SUBJECT TO/CREATIVE FINANCING! Amazing 6-unit FULLY FURNISHED multifamily property in the heart of Madeira Beach. Incredible opportunity for a 1031 exchange. Situated on a DOUBLE lot with endless possibilities for adding amenities, boat parking, a pool, fire pit, beach volleyball court, amenities, and so much more. One lot consists of 6 separately metered studios and the other lot is vacant land. This is the crown jewel of any multifamily portfolio with lots of ways to add value to this already stunning property. Ability to take out the water toys on the intercostal as well as mere steps away from the sugar sand Madeira Beach and John’s Pass Village. Call today and don’t miss out on this amazing investment! Will generate income of around $144,000 per year as a seasonal rental or $126,000 per year as an annual rental. Also, owner financing available with a minimum of a $400k down payment. Please see the attached financials and creative financing options!
Property Details
Price:
$1,050,000
MLS #:
U8225132
Status:
Active
Beds:
0
Baths:
6
Address:
13207 3RD STREET E
Type:
Multi Family
Subdivision:
PAGES REP OF MITCHELLS BEACH
City:
MADEIRA BEACH
Listed Date:
Dec 31, 2023
State:
FL
Finished Sq Ft:
1,890
ZIP:
33708
Lot Size:
8,124 sqft / 0.19 acres (approx)
Year Built:
1958
Units:
6
Schools
Interior
Appliances
Cooktop, Dishwasher, Microwave, Range, Refrigerator
Cooling
Mini- Split Unit(s), Wall/ Window Unit(s)
Flooring
Vinyl
Heating
Wall Units / Window Unit
Laundry Features
None
Exterior
Construction Materials
Wood Frame
Exterior Features
Awning(s), Lighting
Other Structures
Shed(s), Storage
Roof
Shingle
Financial
Buyer Agent Compensation
2.5%-$395%
Tax Year
2022
Taxes
$9,023
Map
Community
- Address13207 3RD STREET E MADEIRA BEACH FL
- CityMADEIRA BEACH
- CountyPinellas
- Zip Code33708
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Courtesy of COMPASS FLORIDA LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 13207 3RD STREET E
MADEIRA BEACH, FL
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