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$2,500,000
-
beds
-
baths
7,476
sqft
For Details, Contact
Sea Glass Florida Properties

Description

Unlimited earning opportunities are on the horizon when you invest in this rare waterfront property in gorgeous Madeira Beach. Let your imagination run wild as you renovate the existing 8-unit residential complex into vacation rentals or start fresh and rebuild your waterfront dream. The 8 units consist of 5 2bd/2ba, 2 1bd/1ba, & 1 2bd/1ba and all units are individually metered keeping operating expenses super low. Upgrades include new impact windows & storm shutters. The C-3 zoning, and 10,000 square feet of land allows you build a vacation, residential, or commercial structure up to 44 ft tall. This rare offering is situated in one of Pinellas County’s most popular tourist destinations. The property’s deep-water dock not only offers a great place to fish or watch the dolphins passing by, it could generate additional income as boat slips, or water sport rentals for guests. Imagine the unlimited revenue potential in offering lower-level restaurants and shops as visitors relax above in their new guest suites. There truly are endless opportunities in the ideal zoning of this desirable location. Close to John’s Pass, the barrier beaches, and trolley transport, this area is a tourist’s dream. Get ready to make those investment dreams come true and cash in on Florida’s million-dollar tourist revenue.

Property Highlights

  • Acres: 0.23
  • County: Pinellas
  • Year Built: 1970
  • Cooling Type: Central Air
  • Heating Type: Central, Electric
  • Property Type: Commercial, Multi Family
  • MLS #: U8146958

General Information

Area 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Property Subtype Commercial Sale
Property Type Multi Family
Taxes $15,683
Utilities Electricity Available, Water Connected

Property Features

Appliances Dishwasher, Microwave, Refrigerator
Construction Materials Block, Stucco, Vinyl Siding
Cooling Central Air
Exterior Features Dock
Has View Yes
Heating Central, Electric
Interior Square Footage 7,476
Lot Size Acres 0.23
Lot Size Dimension 100x100
Lot Size Square Feet 10,001
Roof Built-Up
Sewer Public Sewer
Stories Two
Water Source Public
Waterfront Yes
$2,500,000
-
beds
-
baths
7,476
sqft
For Details, Contact
Sea Glass Florida Properties
St. Pete Beach, FL
Madeira Beach
Price Range
$270K-$4.4M
Madeira Beach With its pristine beaches, turquoise waters, and stunning sunsets, Madeira Beach offers endless opportunities for outdoor enjoyment and relaxation. The vibrant community of Madeira...
Location
15301 2nd Street E, Madeira Beach, FL 33708 Driving Directions
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Listed by Dave Doherty, Tom Tucker Realty.
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