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$950,000
3 Days On Site

117 140TH AVENUE E
MADEIRA BEACH, FL 33708

For Sale|Quadruplex|Active
6
Beds
4
Full Baths
0
Partial Baths
2,806
SqFt
$339
/SqFt
1971
Built
Subdivision:
GULF SHORES 3RD ADD REP
County:
Pinellas

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(813) 505-0875
117 140TH AVENUE E117 140TH AVENUE E117 140TH AVENUE E117 140TH AVENUE E
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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 and the ability to add two boat slips is there, for additional potential income. 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.

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Listing Snapshot
Price 
$950,000
Days On Site 
3 Days
Bedrooms 
6
Inside Area (SqFt) 
2,806 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.12 Acres
Year Built 
1971
MLS® Number 
TB8331177
Status 
Active
Property Tax 
$17,250
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
3 days agoStatus changed to Active
4 days agoListing first seen on site
General Features
Acres 
0.12
Foundation 
Slab
Parking 
DrivewayParking Pad
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
SqFt Total 
3208
Stories 
Two
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
CentralElectric
Laundry Features 
None
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Exterior Features
Construction Details 
Block
Exterior 
BalconyDock
Lot Features 
Waterfront
Patio And Porch 
Rear Porch
Roof 
Built-Up
View 
CanalWater
Waterfront 
Yes
Waterfront Features 
Canal Front
Waterview 
CanalWater
Community Features
Financing Terms Available 
CashConventional
MLS Area 
33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Roads 
Asphalt
Township 
31
Schools
School District
Unknown
Elementary School
Orange Grove Elementary-PN
Middle School
Seminole Middle-PN
High School
Seminole High-PN
Listing courtesy of ENGEL & VOLKERS MADEIRA BEACH 7276426621



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-10-29 08:00 PM EDT

Neighborhood & Commute
Source: Walkscore
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