113 145 AVENUE E MADEIRA BEACH FL 33708 MLS #A4608806

113 145 AVENUE E
MADEIRA BEACH, FL, 33708
$2,950,000
Beds
0 Baths
4,792 SqFt
0.1 Acres
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This immaculate 6-unit short term vacation rental property is located in beautiful Madeira Beach, FL approximately 500 feet from the nearest beach access and a short walk or drive to shopping, dining and entertainment.

The site contains 6 fully furnished 1 bedroom, 1 bath single family units, as well as a large outdoor community space. There is a total of 2,145 sq ft of living space across 1 buildings that sit on a 0.11 acre parcel.

This rental is currently operating as a successful vacation rental property. All of the units were renovated in 2021. Renovations include new roof, new bathrooms and kitchens as well as new décor. The property is currently booked 4 months in advance. This property is primed for a new owner who wants to take over a turnkey, highly profitable investment property.

Madeira Beach stretches 2 miles along the Gulf of Mexico and is home to Pinellas County’s #1 tourist attraction, John’s Pass Village and Boardwalk, which offers shopping, dining, entertainment and night life. The St. Pete-Clearwater and Tampa International Airports are an approximate 30 minute drive and 45 minute drive respectively. Major thoroughfares provideguests direct access to other local, popular destinations such as Clearwater and downtown St. Petersburg. Madeira Beach has and will continue to benefit from the strong demand for hotels and vacation rentals in Pinellas County, which has experienced record-breaking numbers for occupancy and average daily rates over the first few months of the year.

For Financials & Offering Memorandum, please message or e-mail the listing agent Daniel Petrilla, KW On The Water Sarasota.

Property Details

Price:
$2,950,000
MLS #:
A4608806
Status:
Active
Beds:
0
Baths:
0
Address:
113 145 AVENUE E
Type:
Commercial
Subtype:
Multi Family
City:
MADEIRA BEACH
Listed Date:
Apr 27, 2024
State:
FL
Finished Sq Ft:
4,792
ZIP:
33708
Lot Size:
4,635 sqft / 0.10 acres (approx)
Year Built:
1948
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Schools

Interior

Appliances
Dishwasher, Dryer, Microwave, Refrigerator
Cooling
Central Air
Flooring
Laminate

Exterior

Construction Materials
Block
Parking Features
6 to 12 Spaces
Roof
Shingle

Financial

Buyer Agent Compensation
3%%
Tax Year
2023
Taxes
$13,625

Map

Community

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113 145 AVENUE E
MADEIRA BEACH, FL