Save to Favorites
Print
Share
PRICE $749,900 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 1,273 sqft
LOT SIZE 3,921 sqft

PRICE REDUCED -- Charming 4-Plex in Prime Madeira Beach Location Welcome to this fantastic investment opportunity in the heart of Madeira Beach! This well-maintained 4-plex offers a blend of two cozy efficiencies and two spacious one-bedroom, one-bathroom units. Boasting an unbeatable location, this property is less than a mile from the vibrant John's Pass and a mere half-mile from convenient public beach access. Key Features: Unit Composition: This 4-plex comprises two efficiently designed studios and two comfortable one-bedroom apartments. Prime Location: Nestled in the heart of Madeira Beach, residents enjoy easy access to the bustling John's Pass, renowned for its shopping, dining, and entertainment options. With public beach access just a short stroll away, sand and surf enthusiasts will delight in the convenience. Occupancy Status: Currently, all units are occupied, ensuring steady rental income. Leases are set to conclude in the spring of 2024, providing flexibility for potential adjustments. Value Enhancement Opportunity: Rents are currently positioned at a competitive but conservative level, offering room for potential improvement. A savvy investor can optimize returns by adjusting rental rates in line with market trends. Additional Amenities: Dedicated parking spaces for each unit Coin operated laundry Landscaped grounds for a serene atmosphere Investment Potential: With its unbeatable location, solid occupancy rate, and the potential for increased rental income, this 4-plex presents an exceptional opportunity for both seasoned investors and those looking to enter the rental property market. Don't miss out on this chance to own a piece of Madeira Beach's vibrant real estate landscape. Schedule a viewing today to explore the full potential of this investment property!

DAYS ON MARKET 395 LAST UPDATED 9/23/2024
TRACT PAGES REP OF MITCHELLS BEACH YEAR BUILT 1945
COMMUNITY 33708 - St Pete/Madeira Bch/N Redington Bch/Shores COUNTY Pinellas
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Orange Grove Elementary-PN
Jr. High School Seminole Middle-PN
High School Seminole High-PN

PRICE HISTORY
Prior to Sep 7, '24 $779,000
Sep 7, '24 - Sep 23, '24 $774,000
Sep 23, '24 - Today $749,900


ADDITIONAL DETAILS
AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Dryer, Range, Refrigerator, Washer
AREA 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
CONSTRUCTION HardiPlank Type
EXTERIOR Lighting
INTERIOR Open Floorplan
LOT 3920 sq ft
LOT DESCRIPTION Landscaped, Near Public Transit, Paved
LOT DIMENSIONS 40x104
SEWER Public Sewer
SUBDIVISION PAGES REP OF MITCHELLS BEACH
TAXES 5444
UTILITIES Electricity Connected, Sewer Connected, Water Connected
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 13119 4TH STREET E
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Lorraine Valdes to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by Beverly Grace, GRACE REALTY & PROPERTY MGMT, 800-497-4072
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 3:58 PM PST.

This IDX solution is (c) Diverse Solutions 2024.