Property Attributes
- MLS#U8232330
- TypeIncome
- CountyPINELLAS
- CityMADEIRA BEACH
- AreaSt Pete-Madeira Bch-N Redington Bch-Shores
- NeighborhoodGulf Shores 1St Add
- Zip33708
- StyleTriplex
- Year Built1945
- Taxes$ 9562
- Price$ 1,250,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2700
- Lot Size0.14 Acres
Data Source:
Stellar MLS
Property Description
Welcome to your coastal paradise * MOTIVATED SELLERS* This breathtaking Madeira Beach triplex is a rental investor's dream, offering an exceptional blend of luxurious living, beachside convenience, and lucrative income potential. Positioned just a short stroll from the beach, this property presents an ideal backdrop for those seeking the ultimate sun-soaked lifestyle combined with unique rental opportunities. Atop the triplex, a spacious 4-bedroom, 2-bathroom unit awaits, catering perfectly to families in search of a cozy retreat. Meanwhile, the ground floor features two distinct one-bedroom units, each complete with its own bathroom and laundry. This versatile arrangement opens doors to various possibilities, whether accommodating extended family, generating rental income, or creating a dedicated home office space. The highlight of the property is the inviting pool, setting the stage for a resort-like ambiance where tenants can relax and soak up the sun. This triplex isn't just a residence; it's a complete lifestyle package, offering the perfect fusion of solitude, amenities, and rejuvenation. Currently, the bottom two units are leased on annual terms, while the top unit serves as a seasonal rental. With a robust rental history and the potential for lucrative short-term rental income, this property presents an enticing investment opportunity. Don't miss your chance to own this exceptional property that seamlessly marries the tranquility of beach living with the allure of a meticulously designed home, all while offering unparalleled rental potential.
Price History | |
---|---|
2/29/2024 | Listed $1,400,000 |
3/28/2024 | 4% - $1,350,000 |
4/13/2024 | 8% - $1,250,000 |
General Features
Interior Features | Ceiling Fan(s),Kitchen/Family Room Combo,Living Room/Dining Room Combo,Open Floorplan,Thermostat,Walk-In Closet(s) |
---|---|
Sewer | Public Sewer |
Heating | Central |
Cooling | Central Air |
Utilities | Public |
Roof | Shingle |
Exterior Features | Fenced,Outdoor Grill,Outdoor Shower,Private Mailbox,Rain Gutters,Storage |
Pool Features | In Ground,Outside Bath Access |
Construction Materials | Block,Wood Frame |
Pets Allowed | Yes |
Year Built | 1945 |
Property SubType | Triplex |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
County | Pinellas |
New Construction | No |
Property Type | Residential Income |
HOA / Comm Assn | No |
Subdivision Name | GULF SHORES 1ST ADD |
Garage Y/N | No |
Status | Active |
Directions | Gulf Blvd,E on 141st,N on Bayshore |
ModificationTimestamp | 2024-05-19T19:05:16.740Z |
City | MADEIRA BEACH |
Buyer Agent Compensation | 2%-375 |
Disclosures | Lead Paint,Seller Property Disclosure |
View Y/N | No |
Senior Community Y/N | No |
NumberOfUnitsTotal | 3 |
MLS Area | 33708 - St Pete/Madeira Bch/N Redington Bch/Shores |
Lot Size Units | Square Feet |
Lot Size Square Feet | 6000 |
Waterfront Y/N | No |
Carport Spaces | 4 |
Carport Y/N | Yes |
Land Lease Y/N | No |
Tax Annual Amount | 9562.7 |
Additional Parcels Y/N | No |
Lease Considered Y/N | No |
Virtual Tour | https://www.zillow.com/view-imx/fb3dd36d-2d1c-4030-9e3d-bc5011e3fc75?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard |
Days on Market | 80 |
Building Area Units | Square Feet |
Living Area Units | Square Feet |
Standard Status | Active |
Tax Lot | 0170 |
Total Actual Rent | 8250 |
Legal Description | GULF SHORES 1ST ADD BLK F,LOT 17 & S 1/2 OF LOT 18 |
Water Access Y/N | No |
Water View Y/N | No |
Flood Zone Code | AE |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Heating Y/N | Yes |
Fireplace Y/N | No |
Laundry Features | Inside,Outside |
LivingAreaSource | Public Records |
Exterior Features
Water Source | Public |
---|---|
Lot Size Area | 6000 |
Foundation Details | Slab,Stilt/On Piling |
Number of Buildings | 1 |
Building Area Total | 3756 |
Lot Size Acres | 0.14 |
Road Surface Type | Asphalt,Paved |
Covered Spaces | 4 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool