Property Description
Great Investment Opportunity,. less than 1 block from the beach!!! Welcome to a rare income producing property located on the intracoastal waterway in beautiful Madeira Beach. This quadplex is a great opportunity for an investor or for someone looking to live on the water and make instant income. Occupy the unit of your choice and rent the others, or maximize your income by renting all four. Easy to rent long-term or seasonally, with a 3 month minimum rental. All 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. The two lower units did suffer flood damage and will need to be renovated. All 4 units are separately metered and tenants pay for electricity. The fishing pier was recently rebuilt. Step out of the newer hurricane impact sliding doors to view the beautiful intracoastal waterway or travel just 100 yards to sugar-sand of beautiful Madeira Beach. Conveniently located near restaurants, John’s Pass Village and Boardwalk, Downtown Madeira Beach, Tom Stuart Causeway, and everything else the Gulf Beaches have to offer. Just 40 minutes’ drive to Tampa International Airport and an easy drive to the Orlando theme parks. These units are a rare affordable rental on the beaches, making it easy to find tenants. Please do not walk the property or disturb the tenants without a confirmed appointment.
Features
- Heating System:
- Central, Electric
- Cooling System:
- Central Air
- Patio:
- Rear Porch
- Parking:
- Driveway, Parking Pad
- Exterior Features:
- Balcony
- Interior Features:
- Ceiling Fans(s)
- Laundry Features:
- None
- Sewer:
- Public Sewer
- Utilities:
- Public, Electricity Connected, Sewer Connected, Water Connected
- Waterfront Features:
- Canal - Saltwater, Intracoastal Waterway
Address Map
- Country:
- US
- State:
- FL
- County:
- Pinellas
- City:
- Madeira Beach
- Subdivision:
- GULF SHORES 3RD ADD REP
- Zipcode:
- 33708
- Street:
- 140TH
- Street Number:
- 117
- Street Suffix:
- AVENUE
- Longitude:
- W83° 12' 28.5''
- Latitude:
- N27° 47' 40.8''
- Directions:
- Going N on Gulf Blvd, right on 140th Ave E, Property will be on your right.
- Mls Area Major:
- 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
- Street Dir Suffix:
- E
Neighborhood
- Elementary School:
- Orange Grove Elementary-PN
- High School:
- Seminole High-PN
- Middle School:
- Seminole Middle-PN
Additional Information
- Water Source:
- Public
- Water Body Name:
- BOCA CIEGA BAY
- Virtual Tour:
- https://www.propertypanorama.com/instaview/stellar/TB8331177
- On Market Date:
- 2024-12-20
- Number Of Units Total:
- 4
- Levels:
- Two
- Foundation Details:
- Slab
- Construction Materials:
- Block
- Building Size:
- 3208
Financial
- Tax Annual Amount:
- 17250
Listing Information
- Co List Agent Full Name:
- Ineta Kalnina
- Co List Agent Mls Id:
- 260049267
- Co List Office Mls Id:
- 283504628
- Co List Office Name:
- ENGEL & VOLKERS MADEIRA BEACH
- List Agent Mls Id:
- 283505638
- List Office Mls Id:
- 283504628
- Listing Term:
- Cash,Conventional
- Mls Status:
- Sold
- Modification Timestamp:
- 2025-06-09T22:09:45Z
- Originating System Name:
- Stellar
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2025-02-03T20:29:04Z
Residential Income For Sale
117 140th Ave E, Madeira Beach, Florida 33708
6 Bedrooms
4 Bathrooms
2,806 Sqft
$950,000
Listing ID #TB8331177
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- TB8331177
- Price :
- $950,000
- View :
- Water
- Bedrooms :
- 6
- Bathrooms :
- 4
- Square Footage :
- 2,806 Sqft
- Year Built :
- 1971
- Lot Area :
- 0.12 Acre
- Property Sub Type :
- Quadruplex
- Roof:
- Built-Up
- Waterfront Yn :
- 1
