Great Investment Opportunity for the right buyer! This duplex property sits on 104x70 foot lot across the street from Boca Ceiga Bay and just blocks from the Gulf of Mexico making it the ideal tear-down and rebuild for luxury duplex. While the structure was originally built in 1949 and offered two spacious 1 bed / 1 bath units with nice fenced in yard space, it has been damaged by recent hurricanes. Sellers make no warranties of the property and buyer use due diligence. The property is now best positioned as a redevelopment or major renovation opportunity in a highly desirable coastal market of Madeira Beach. Zoned Multi-Family on a lot-and-a-half, offering more space to create your own Florida Paradise!
Financial Considerations
Price:
$485,000
HOA Fee:
N/A
Tax Amount:
$7942.46
Price per SqFt:
$342.76
Tax Legal Description:
MADEIRA SHORES 1ST ADD LOT 55 & SW'LY 26 FT OF LOT 56 & NE'LY 26 FT OF LOT 54
Exterior Features
Lot Size:
7279
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Tile
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
1
Bathrooms:
1
Heating:
Central
Cooling:
Central Air
Appliances:
None
Furnished:
Yes
Floor:
Tile
Levels:
One
Additional Features
Property Sub Type:
Half Duplex
Style:
N/A
Year Built:
1949
Construction Type:
Block
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
Northwest
Pets Allowed:
No
Special Condition:
None
Additional Features:
Storage
Additional Features 2:
Property cannot be leased or lived in in the current condition. Check with The City of Madeira Beach to verify all leasing restrictions.