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FLOODED FROM HELENE. BEST MULTIFAMILY DEAL ON THE MARKET!! HUGE DISCOUNT!!! 6-unit multifamily property in the heart of Madeira Beach. Incredible opportunity for a 1031 exchange. Situated on a DOUBLE lot with endless possibilities for adding amenities, boat parking, a pool, fire pit, beach volleyball court, amenities, and so much more. One lot consists of 6 separately metered studios and the other lot is vacant land. This is the crown jewel of any multifamily portfolio with lots of ways to add value to this already stunning property. Ability to take out the water toys on the intercostal as well as mere steps away from the sugar sand Madeira Beach and John's Pass Village. Call today and don't miss out on this amazing investment! Will generate income of around $144,000 per year as a seasonal rental or $126,000 per year as an annual rental. Also, lots of OWNER FINANCING/SUBJECT TO FINANCING OPTIONS.
| DAYS ON MARKET | 22 | LAST UPDATED | 11/1/2024 |
|---|---|---|---|
| TRACT | PAGES REP OF MITCHELLS BEACH | YEAR BUILT | 1958 |
| COMMUNITY | 33708 - St Pete/Madeira Bch/N Redington Bch/Shores | COUNTY | Pinellas |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AREA | 33708 - St Pete/Madeira Bch/N Redington Bch/Shores |
|---|---|
| BASEMENT | Crawl Space |
| EXTERIOR | Lighting |
| INTERIOR | Open Floorplan |
| LOT | 8276 sq ft |
| LOT DIMENSIONS | 80x104 |
| SEWER | Public Sewer |
| STORIES | 1 |
| SUBDIVISION | PAGES REP OF MITCHELLS BEACH |
| TAXES | 10148.15 |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Zach Steinberger, COMPASS FLORIDA LLC, 727-339-7902
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 11/22/24 4:12 PM PST.
This IDX solution is (c) Diverse Solutions 2024.