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
Agent info
Contact Agent

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