$779,000 $4,423 est/mo Sourced by Back At You

13119 4th St E,MADEIRA BEACH, FL 33708

MADEIRA BEACH FL, 33708

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Description

Charming 4-Plex in Prime Madeira Beach Location Welcome to this fantastic investment opportunity in the heart of Madeira Beach! This well-maintained 4-plex offers a blend of two cozy efficiencies and two spacious one-bedroom, one-bathroom units. Boasting an unbeatable location, this property is less than a mile from the vibrant John's Pass and a mere half-mile from convenient public beach access. Key Features: Unit Composition: This 4-plex comprises two efficiently designed studios and two comfortable one-bedroom apartments. Prime Location: Nestled in the heart of Madeira Beach, residents enjoy easy access to the bustling John's Pass, renowned for its shopping, dining, and entertainment options. With public beach access just a short stroll away, sand and surf enthusiasts will delight in the convenience. Occupancy Status: Currently, all units are 100% occupied, ensuring steady rental income. Leases are set to conclude in the spring of 2024, providing flexibility for potential adjustments. Value Enhancement Opportunity: Rents are currently positioned at a competitive but conservative level, offering room for potential improvement. A savvy investor can optimize returns by adjusting rental rates in line with market trends. Additional Amenities: Dedicated parking spaces for each unit Coin operated laundry Landscaped grounds for a serene atmosphere Investment Potential: With its unbeatable location, solid occupancy rate, and the potential for increased rental income, this 4-plex presents an exceptional opportunity for both seasoned investors and those looking to enter the rental property market. Don't miss out on this chance to own a piece of Madeira Beach's vibrant real estate landscape. Schedule a viewing today to explore the full potential of this investment property!

Details

MLS#U8218713
Listing TypeFor Sale
StyleTown House
Sub-TypeFor-sale
StatusActive
Year1945
Days On Site212
Listing Provided ByGRACE REALTY & PROPERTY MGMT | Beverly Grace

Features

SQ Feet1,273
Units4
Acreage0.09

Market Activity 33708

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of May 23, 2024 at 8:08:52 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Listings Checked: 7 hours ago
StateFL
CountyPinellas
CityMADEIRA BEACH
Zip Code33708
Area33708 St Pete | Madeira Bch | N Redington Bch | Shores
Community NamePAGES REP OF MITCHELLS BEACH
School DistrictSeminole High-PN
Elementary SchoolOrange Grove Elementary-PN
Middle SchoolSeminole Middle-PN
High SchoolSeminole High-PN
Listing VS Median (in PAGES REP OF MITCHELLS BEACH)
Price:
$779,000
low | high
Med:
$864,900
38.973042362003% of Average
SqFt:
1,273
low | high
Med:
1,413
39.002356637863% of Average
$ / SqFt:
$612
low | high
Med:
$612
49.973590181762% of Average
On Site:
212
low | high
Med:
9.000000
100% of Average
Sourced by Back At You
Listing Updated: May 6, 2024 at 5:54:55 PM PDT