$749,900 for Sale
13119 4th street , madeira beach, FL 33708
| Beds 0 | Baths 0 | 1,273 Sqft | 0.09 Acres |
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Property Description
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!
General Information
Sale Price: $749,900
Price/SqFt: $589
Status: Active
MLS#: U8218713
City: madeira beach
Post Office: madeira beach
Schools: seminole high-pn
County: Pinellas
Subdivision: pages rep of mitchells beach
Acres: 0.09
Lot Dimensions: 40 x 104
Bedrooms:0
Bathrooms:0
House Size: 1,273 sq.ft.
Acreage: 0.09 est.
Year Built: 1945
Property Type: Quadruplex
Style:
Features & Room Sizes
Paved Road: Paved, Asphalt
Garage: No
Construction: HardiPlank Type, Wood Frame
Exterior Misc: Lighting
Basement: No
Foundation : Slab
Appliances: Dryer, Range, Refrigerator, Washer
Cooling: Wall/Window Unit(s)
Heating: Wall Units / Window Unit
Waste: Public Sewer
Watersource: Public
Tax, Fees & Legal
Est. Summer Taxes: $0
Est. Winter Taxes: $5,444
Legal Description: PAGE'S REPLAT OF MITCHELL'S BEACH BLK Q, LOT 3
Information provided by My Florida Regional MLS DBA Stellar MLS, Copyright 2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Beverly Grace of GRACE REALTY & PROPERTY MGMT, Phone: 800-497-4072
