Address
13119 4th STREET E, MADEIRA BEACH, FL
Price
$ 779,000
Property Attributes
- MLS#U8218713
- TypeIncome
- CountyPINELLAS
- CityMADEIRA BEACH
- AreaSt Pete-Madeira Bch-N Redington Bch-Shores
- NeighborhoodPages Rep Of Mitchells Beach
- Zip33708
- StyleQuadruplex
- Year Built1945
- Taxes$ 5444
- Price$ 779,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1273
- Lot Size0.09 Acres
Data Source:
Stellar MLS
Property Description
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!
| Elementary School | Middle School | High School |
|---|---|---|
| Orange Grove Elementary-PN | Seminole Middle-PN | Seminole High-PN |
| Price History | |
|---|---|
| 10/25/2023 | Listed $779,000 |
| 11/30/2023 | 3% - $759,000 |
General Features
| Interior Features | Open Floorplan |
|---|---|
| Sewer | Public Sewer |
| Heating | Wall Units / Window Unit |
| Cooling | Wall/Window Unit(s) |
| Utilities | Electricity Connected,Public,Sewer Connected,Street Lights,Water Connected |
| Roof | Shingle |
| Appliances | Dryer,Range,Refrigerator,Washer |
| Exterior Features | Lighting |
| Construction Materials | HardiPlank Type,Wood Frame |
| Year Built | 1945 |
| Tenant Pays | Electricity |
| Property SubType | Quadruplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Gross Income | 73428 |
| County | Pinellas |
| New Construction | No |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| Subdivision Name | PAGES REP OF MITCHELLS BEACH |
| Garage Y/N | No |
| Other Structures | Shed(s) |
| Status | Active |
| Directions | Gulf Blvd to 133rd E to stop sign,stay right to 4th Street E. |
| ModificationTimestamp | 2024-05-21T15:28:00.157Z |
| High School | Seminole High-PN |
| City | MADEIRA BEACH |
| Buyer Agent Compensation | 2% |
| Disclosures | Lead Paint,Seller Property Disclosure |
| View Y/N | No |
| Senior Community Y/N | No |
| NumberOfUnitsTotal | 4 |
| MLS Area | 33708 - St Pete/Madeira Bch/N Redington Bch/Shores |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 4060 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Elementary School | Orange Grove Elementary-PN |
| Land Lease Y/N | No |
| Tax Annual Amount | 5444 |
| Middle/Junior High School | Seminole Middle-PN |
| Ok to Lease | 12 Months |
| Additional Parcels Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/U8218713 |
| Days on Market | 202 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Tax Lot | 3 |
| Legal Description | PAGE'S REPLAT OF MITCHELL'S BEACH BLK Q,LOT 3 |
| Water Access Y/N | No |
| Water View Y/N | No |
| Flood Zone Code | AE |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Laundry Features | Laundry Closet,Outside |
| LivingAreaSource | Public Records |
Exterior Features
| Lot Features | Flood Insurance Required,FloodZone,Landscaped,Near Public Transit |
|---|---|
| Water Source | Public |
| Lot Size Area | 4060 |
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Lot Dimensions | 40 x 104 |
| Lot Size Acres | 0.09 |
| Road Surface Type | Paved,Asphalt |
| Road Frontage Type | Street Paved |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 33708
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on June 18, 2024 6:04 PM UTC
