$1,275,000
Description
Great Investment Opportunity!!! Welcome to a rare income producing property located on the intra-coastal waterways of Madeira Beach! This quadplex is turn key for any investor or for someone looking to live on the water and make instant income. Occupy the unit of your choice and let the tenants pay your mortgage. All 4 units are currently rented out with long term tenants but have the potential for 3 month minimum rentals. Each 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. All 4 units are separately metered and tenants pay for electricity. The fishing pier was recently rebuilt and could easily be permitted for two boat slips for additional potential income. Step out of the new hurricane impact sliding doors to view the beautiful intracoastal waterways or walk 322 feet across the street to beautiful Madeira Beach. Conveniently located next to coffee shops, restaurants, John's Pass, Tom Stuart Causeway, and just minutes from the 35 miles of powdery sand beaches. Do Not Disturb Tenants! All units will be available for inspection, once under contract.Property Highlights
- Acres: 0.12
- County: Pinellas
- Year Built: 1971
- Cooling Type: Central Air
- Heating Type: Electric
- Property Type: Commercial, Quadruplex
- MLS #: U8120397
Property Features
| Appliances | Convection Oven, Cooktop, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Range, Range Hood, Refrigerator, Washer |
| Construction Materials | Block, Concrete |
| Cooling | Central Air |
| Exterior Features | Dock, Balcony, Lighting, Rain Gutters, Storage |
| Has View | Yes |
| Heating | Electric |
| Interior Features | Eat-in Kitchen, Open Floorplan |
| 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 |
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. 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. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2024 MLS GRID. All Rights Reserved.
