Investor & Developer Alert! This rare Madeira Beach triplex presents an incredible value-add or redevelopment opportunity on a large corner lot just steps from the water. Featuring a 3/2 upstairs with water views, plus a 2/1 and 1/1 downstairs, this property offers multiple income streams and high rental demand in… Read More a sought-after beach community. While the downstairs units were impacted by recent storms, the upstairs remains intact, providing an immediate rental option while you plan your next move. Whether you renovate, hold for cash flow, or redevelop, the potential is limitless. Additionally, short-term seasonal rentals (3-month minimum) are allowed, making this an excellent option for snowbirds and vacation renters looking for extended stays. Located in the heart of Madeira Beach, a top destination for tourists and locals alike, this property offers unmatched privacy with a lush tree-lined courtyard while being moments from John’s Pass, pristine beaches, and entertainment. Unique properties like this don’t last—seize the opportunity today! Read Less
Courtesy of COASTAL PROPERTIES GROUP INTER 813-553-6869
Listing Snapshot
Days Online
69
Last Updated
Property Type
Triplex
Square Ft.
2,016
Lot Size
0.15 Acres
Year Built
1947
MLS Number
TB8358589
30 Days Snapshot Of 33708
$625k
-10%
(avg) sold price
35
-33%
homes sold
94
+51%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Living Area Meters: 187.29, Total Number of Buildings: 2, Unit Count: 3, Building Area Total: 2016, Building Area Units: Square Feet, Construction Materials: "Block", Living Area: 2016, Number Of Units Total: 3, Year Built: 1947
Expenses
Total Monthly Expenses: $12,000
Water Features
Water View: Gulf/Ocean - Partial
Lot
Lot Size Square Meters: 613, Total Acreage: 0 to less than 1/4, 0.21 acres, 6600 square feet, Number Of Lots: 1
Property Access
Road Surface: "Asphalt"
Appliances & Equipment
Appliances: "Range", "Refrigerator"
Cooling
Cooling: "Wall/Window Unit(s)"
Exterior Features
Exterior Features: "Fence"
Foundation
Foundation Details: "Block"
Garage
Garage Spaces: 2
Heating
Heating: "Ductless"
Income
Gross Income: 74000
Interior Features
Interior Features: "Window Treatments"
Laundry
Laundry Features: "In Garage"
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Utilities
Utilities: "Electricity Connected", "Sewer Connected", "Water Connected", Water Source: "Public"
Windows
Window Features: "Blinds"
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