Price Reduced 2.57%

$759,000 ($596.23 per sqft)

Est. Mortgage $4,091/mo *

Quick Pre-Approval

Price History

$779,000
10/25/2023

$759,000
11/30/2023


13119 4TH STREET E, Madeira Beach, FL, 33708

13119 4TH STREET E, Madeira Beach, FL, 33708

0 beds

1945

1,273 sqft

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!


Status:

Active

Type:

Multi-family

Laundry Remarks:

Laundry Closet, Outside

Units:

4

Subdivision:

PAGES REP OF MITCHELLS BEACH

Heating:

Wall Units / Window Unit

Cooling:

Wall/Window Unit(s)

Lot Size:

40x104

Acreage:

0.09

Est. Taxes:

$4,898

Construction

Wood Frame

Utilities

Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

Lot Description:

Flood Insurance Required, FloodZone, Near Public Transit

Elementary School:

Orange Grove Elementary-PN

Middle School:

Seminole Middle-PN

High School:

Seminole High-PN

Days on Market:

36

Appliances:

Dryer, Range, Refrigerator, Washer

Lease Term Type:

12 Months

MLS #:

U8218713


Community Info

School Info

Walk Score

Yelp



Listing courtesy of GRACE REALTY & PROPERTY MGMT Phone: 800-497-4072