Active ● Multi-Family

117 140th Avenue E

Madeira Beach, FL 33708
$1,291,000
6 beds
2806 sqft
1971 built

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Listed by: Monika Krolivcova, PA 321-482-9617

COASTAL PROPERTIES GROUP INTER 321-482-9617

Source: Stellar MLS

MLS#: A4679373

Overview

One or more photo(s) has been virtually staged. * PRICED AT APPRAISED VALUE * TURNKEY ALERT * RARE OPPORTUNITY * OWN FULLY OCCUPIED, SOLID CONCRETE BLOCK, QUADRUPLEX (3,208 total SF) in the heart of MADEIRA BEACH * BOAT ACCESS TO GULF OF AMERICA * INTERCOASTAL WATERFRONT * 0.12 acre land with a BEACH right across the street * Newer SEAWALL, brand new private composite DOCK, and sturdy steps to enjoy KAYAKING and FISHING. Property recently FENCED-in with gates on each side, backyard with plenty of space. Brand new GUTTERS and exquisite PAVERS were recently installed. Each unit has its own electric meter, designated parking, private mail box, bike and canoe racks. Exterior and first-floor apartments (2/1 and 1/1) are freshly painted and went through remediating and total remodeling kitchens and bathrooms. New electrical including wiring and new plumbing throughout downstairs units including new water heaters, also new CPVC pipes, valves, outside copper pipes, ball & pressure valves. New duct work in unit A and all 4 HVAC systems inspected along with the roof. Everything was permitted and inspected by the City of Madeira Beach and all permits are closed. Identical layouts and sizes of the apartments upstairs (updated 2021). Downstairs apartments with timeless TERRAZZO floors throughout, spacious living/dining room, large double pane sliding doors, and brand new windows with direct WATER VIEWS, privacy blinds, and open covered patio to relax or entertain with friends and family. Modern new kitchen with GRANITE countertops, WOOD cabinets, matching brand STAINLESS steel appliances (under the WARRANTY), including a side-by-side refrigerator with ice maker and water dispenser, stove and over-the-range microwave, and a rare to find WASHER/DRYER inside each unit. Very well-maintained property, centrally located with PUBLIC BEACH ACCESS across the street, along with shops and Florida beach authentic bars and restaurants around the corner, such as MadBeach Poke Bowls, Corner Kitchen & Coffee House, and Caddy's directly on the beach, to name a few. Only 1 mile to popular JOHNS PASS Village & Boardwalk, MARINA, and PARK. About 2 miles over the DRAWBRIDGE to the shopping plaza with major supermarkets, retail stores, and restaurants. St. Petersburg COLLEGE Bay Pines STEM Center; Madeira Beach FUNDAMENTAL Elementary School; VA BAY PINES and VA MEDICAL Center with access to trails through WAR VETERANS MEMORIAL PARK and 4 miles to popular PINELLAS TRAIL to enjoy endless BIKE rides. Public transportation is close by for an easy commute. Schedule a showing to see this great income generating property and start living your FLORIDA INVESTOR/LANDLORD DREAM!

Property Type: Quadruplex

Price: $1,291,000

Price / Sq Ft: $460

Year Built: 1971

Bedrooms: 6

MLS #: A4679373

Sq Ft: 2,806

Days On Market: 125

Status: Active

Exterior

Road Surface: Asphalt

Roof: Built-Up

Foundation: Slab

Construction Materials: Block, Concrete

Interior

Flooring: Terrazzo

Heating: Central, Electric

Cooling: Central Air

Appliances: Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer

Interior Features: Ceiling Fan(s)

Lot Information

Acres: 0.12

Square Feet: 5,271

View: Water

HOA / Financial Information

Annual Taxes: 12,800

Tax Year: 2024

Area Information

Address: 117 140TH AVENUE E

City: MADEIRA BEACH

Zip: 33708

County: Pinellas

Subdivision: GULF SHORES 3RD ADD REP

Area: 33708 - St Pete/Madeira Bch/N Redington Bch/Shores

Directions: Driving N on Gulf Blvd, right on 140th Ave E, Property will be on your right.

School Information

High School: Seminole High-PN

Middle Or Junior School: Seminole Middle-PN

Elementary School: Orange Grove Elementary-PN

More Facts And Features

Parking Features: Assigned, Driveway, Parking Pad

Sewer: Public Sewer

Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected

Water: Public

Waterfront Features: Canal - Saltwater, Intracoastal Waterway

Water Body Name: BOCA CIEGA BAY

Laundry Features: Inside, Laundry Closet

Exterior Features: Balcony, Permeable Paving, Private Entrance, Private Mailbox, Private Yard, Rain Gutters, Sliding Doors

Security Features: Security Lights, Smoke Detector(s)

Window Features: Blinds, Double Pane Windows

Patio And Porch Features: Covered, Rear Porch