Active

$650,000

Features:
  • 0 Bedrooms
  • 6 Bathrooms
  • 1840 sq ft
Overview
  • ID: MFRTB8317061
  • Bedrooms: 0
  • Bathrooms: 6
  • Size: 1840 sq ft
Property Details
Remarks
FLOODED FROM HELENE. BEST MULTIFAMILY DEAL ON THE MARKET!! HUGE DISCOUNT!!! 6-unit 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, lots of OWNER FINANCING/SUBJECT TO FINANCING OPTIONS.
Financial Considerations
Price:
$650,000
HOA Fee:
N/A
Tax Amount:
$10148.15
Price per SqFt:
$353.26
Tax Legal Description:
PAGE'S REPLAT OF MITCHELL'S BEACH BLK J, LOTS 2 AND 3
Exterior Features
Lot Size:
8124
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
0
Bathrooms:
6
Heating:
Wall Units / Window Unit
Cooling:
Mini-Split Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
One
Additional Features
Property Sub Type:
Multi-Family
Style:
N/A
Year Built:
1958
Construction Type:
Wood Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
Lighting
Additional Features 2:
N/A
Map
  • Address
    13207 3RD ST E
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