$1,250,000
$1,350,000
7.4%For more information regarding the value of a property, please contact us for a free consultation.
5,233 SqFt
SOLD DATE : 12/27/2019
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,233 sqft
Price per Sqft $238
Subdivision Madeira Shores Sub
MLS Listing ID U8045775
Sold Date 12/27/19
HOA Y/N No
Year Built 1950
Annual Tax Amount $9,820
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 125x92
Property Description
Madeira "Mad" Beach and you'd be too not to take a look at this amazing opportunity with a renovated property that pulls its weight from
the moment of closing. These desirable nine units are steps to the beach, modern, maintained and manicured and have consisentently rented above average market rates. Transient licensing in place gives you the option of annual or vacation rentals. These apartments all have new kitchens, floors and electrical with all units on a master water and cable bill with tenants paying $40 per month for basic cable. Short term guests receive free WiFi with long term tenants responsible for their own internet and electricity. Units are individually metered for electricity and four units are furnished. Each unit has an assigned parking space in the front of the gated grounds. Coin laundry onsite.
Location
State FL
County Pinellas
Community Madeira Shores Sub
Direction E
Interior
Heating Electric
Cooling Mini-Split Unit(s)
Fireplace false
Exterior
Exterior Feature Other
Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected
Waterfront false
Roof Type Other
Garage false
Private Pool No
Building
Lot Size Range 1/4 Acre to 21779 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with KELLER WILLIAMS ST PETE REALTY
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