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503 140TH AVENUE E

Multi-family For Sale
$300,000

BTC: 2.92112979

ETH: 78.43526868

8 days
2 bds
828 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

This duplex property, located less than a quarter-mile walk from the beach, offers an exceptional opportunity for redevelopment. Damaged by recent hurricanes, the structure is being sold as-is, with no remediation performed. The seller makes no representation about the building's condition or salvageability. The buyer will assume responsibility for either demolishing and removing the structure or undertaking repairs after closing. Features include: Land value sale in a prime coastal location. The potential to rebuild as an income-generating property or design a single-family home. And an adjacent property available for purchase, offering the chance to combine lots for a larger home or expanded rental opportunity. Whether you're looking to develop a new home or maximize rental income potential, this property provides a blank canvas in an unbeatable location close to the beach. Seize this opportunity to create your vision of coastal living or investment.

Location

Florida • MADEIRA BEACH • 33708 • Multi-family • For Sale

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1945
Lot:
0.12 Acres
Heating:
Electric
Price/sqft:
$362
Cooling:
Mini-Split Unit(s)
HOA:
No Data
All facts and features

  • Heating

    • Electric

    Cooling

    • Mini-Split Unit(s)

    Other interior features

    • Ninguno

    Bedrooms and bathrooms

    • Bedrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Private Mailbox / Sidewalk / Storage

    Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 103115343980200040

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • BB/HS Internet Available

    • Cable Connected

    • Electricity Connected

    • Public

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $5,090

  • Source details

    • MLS ID: TB8327349

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: In Garage

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 828

    • Water Source: Public

    • Lot Size Dimensions: 47 x 100

    • Subdivision Name: GULF SHORES 5TH ADD

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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 ©2024-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: COMPASS FLORIDA LLC