Active

$499,900

Features:
  • 3 Bedrooms
  • 2 Bathrooms
  • 1213 sq ft
Overview
  • ID: MFRTB8384120
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 1213 sq ft
Property Details
Remarks
Own a fully licensed, income-generating property in the heart of Madeira Beach just a 5-minute walk to the beach and moments from John’s Pass Village & Boardwalk. This flexible-use property includes two updated cottages: a 1-bedroom, 1-bath and a 2-bedroom, 1-bath ideal for short-term, seasonal, or long-term rentals with no minimum rental restrictions. The property boasts a proven rental history with approx. $80,000 in annual Gross Operating Income and an average Net Operating Income of $67,000. Airbnb and Vrbo listings with 5-star reviews and guest history will transfer to the new owner, and onsite parking plus a shared guest list make this a plug-and-play opportunity in one of Florida’s most sought-after beach markets.
Financial Considerations
Price:
$499,900
HOA Fee:
N/A
Tax Amount:
$5927.45
Price per SqFt:
$412.12
Tax Legal Description:
MITCHELL'S BEACH REVISED BLK 11, LOT 15
Exterior Features
Lot Size:
4060
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Other
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
3
Bathrooms:
2
Heating:
None, Ductless
Cooling:
Ductless, Wall/Window Unit(s)
Appliances:
None
Furnished:
No
Floor:
Other
Levels:
One
Additional Features
Property Sub Type:
Single Family Residence
Style:
N/A
Year Built:
1938
Construction Type:
Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
Other
Additional Features 2:
Both structures have a Resort Dwelling-Collective license allowing for short term rentals.
Map
  • Address
    13326 1ST ST E
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