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360 137TH AVENUE CIRCLE

Multi-family Recently Sold
$1,050,000

BTC: 13.58344114

ETH: 428.74642711

Sold on: 2025-04-17
64 days
Waterfront
0 room(s)
1,710 sqft

Overview

MADEIRA BEACH WATERFRONT INCOME WITH A POTENTIAL 7.5 percent CAP RATE. Double Lot, Deep sailboat water frontage and seawall, (2) 8’ x 25’ Docks with electric, (4) Large deep water slips with additional large vessel tie pilings, (4) Oversized 14’ x 30’ garages, (2) move-in ready 2 bedroom 1 bath apartments with new central heat & AC, full appliance packages and luxury vinyl flooring. Truly an Investor / Boater’s Dream, INCOME and personal use! High and dry block construction, located one block from the sandy beaches of the Gulf and un-obstructed sailing in only minutes to the wide open water of the Gulf of Mexico. Walk to the Famous John’s Pass with an array of restaurants, specialty shops, entertainment, charters, boat tours and watersport rentals. Banking, supermarkets, pharmacy, medical and the Regional Mall are only minutes away. This property is conveniently located only a few blocks from a major east-west corridor linking you to major Interstates, Greater Tampa Bay and International airport travel. A meticulously maintained property with newer mechanicals, roof in 2018, new hurricane rated garage doors w/ openers, irrigation system, public utilities and located in a quiet setting away from the hustle & bustle. Make your appointment today to tour this exceptional offering before it’s GONE!

Location

Details

Type:
Residential Income
Parking:
Garage Door Opener / Ground Level / Off Street / Oversized
Year Built:
1977
Lot:
0.14 Acres
Heating:
Central
Price/sqft:
$818
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$361,250
$238K – $1.1M
Confidence Low
List vs. estimate
$1.0M above estimate
List $1,399,000 · +287.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$818
+82.0% vs. city median $449
Based on
40 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$12,470
2024
View
Water
Waterfront
Bay/Harbor, Intracoastal Waterway
Garage
4 car garage
All facts and features
  • Flooring

    • Luxury Vinyl

    Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Ceiling Fan(s)

    • Eating Space In Kitchen

    • Kitchen/Family Room Combo

    • Window Treatments

  • Parking

    • Garage Door Opener

    • Ground Level

    • Off Street

    • Oversized

    Property

    • Levels: One

    • Exterior Features: Fenced / Irrigation System / Rain Gutters

    Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 153115344880000270

    • Zoning: MULTI-FAM

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $12,470

  • Source details

    • MLS ID: TB8341119

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: In Garage

    • Window Features: Aluminum Frames / Blinds

    • Waterfront: Yes

    • Garage Spaces: 4

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1710

    • Water Source: Public

    • Subdivision Name: GULF SHORES HARBOR SUB

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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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: RESORT REALTY