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117 140TH AVENUE E

Multi-family Recently Sold
$1,215,000

BTC: 18.98407837

ETH: 387.60060868

Sold on: 2021-09-02
55 days
Waterfront
0 room(s)
2,806 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Great Investment Opportunity!!! Welcome to a rare income producing property located on the intra-coastal waterways of Madeira Beach! This quadplex is turn key for any investor or for someone looking to live on the water and make instant income. Occupy the unit of your choice and let the tenants pay your mortgage. All 4 units are currently rented out with long term tenants but have the potential for 3 month minimum rentals. Each unit is completely remodeled, including new stackable washer/dryer combos, elevated A/C units, water heaters, updated kitchens and bathrooms, new ceiling fans, and flooring. All 4 units are separately metered and tenants pay for electricity. The fishing pier was recently rebuilt and could easily be permitted for two boat slips for additional potential income. Step out of the new hurricane impact sliding doors to view the beautiful intracoastal waterways or walk 322 feet across the street to beautiful Madeira Beach. Conveniently located next to coffee shops, restaurants, John's Pass, Tom Stuart Causeway, and just minutes from the 35 miles of powdery sand beaches. Do Not Disturb Tenants! All units will be available for inspection, once under contract.

Location

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

Facts and features

Type:
Residential Income
Parking:
Driveway / Parking Pad
Year Built:
1971
Lot:
0.12 Acres
Heating:
Electric
Price/sqft:
$454
Cooling:
Central Air
HOA:
No Data
All facts and features

  • Flooring

    • Carpet

    • Laminate

    • Terrazzo

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Convection Oven

    • Cooktop

    • Disposal

    • Dryer

    • Electric Water Heater

    • Exhaust Fan

    • Freezer

    • Range

    • Range Hood

    • Refrigerator

    • Washer

    Other interior features

    • Eating Space In Kitchen

    • Kitchen/Family Room Combo

    • Living Room/Dining Room Combo

    • Open Floorplan

    • Solid Wood Cabinets

    • Thermostat

    • Window Treatments

  • Parking

    • Driveway

    • Parking Pad

    Property

    • Levels: Two

    • Exterior Features: Balcony / Lighting / Rain Gutters / Sidewalk / Sliding Doors / Storage

    Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 103115343620140030

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • BB/HS Internet Available

    • Cable Available

    • Electricity Available

    • Phone Available

    • Sewer Connected

    • Street Lights

    • Telephone Nearby

    • Underground Utilities

    • Water Connected

  • Other financial information

    • Annual tax amount: $10,495

  • Source details

    • MLS ID: U8120397

    Other facts

    • Construction Materials: Block / Concrete

    • Foundation Details: Slab

    • Laundry Features: Inside

    • Lot Features: Flood Insurance Required / FloodZone / Near Golf Course / Near Marina / Near Public Transit

    • Patio And Porch Features: Rear Porch

    • Waterfront: Yes

    • Water Body Name: Boca Ciega Bay

    • Living Area: 2806

    • Water Source: Public

    • Subdivision Name: GULF SHORES 3RD ADD REP

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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: KELLER WILLIAMS GULF BEACHES