144 147TH AVENUE E

Multi-family Recently Sold

$425,000

BTC: 6.64062500

ETH: 243.41351661

Sold on: 2022-06-30

2 days

Recently Sold

Multi-family

0 room(s) •

998 sqft

Overview

Incredible opportunity to own this charming Maderia Beach duplex located just steps to the water! Both units are currently tenant occupied and below market rate providing a perfect value add opportunity for the new buyer. The unit mix consists of two 1 bed, 1 bath units, both featuring, wonderful screened-in porches, small storage closets, and separate driveways for each unit. The property currently operates right around a 4% CAP rate, however, Increasing the rents to market rate put it at a 6.3% CAP rate. Perfect opportunity for an Investor looking for passive income in one of Florida's most desired and relaxed beach towns around! Also, the potential for an owner occupant to live in one unit and have the other tenant pay your mortgage once leases expire. Both leases are currently through Dec. 31st, 2022. Visit Crexi Link to view OM: https://www.crexi.com/properties/825769/florida-maderia-beach-duplex---63-cap. Don't delay & schedule your showing today!

Location

Florida • MADEIRA BEACH • 33708 • Multi-family • Recently Sold

Details

Type:

Residential Income

Parking:

None

Year Built:

1951

Lot:

0.07 Acres

Heating:

Central

Price/sqft:

$421

Cooling:

Central Air

HOA:

No Data

Type:

Residential Income

Parking:

None

Year Built:

1951

Lot:

0.07 Acres

Heating:

Central

Price/sqft:

$421

Cooling:

Central Air

HOA:

No Data

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

Valuation

Our model vs. what's actually selling nearby.

Estimate

$375,000

$309K – $550K

Confidence Low

List vs. estimate

$45K above estimate

List $420,000 · +12.0%

Our model says this listing is priced above recent comparable activity. Room to negotiate.

Price per sq ft

$420

-6.4% vs. city median $449

Based on

11 MLS comparables

Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax

$3,366

2021

All facts and features

Flooring

• Tile

Heating

• Central

Cooling

• Central Air

Appliances

• Range

• Refrigerator

Other interior features

• Kitchen/Family Room Combo

• Open Floorplan

• Other

• Thermostat
Parking

• None

Property

• Exterior Features: Fenced / Sidewalk / Storage

Lot

• Lot: 0.07 Acres

Other Property Information

• Parcel Number: 093115870480000180
Type and style

• Property Type: Residential Income

• Property Sub Type: Duplex
Utility

• Cable Available

• Cable Connected

• Electricity Available

• Electricity Connected

• Street Lights
Other financial information

• Annual tax amount: $3,367
Source details

• MLS ID: T3373553

Other facts

• Construction Materials: Block

• Foundation Details: Slab

• Laundry Features: Laundry Closet

• Lot Features: City Lot

• Patio And Porch Features: Front Porch / Porch / Screened

• Living Area: 998

• Water Source: Public

• Lot Size Dimensions: 50.0 x 60.0

• Subdivision Name: SUNNY SHORES

Private inquiry

Talk to the advisor on this listing.

Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.

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: MCBRIDE KELLY & ASSOCIATES

144 147TH AVENUE E

Overview

Location

Details

Valuation

Highlights

Interior details

Property details

Construction details

Utilities / Green Energy Details

HOA and Financial Details

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