14909 1st Street E, Madeira Beach, FL 33708

Description

One or more photo(s) has been virtually staged. Searching for that Special Beach House or a GREAT Investment? Your search is over! This is not your typical residential Madeira Beach "Florida" style duplex. It lives more like two or three separate single-family homes. TWO - THREE HOMES FOR THE PRICE OF ONE! Each home has its own unique personality. The 1st. St. E SIDE is 2 bedroom, 1 bath, full kitchen dining/living room combo, inside washer & dryer residence with a charming and casual Classic Beach Vibe. Fully Updated with Brand new hurricane windows, Newer Kitchen and appliances, fully updated Bathroom, New Flooring and Paint, 2022 A/C unit, new underground service and meter. Neutral color pallet great for rentability. This unit is rented (9-28-2022) for $2100 per month, and based on market rents, could bring closer to $2250. (Stated Income above is based on 1st. St. E unit rented and owners personal use of N Bayshore Dr. 2 story unit) The N Bayshore Dr. residence is designed like a Custom High-End Home. In 2017 a second floor Sip Insulated Panel (Foam filled Aluminum Sheeting - Fireproof / High energy efficiency) addition was added to this unit, giving flexibility in having a second floor owners suite and renting out the first floor for income or keeping the entire 3/2 home as one high end beach home. This full unit accommodates 6 double beds. The first floor is identical layout to the 1st. St. E home, consisting of 2 bedroom, 1 bath, full updated kitchen, dining/living room combo, inside washer & dryer and a back porch with fire pit feature for relaxing. There is a bright and beautiful interior staircase leading to the second floor of this home, where you have a large living room (bonus room), kitchenette, dining, large bedroom, full bathroom and covered porch over-looking the Water! There The rich opulent tones of the color palate create a warm and soothing living environment. This home could triple the rent of the front unit, which makes this a true cash cow. Great area to gather your multi-family portfolio and have your own beach home. This location offers a walkability factor like no other! A 5 min walk Directly across Gulf Blvd. is the Public Beach Access leading you to the Beautiful Sandy Madeira Beach. Just a short walk are the New Cambria Hotel and New Development, Grocery Store, Thai food, Sushi, Seafood, BBQ, The Candy Kitchen, Saltwater Hippie Beach Bar, Smugglers Cove Golf Adventure, Public Library, Beach Yoga, Shopping, and much more. And if the Location couldn’t get any better, you are a block off of the Tom Stuart CSWY for easy travel directly to Hwy 275 and TIA.

Listed by Mari Beth Rainwater, .