Active

$475,000

Features:
  • 3 Bedrooms
  • 3 Bathrooms
  • 1516 sq ft
Overview
  • ID: MFRU8251467
  • Bedrooms: 3
  • Bathrooms: 3
  • Size: 1516 sq ft
Property Details
Remarks
Triplex Opportunity in Prime Madeira Beach Location! This property was previously remodeled but was recently affected by Hurricane Helene, and unfortunately, everything has been lost. The sellers are offering it as-is at an incredible price, making it a rare opportunity for buyers to either rebuild or completely customize. Property Details: • Layout: 1,516 SF with three 1-bedroom, 1-bath units. • Garage & Laundry: Includes a 1-car garage and coin-operated laundry. Prime Location: • Just a 10-12 minute walk to Madeira Beach. • Close to John’s Pass Village, Elks Lodge, Town Center Marina, restaurants, bars, and Madeira Beach ROC. The property had undergone extensive modern updates in 2024, including new windows, ceramic tile flooring, stylish kitchens with granite countertops, stainless appliances, remodeled bathrooms, new doors, light fixtures, and AC units—all just a year old. Freshly painted inside and out, these features may still be salvageable, giving new owners the option to incorporate them into their restoration plans. Whether you choose to restore or start fresh, this property offers a fantastic location near the beach and endless potential. Contact us today for more details!
Financial Considerations
Price:
$475,000
HOA Fee:
N/A
Tax Amount:
$7526
Price per SqFt:
$313.32
Tax Legal Description:
GULF SHORES 6TH ADD REPLAT BLK X, LOT 5
Exterior Features
Lot Size:
7693
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
Off Street
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
3
Heating:
Electric, Wall Units / Window Unit
Cooling:
Wall/Window Unit(s)
Appliances:
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Furnished:
Yes
Floor:
Ceramic Tile
Levels:
One
Additional Features
Property Sub Type:
Triplex
Style:
N/A
Year Built:
1948
Construction Type:
Block
Garage Spaces:
Yes
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
Yes
Special Condition:
None
Additional Features:
Garden, Lighting
Additional Features 2:
City of Madeira Beach 727-391-9951
Map
  • Address
    24 LYNN WAY
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
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