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Madeira Beach,FL 33708
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,082 sqft
Price per Sqft $522
Subdivision Williams Bill Madeira Harbor Sub 3Rd Add
MLS Listing ID TB8340387
HOA Y/N No
Originating Board Stellar MLS
Year Built 1963
Annual Tax Amount $11,586
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Welcome to this Madeira Beach triplex, ideally situated just steps from John's Pass Village and Boardwalk. Located on a deep-water canal with stunning views and direct access to Boca Ciega Bay and the Gulf of Mexico, this property features a 14' x 20' composite dock and a 13,000 lb boat lift with electric. The triplex consists of three units: a one-bedroom, one-bathroom unit of approximately 450 square feet, another one-bedroom, one-bathroom unit of about 559 square feet, and a spacious two-bedroom, two-bathroom unit measuring roughly 1,114 square feet. The roof was replaced in 2015, and while the 1/1 units boast polished terrazzo flooring, the 2/2 unit features durable concrete flooring. Additional upgrades include some impact windows, new plumbing and waste lines in the 2/2 unit, and brand-new mini-split A/C and heating units in all units. Although the property did sustain flooding during recent hurricanes, it offers a blank slate for investors to
reimagine the interior design. The dock could be rented for an additional $500 per month. The seller has a no substantial damage letter from the City of Madeira Beach so the home can get an interior repair permit and does not need to be demolished per FEMA's 50% rule. Zoned R2 with a three-month minimum lease requirement, this triplex is within a couple of blocks of John's Pass Village and Boardwalk, where you can enjoy an array of restaurants, breweries, nightlife, and more.
Location
State FL
County Pinellas
Community Williams Bill Madeira Harbor Sub 3Rd Add
Direction E
Interior
Interior Features Primary Bedroom Main Floor
Heating Other
Cooling Mini-Split Unit(s)
Flooring Concrete,Terrazzo
Furnishings Unfurnished
Fireplace false
Appliance Microwave
Laundry Laundry Closet
Exterior
Exterior Feature Awning(s),Sidewalk
Utilities Available Public
Waterfront Description Bay/Harbor,Gulf/Ocean to Bay
View Y/N Yes
Water Access Yes
Water Access Desc Bay/Harbor,Gulf/Ocean to Bay
View Water
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Schools
Elementary Schools Orange Grove Elementary-Pn
Middle Schools Seminole Middle-Pn
High Schools Seminole High-Pn
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None