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
Agent info
Contact Agent

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