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107 145TH AVENUE E

Commercial Recently Sold
$575,000

BTC: 8.84615385

ETH: 319.44444444

Sold on: 2026-05-29
New
0 room(s)
3,706 sqft

Overview

Prime Coastal Redevelopment Opportunity – 7-Unit Multifamily Rare opportunity in the heart of Madeira Beach just ½ block to public beach access. This 100’ x 93’ lot (approx.) offers excellent frontage and redevelopment potential in a highly desirable coastal market. The existing 7-unit multifamily property sustained hurricane and flood damage and is being sold as-is for land value. The current structures require complete renovation or redevelopment. Historically operated as long-term rental apartments, this site is ideally suited for rebuilding a new income-producing multifamily property (buyer to verify zoning, density, and building requirements). Located just minutes from John's Pass Village & Boardwalk, with convenient access to dining, shopping, and Gulf waters, the property benefits from strong and consistent demand for long-term coastal rentals. Highlights: 100’ frontage x 93’ depth (approx.) ½ block to public beach access Zoned/used as 7-unit multifamily Storm-damaged – redevelopment required Sold as-is for land value Long-term rental use (no short-term rental representation) High-demand beachside location Ideal for investor, builder, or developer A rare chance to secure a multifamily redevelopment site in one of Pinellas County’s most sought-after beach communities.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1948
Lot:
0.21 Acres
Heating:
No Data
Price/sqft:
$162
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,447,500
$750K – $2.0M
Confidence Low
List vs. estimate
$847K below estimate
List $600,000 · -58.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$161
-66.8% vs. city median $487
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$9,973
2025
All facts and features
  • Cooling

    • Wall/Window Unit(s)

  • Lot

    • Lot: 0.21 Acres

    Other Property Information

    • Parcel Number: 093115543060000250

    • Zoning: 0822

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family (5+)

  • Other financial information

    • Annual tax amount: $9,974

  • Source details

    • MLS ID: TB8500246

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Living Area: 3706

    • Lot Size Dimensions: 100 x 93

    • Subdivision Name: MADEIRA SHORES SUB

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: REAL BROKER, LLC