a 2021 ROOF. Each kitchen features new cabinetry, tiled backsplash, stone countertops, recessed lighting, and new stainless steel appliances—including a dishwasher. Bathrooms have been refreshed with new vanities, updated hardware, and a tub/shower combo. Each unit offers its own WASHER/DRYER HOOKUP for the convenience of indoor laundry and a PRIVATE FENCED BACKYARD separated for privacy—ideal for tenants or an owner occupant who wants to enjoy one side while renting the other. The west unit also includes 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 provides 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:
$376
Cooling:
Mini-Split Unit(s) / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$516,500
$329K – $762K
Confidence Low
List vs. estimate
$41K below estimate
List $475,000 · -8.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$375
-16.4% vs. city median $449
Based on
6 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: 2

  • 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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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