$950,000
Description
Great Investment Opportunity,. less than 1 block from the beach!!! Welcome to a rare income producing property located on the intracoastal waterway in beautiful Madeira Beach. This quadplex is a great opportunity for an investor or for someone looking to live on the water and make instant income. Occupy the unit of your choice and rent the others, or maximize your income by renting all four. Easy to rent long-term or seasonally, with a 3 month minimum rental. All unit is completely remodeled, including new stackable washer/dryer combos, elevated A/C units, water heaters, updated kitchens and bathrooms, new ceiling fans, and flooring. The two lower units did suffer flood damage and will need to be renovated. All 4 units are separately metered and tenants pay for electricity. The fishing pier was recently rebuilt and the ability to add two boat slips is there, for additional potential income. Step out of the newer hurricane impact sliding doors to view the beautiful intracoastal waterway or travel just 100 yards to sugar-sand of beautiful Madeira Beach. Conveniently located near restaurants, John's Pass Village and Boardwalk, Downtown Madeira Beach, Tom Stuart Causeway, and everything else the Gulf Beaches have to offer. Just 40 minutes' drive to Tampa International Airport and an easy drive to the Orlando theme parks. These units are a rare affordable rental on the beaches, making it easy to find tenants. Please do not walk the property or disturb the tenants without a confirmed appointment.
Listed by Michael Wyckoff, .
Property Highlights
- Property Type: Multi Family, Quadruplex
- MLS #: TB8331177
Room Information
| Total Baths | 4 |
| Total Beds | 6 |
Property Features
| Construction Materials | Block |
| Cooling | Central Air |
| Exterior Features | Balcony, Dock |
| Has View | Yes |
| Heating | Central, Electric |
| Interior Square Footage | 2,806 |
| Lot Size Acres | 0.12 |
| Lot Size Square Feet | 5,271 |
| Patio Features | Rear Porch |
| Roof | Built-Up |
| Sewer | Public Sewer |
| Stories | Two |
| Water Source | Public |
| Waterfront | Yes |
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