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.
Features
- Heating System:
- Other
- Cooling System:
- Ductless
- Exterior Features:
- Sidewalk, Awning(s)
- Flooring:
- Concrete, Terrazzo
- Interior Features:
- Primary Bedroom Main Floor
- Laundry Features:
- Laundry Closet
- Sewer:
- Public Sewer
- Utilities:
- Public
- Waterfront Features:
- Bay/Harbor, Gulf/Ocean to Bay
Appliances
- Appliances:
- Microwave
Address Map
- Country:
- US
- State:
- FL
- County:
- Pinellas
- City:
- Madeira Beach
- Subdivision:
- WILLIAMS BILL MADEIRA HARBOR SUB 3RD ADD
- Zipcode:
- 33708
- Street:
- 129TH
- Street Number:
- 509
- Street Suffix:
- AVENUE
- Longitude:
- W83° 13' 8''
- Latitude:
- N27° 47' 18.4''
- Directions:
- I-275 South, West on 1st Ave N to Treasure Island Causeway, North on Gulf Blvd, Right onto 129th Ave, Property is on the 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://my.matterport.com/show/?m=BUTKAB2e CC2&brand=0&mls=1&
- Previous Price:
- 1048000
- On Market Date:
- 2025-01-31
- Number Of Units Total:
- 3
- Foundation Details:
- Slab
- Construction Materials:
- Block
Financial
- Tax Annual Amount:
- 11586
Listing Information
- List Agent Mls Id:
- 285510553
- List Office Mls Id:
- 780118
- Listing Term:
- Cash,Conventional
- Mls Status:
- Expired
- Modification Timestamp:
- 2025-04-24T04:12:11Z
- Originating System Name:
- Stellar
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2025-04-24T04:10:44Z
Residential Income For Sale
509 129th Ave E, Madeira Beach, Florida 33708
2,082 Sqft
$965,000
Listing ID #TB8340387
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- TB8340387
- Price :
- $965,000
- View :
- Water
- Square Footage :
- 2,082 Sqft
- Year Built :
- 1963
- Lot Area :
- 0.14 Acre
- Property Sub Type :
- Triplex
- Roof:
- Shingle
- Waterfront Yn :
- 1
