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$1,265,000
5 Beds Madeira Manor SubDv. 33708 Zip Code
Discover a prime investment opportunity with this METICULOUSLY RENOVATED 4-UNIT INCOME PROPERTY, perfectly situated less than a block from the beach! Every aspect of this building has been UPDATED, ensuring a turnkey experience for investors. This property is pre-inspected, has never flooded, offers an assumable flood policy and is listed below recent appraised value. Projected annual NOI of approximately $123,000, representing a CAP RATE of nearly 10%. Every detail has been meticulously attended to in this revitalization, which includes all new HVAC systems, plumbing, new roof, hurricane impact windows and doors, electrical systems, updated kitchens, updated baths, updated flooring, interior and exterior paint, new tankless water heaters, vinyl fencing and solid block construction. Inside, each unit features beautiful kitchens adorned with quartz counters, new appliances, tile plank flooring throughout, luxury furniture, fixtures and amenities. Outside you will find a fenced yard, dedicated off-street parking, an outdoor shower and beautiful newly laid pavers. For those seeking to live near the beach, this property is ideal for owner-occupancy. Live in one unit and let the rental income from the other three units cover your expenses. This setup is perfect for those looking to reduce their cost of living while building equity and enjoying a laid back beach lifestyle! Strategically positioned just 600 feet from the sugar sands of Madeira Beach, the location is unbeatable. Occupants can easily stroll to nearby restaurants, shops, and the lively John's Pass Village. The property is being offered fully FURNISHED and turnkey, making it the perfect second home or investment and providing a hassle-free addition to any portfolio. A detailed list of property features and improvements is attached for a comprehensive review. DON'T MISS OUT ON THIS RARE OPPORTUNITY TO OWN A HIGH-YIELDING, FULLY RENOVATED INCOME PROPERTY IN A PRIME BEACHSIDE LOCATION. Whether you're an experienced investor or looking to enter the market, this property promises substantial returns and long-term growth. Contact us today to schedule a viewing and see the potential for yourself!

129 143rd Avenue E, Madeira Beach

$1,499,000
8 Beds Williams Bill Madeira Harbor Sub SubDv. 33708 Zip Code
Welcome to your dream investment opportunity in Madeira Beach! Nestled in this charming coastal town this unique boutique vacation rental presents a 4-plex of unparalleled allure. Each of the four units boasts two bedrooms and one bath providing ample space and comfort for guests seeking a serene retreat by the sea. Experience the modern conveniences as the entire building underwent comprehensive updates in 2016 and 2017. No detail was spared ensuring utmost functionality and aesthetic appeal with all electrical and plumbing systems revamped. A newer roof and HVAC system gives year-round comfort while the freshly painted exterior and beautifully landscaped surroundings provide beautiful curb appeal. There's a washer and dryer available for tenants to use on the lower level. Other amenities include a grill and a Charming Tiki Hut with ample seating in the back providing the perfect setting for alfresco gatherings and sunset cocktails. The azure waters of the Gulf of Mexico are just across the street offering instant access to pristine beaches. This 4-plex is conveniently located to shops, restaurants, and exciting Beach and boating activities. NO RESTRICTIONS on rental duration makes this property a lucrative opportunity for savvy Investors, or those in need of a 1031 exchange seeking to capitalize on the high demand for vacation rentals in this sought after Locale. Don't miss out on this opportunity to own a profitable venture in this thriving vacation destination.

13047 Gulf Boulevard, Madeira Beach

$698,000
Mitchells Beach Rev SubDv. 33708 Zip Code
Great investment opportunity!! Introducing a charming triplex located less than 1/4 mile from the beautiful Maderia Beach in Florida. This property features two 1/1 units and a 2/1 unit, some updates have been done. Unit one has a screened porch entry, laminate flooring and shaker cabinets and comes furnished (minus tenants personal items). Unit 2 is a 1/1, with Vinyl flooring and shaker cabinets, this unit also comes furnished (minus tenant personal items). Unit 3 is a 2/1 and is owner occupied, this unit will not be furnished, has newer stainless steel appliances, has a nice sized screened rear porch. The triplex boasts plenty of parking spaces. Take a short walk to enjoy the sunset on Maderia beach or a little longer walk enjoy the board walk and Johns pass. The tenants enjoy all the conveniences that come with this great location! Enjoy the backyard, perfect for outdoor entertaining and grilling, as well as the convenience of an common laundry room. The roof was replaced in 2016, plumbing from the unit to the city was replaced with PVC in 2022, clean out was added in the garden area and Some windows were upgraded to impact in 2012 ensuring peace of mind for years to come. Don't miss out on this fantastic investment opportunity with financials available. Maderia Beach is a Florida resort city set on a barrier island, west of St. Petersburg. It’s known for its beaches. There are many restaurants and shopping close by.

13368 1st Street E, Madeira Beach

$585,000
2 Beds Sunny Shores SubDv. 33708 Zip Code
This duplex was built to “Hurricane House” standards in 1946, the building includes 2x6” ceiling joists, spaced 16” apart, load bearing walls throughout, 1” roof sheathing boards, reinforced concrete/metal sheet ceilings, and lathe and plaster wall coverings (no drywall). At the corner of 147th Ave and 1st Street, in the 32 years of our occupancy by current owners, no storm water levels ever crossed 1st Street or reached the building. By sandbagging the 4 doors of the building, the water level would have to rise over the window ledge height before any entered the building. Sandbags are stored in the full access attic, which has a metal pull-down for ease of accessibility. 4 Individual A/C units are installed in the walls (not the windows) above the floor and window ledge levels to insure survivability and use when the water levels rise. Being a full access attic, it is available for temporary occupancy and to store emergency equipment as well: sealed, non-perishable food supplies, camping stove, propane fuel tanks, etc. If the water were to rise excessively, the attic provides an escape area, and 2 vent screen openings on the dormers could provide for boat or helicopter evacuation. Additionally, a Ham Radio antenna system (G5RV) is installed in the attic, which allows for connection to a Statewide Amateur Radio Network (SARNET) which provides radio contact to all 67 Counties in Florida. When the local “Cell” towers fail, the battery powered radio system is still operational. The radio antenna system connection is also available in the 6x12’ Smithbuilt shed located on the patio and a worktable and shelves provide for radio equipment, tool, and antenna storage. A 3500-watt Champion generator is also in the shed, to provide backup power when fuel is still available. A/C: 4 Individual Window Style Units, mounted approx. 4Ft above floor level. 2 Bedrooms, 2 Full Baths, Ceiling Fans, all rooms (8), 2 Refrigerators, 1 Full Range, 1 Cooktop Range, 1 Washer, Rugs, Tiles, & Vinyl, 2 Kitchen Tables, 2 Double Beds, 1 Hideaway Bed/Sofa, 2 Single Beds, 1 Lazyboy Lounger, 2 TV Wall Units, 1 Stressless Lounger, 2 Dressers w/ Drawers, 2 Coffee Tables, Ext Construction: Concrete Block, Slab, Al Siding. An ideal rental income duplex, it includes a driveway area on both sides to accommodate up to 4 cars in a “parking space at a premium” area. A 15'x40' concrete patio area provides great grilling and outdoor gathering space. Separate electric meters are installed to accommodate separate billing for utilities. On a corner lot, located 1 block from Gulf Blvd, with full beach access, and 17 blocks away from famous John's Pass Village. Full bus and trolley services are available. Improvement Features Include: 2023: New 38 gal. Rheem hot water heater ($1600), 2018=Patio and driveways resurfaced ($2100), 2014=New fiberglass roof shingles ($7300), 2007=2 Electric panel boxes upgraded ($2000). 2005=Both bathtubs resurfaced with acrylic liners ($1000 each), 2000=Total sewage line replaced ($2300), 1996=20 exterior windows upgraded/ replaced. Beach access is very near the duplex - just across Gulf Blvd. (very close). Zero scape landscaping. *** SELLER'S PRICE IS EXTREMELY NEGOCIABALE DUE TO LACK OF UPGRADES!!! Or just use credit towards closing costs and prepaids, etc.

102 147th Avenue E, Madeira Beach

$809,900
93 Beds Gulf Shores 6th Add Rep SubDv. 33708 Zip Code
*** All units are now leased*** Start making passive income from day one after closing. Here is a great opportunity to secure your next turnkey investment property minutes from the sugar sands of Madeira Beach! located just 5 minutes walking distance from Beach and near all shops, dinning, and venues Madeira beach has to offer. This Triplex underwent extensive renovations from 2021-2024 including a brand-new roof, plumbing including new clean outs for each unit, electrical panels, hurricane impact windows throughout, interior and exterior paint, landscape clean up to name a few of the major improvements. Inside each unit had all carpet/dated floors removed then leveled before designer porcelain/ ceramic wood plank tile was installed throughout, interior paint, baseboards, stainless steel appliances. The modern new kitchen features solid wood soft close cabinets, quartz countertops, and all new appliances including high efficiency washer and dryers in all units with range and Hood vents. Fully remodeled bathroom features polished porcelain tile, quartz vanity, with full size shower. each ensuite bedroom is large enough to fit a king size bed and features a spacious walk-in closet. All units are the same size, see attached floor plan. Step out back and enjoy your private back patio or take a quick stroll to the beach/shops/ and all the new restaurants/beach dining options within walking distance. All three units are currently occupied by tenants on annual leases allowing the new owner to increase to market rates, lease as furnished unit and use the mid-term rental model to generate more income. This is a great asset to acquire and perform a cost-segregation and deprecation out to maximize tax benefits. Since all major improvements have been completed the new owner can focus on marketing/branding the property, while enjoying it for personal use if desired. Shown by appointment only. Do not solicit or disturb tenants.

14022 E Parsley Drive, Madeira Beach

$2,400,000
33708 Zip Code
Under contract-accepting backup offers. This immaculate 6-unit short term vacation rental property is located in beautiful Madeira Beach, FL approximately 500 feet from the nearest beach access and a short walk or drive to shopping, dining and entertainment. The site contains 6 fully furnished 1 bedroom, 1 bath single family units, as well as a large outdoor community space. There is a total of 2,445 sq ft of living space across 1 buildings that sit on a 0.11 acre parcel. This rental is currently operating as a successful vacation rental property. All of the units were renovated in 2021. Renovations include new roof, new bathrooms and kitchens as well as new décor. The property is currently booked 4 months in advance. This property is primed for a new owner who wants to take over a turnkey, highly profitable investment property. Madeira Beach stretches 2 miles along the Gulf of Mexico and is home to Pinellas County's #1 tourist attraction, John's Pass Village and Boardwalk, which offers shopping, dining, entertainment and night life. The St. Pete-Clearwater and Tampa International Airports are an approximate 30 minute drive and 45 minute drive respectively. Major thoroughfares provideguests direct access to other local, popular destinations such as Clearwater and downtown St. Petersburg. Madeira Beach has and will continue to benefit from the strong demand for hotels and vacation rentals in Pinellas County, which has experienced record-breaking numbers for occupancy and average daily rates over the first few months of the year.

113 145 Avenue E, Madeira Beach

$749,990
4 Beds Gulf Shores 6th Add Rep SubDv. 33708 Zip Code
GREAT INVESTMENT! ONLY $250K/unit!!! Highly desired rentals! Terrific beach neighborhood! Just 4 blocks to beach! "Villas by the Sea" is beachside community of three Villas plus 1 car garage and laundry/storage room. A truly unique property, the tenants love the extra privacy - Each villa has its own private entrance, parking spaces, outdoor patio area separated by building's layout and tropical palms borders. Villa #1 is 1BR+den/1BA $1750/month, Villa #2 is 2BR/1BA $1850/month, one car garage rent $150/month, Villa #3 is 1BR/1BA $1500/month. 2023 updates: Quartz counterrtops, new porcelain tile throughout all villas, new interior doors, new paint, new cabinetry, new appliances in all 3 villas, new washer & dryer, new AC villa #2, new kitchen sink and faucet villa #2. 2020 updates: new ACs in #1, #2 and #3. ENJOY PEACE OF MIND - entire triplex was professionally rodent/animal proofed, tented for dry wood termites and treated to prevent subterranean termites. Upgrades 2016: ALL new circuit breaker panels in EACH villa & new GFIs in all required areas per CITY inspection, #2 new tankless water heater. 2014 roof replaced. Included in sale is in the EAST side one car garage and storage area with washer/dryer in back part of bldg. with “Maintenance Agreement“ with owner of east side. The entire garage bldg. new roof in 2014.*SEE survey -property line goes through garage bldg.*Huge corner lot would have water views of Intracoastal waterway/bay if second story added and or great, extra large lot to build new (contact City for details). Community "Elks Club" across street, tenants enjoy waterfront pool, clubhouse, dinner/drink specials, boat dock rentals for a small annual fee. Enjoy charming Madeira Beach! Great beach community features waterfront parks, tennis / pickleball courts, leash free dog park, baseball fields, basket ball courts, kids water splash play area, Marina, outdoor concert area on waterfront, fishing piers plus many public beach & intracoastal park accesses. "Mad Beach" has so much to offer with that small beach town feel. Being sold AS-IS with right to inspect. Need 24 hours showings with all 3 friendly tenants.

14200 E Parsley Drive, Madeira Beach

$749,000
3 Beds Gulf Shores 6th Add Rep SubDv. 33708 Zip Code
New price improvement and super motivated seller on this beautiful Madeira Beach Triplex. Your OPPORTUNITY to own a TURNKEY income producing property located in MADEIRA BEACH. The triplex is located in the best of Madeira has to offer, John's Pass just 5 minutes South, Dolphin watch, Tiki boat ride, Parasail flight or just adventure cruise are all within minutes. Enjoy the beautiful beaches and all attractions nearby while collecting the rental income. All three units have been completely remodeled leaving a zero-to none maintenance. The style is mid-century with a beautiful beach touch. Owner invested a lot of money into this for your peace of mind. Unit 1: 2 beds, 1 bath. Unit 2: 1 bed, 1 bath. Unit 3: Efficiency with full bath & full kitchen, ALL UNITS are fully rented. Roof is 2017, All hot water tanks were recently replaced. Unit 3 has new A/C, all units been renovated with modern touch and walk-in showers. The property has an on site laundry, plenty of parkings. You will love the setups, each unit features an outdoor sitting area. The tropical exterior landscape is a pleasure to enjoy in one of three private patios. This beach income producing property with tons of potential, live in one rent the others or just setup as straight cash flow income property. Walking distance to the beach and restaurants! MADEIRA BEACH is well known tourist attraction, bring your flip flops the "sugar sandy Gulf beaches" and many attractions nearby. Hardly any vacancy here. Hurry, great opportunity do not wait! Schedule your private showing today.

14111 W Parsley Drive Unit 1-3, Madeira Beach

$1,250,000
Gulf Shores 1st Add SubDv. 33708 Zip Code
Welcome to your coastal paradise * MOTIVATED SELLERS* This breathtaking Madeira Beach triplex is a rental investor's dream, offering an exceptional blend of luxurious living, beachside convenience, and lucrative income potential. Positioned just a short stroll from the beach, this property presents an ideal backdrop for those seeking the ultimate sun-soaked lifestyle combined with unique rental opportunities. Atop the triplex, a spacious 4-bedroom, 2-bathroom unit awaits, catering perfectly to families in search of a cozy retreat. Meanwhile, the ground floor features two distinct one-bedroom units, each complete with its own bathroom and laundry. This versatile arrangement opens doors to various possibilities, whether accommodating extended family, generating rental income, or creating a dedicated home office space. The highlight of the property is the inviting pool, setting the stage for a resort-like ambiance where tenants can relax and soak up the sun. This triplex isn't just a residence; it's a complete lifestyle package, offering the perfect fusion of solitude, amenities, and rejuvenation. Currently, the bottom two units are leased on annual terms, while the top unit serves as a seasonal rental. With a robust rental history and the potential for lucrative short-term rental income, this property presents an enticing investment opportunity. Don't miss your chance to own this exceptional property that seamlessly marries the tranquility of beach living with the allure of a meticulously designed home, all while offering unparalleled rental potential.

14156 North Bayshore Dr, Madeira Beach

$699,900
4 Beds Page's Replat Of Mitchell's Beach SubDv. 33708 Zip Code
Opportunity Knocks! REDUCD BELOW APPRAISAL! Live in one side and rent the other! Welcome to your dream coastal retreat on Madeira Beach! This completely remodeled duplex, meticulously renovated down to the studs, offers the epitome of modern beach living. Each side of the duplex boasts 2 bedrooms and 1 bath, providing the perfect canvas for comfortable living and entertaining. Step into the heart of the home – the spacious kitchen, a culinary haven that combines style and functionality. Ocean blue wood soft-close cabinets with mood lighting create a serene atmosphere, complemented by a convenient breakfast bar that doubles as an entertainment buffet. The kitchen offers ample storage, ensuring that everything has its place. Woodlike laminate floors throughout not only add a touch of warmth but also provide durability, standing up to the demands of beach living. The bathrooms are a true sanctuary, featuring above countertop glass bowl sinks and spa-type showers adorned with floor-to-ceiling tiles. The attention to detail in the bathrooms adds a touch of luxury to your daily routine. Enjoy the abundant natural light streaming through all-new windows and doors, creating a bright and inviting atmosphere. The electrical system has been completely upgraded, and a tankless hot water system ensures endless hot showers after a day at the beach. Both units are adorned with chic lighting fixtures, adding a touch of contemporary elegance. Fresh interior and exterior paint breathe new life into the duplex, creating a clean and modern aesthetic. This property isn't just about the indoors – step outside to a 2-car carport with a storage closet and a convenient laundry nook. The large private patio in the back is the perfect spot for grilling and entertaining, surrounded by lush landscaping that provides a sense of privacy and tranquility. Location is key, and this duplex offers the quintessential Florida beach lifestyle. Within walking distance, you'll find the sandy shores of Madeira Beach, the vibrant atmosphere of John's Pass, and the scenic beauty of the intracoastal waterway. Embrace the coastal charm and modern luxury that this remodeled duplex on Madeira Beach has to offer – it's a rare opportunity to live the ultimate beach life! The owner will consider a 2-1 buy down on the interest rate for the buyer with a reasonable offer. And Buyer home warranty.

13246 4th Street E, Madeira Beach

$779,000
Pages Rep Of Mitchells Beach SubDv. 33708 Zip Code
Charming 4-Plex in Prime Madeira Beach Location Welcome to this fantastic investment opportunity in the heart of Madeira Beach! This well-maintained 4-plex offers a blend of two cozy efficiencies and two spacious one-bedroom, one-bathroom units. Boasting an unbeatable location, this property is less than a mile from the vibrant John's Pass and a mere half-mile from convenient public beach access. Key Features: Unit Composition: This 4-plex comprises two efficiently designed studios and two comfortable one-bedroom apartments. Prime Location: Nestled in the heart of Madeira Beach, residents enjoy easy access to the bustling John's Pass, renowned for its shopping, dining, and entertainment options. With public beach access just a short stroll away, sand and surf enthusiasts will delight in the convenience. Occupancy Status: Currently, all units are 100% occupied, ensuring steady rental income. Leases are set to conclude in the spring of 2024, providing flexibility for potential adjustments. Value Enhancement Opportunity: Rents are currently positioned at a competitive but conservative level, offering room for potential improvement. A savvy investor can optimize returns by adjusting rental rates in line with market trends. Additional Amenities: Dedicated parking spaces for each unit Coin operated laundry Landscaped grounds for a serene atmosphere Investment Potential: With its unbeatable location, solid occupancy rate, and the potential for increased rental income, this 4-plex presents an exceptional opportunity for both seasoned investors and those looking to enter the rental property market. Don't miss out on this chance to own a piece of Madeira Beach's vibrant real estate landscape. Schedule a viewing today to explore the full potential of this investment property!

13119 4th Street E, Madeira Beach

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