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Madeira Beach,FL 33708
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,572 sqft
Price per Sqft $298
Subdivision Mitchells Beach Rev
MLS Listing ID TB8344674
Bedrooms 2
Construction Status Fixer
HOA Y/N No
Originating Board Stellar MLS
Year Built 1959
Annual Tax Amount $7,354
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 41x104
Property Sub-Type Triplex
Property Description
An exceptional income-producing opportunity just steps from the Gulf in beautiful Madeira Beach! This triplex, featuring two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, offers strong rental potential. While the property sustained damage from Hurricane Helene, it has been verified as not substantially damaged by the municipality. The Substantial Improvement package required to pull a build back permit has already been completed by a licensed General Contractor, meaning it's fully ready for renovation and can start generating income for its new owner quickly. With alley access, six (6) off-street parking spaces, and individually metered utilities (water & electric), this property is well-positioned for a seamless rehab and rental setup. Located in very close proximity to the beach (safe, lit crossing less than a block away) and just minutes from John's Pass—Pinellas County's #1 tourist destination—this is a prime rental investment opportunity. Property Highlights Include: Triplex – Three Income-Producing Units, 1,572 SqFt of Heated Living Space, Prime Location Near the Gulf & John's Pass, Substantial Improvement Package Completed – Ready for Renovation, Individually Metered for Electric, Internet & Water, Six Parking Spaces & Alley Access, No HOA. This property is a rare find for investors looking to secure a fix-and-hold or renovate and flip in a high-demand beachside market. Don't miss out on this chance to own a prime income property in one of Florida's most sought-after coastal locations! Contact us today for more details or to schedule a showing!
Location
State FL
County Pinellas
Community Mitchells Beach Rev
Direction E
Interior
Interior Features Ninguno
Heating None,Wall Units / Window Unit
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile,Terrazzo
Furnishings Unfurnished
Fireplace false
Laundry Electric Dryer Hookup,Laundry Room,Washer Hookup
Exterior
Exterior Feature Other,Outdoor Shower
Parking Features Common,Guest,Off Street
Utilities Available BB/HS Internet Available,Cable Available,Electricity Available,Public,Sewer Available,Street Lights,Water - Multiple Meters
Roof Type Shingle
Porch Front Porch,Screened
Garage false
Private Pool No
Building
Lot Description Landscaped,Paved
Entry Level One
Foundation Concrete Perimeter,Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block,Concrete,Stucco
New Construction false
Construction Status Fixer
Schools
Elementary Schools Orange Grove Elementary-Pn
Middle Schools Seminole Middle-Pn
High Schools Seminole High-Pn
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash,FHA
Listing Terms Cash,FHA
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8344674