Active

13207 3RD ST E

MADEIRA BEACH FL, 33708

$800,000


$434.78 per sqft

Active

36 Baths

1,840 sqft

Multi-family

Built in 1958

FLOODED FROM HELENE. BEST MULTIFAMILY DEAL ON THE MARKET!! HUGE DISCOUNT!!! 6-unit multifamily property in the heart of Madeira Beach. Incredible opportunity for a 1031 exchange. Situated on a DOUBLE lot with endless possibilities for adding amenities, boat parking, a pool, fire pit, beach volleyball court, amenities, and so much more. One lot consists of 6 separately metered studios and the other lot is vacant land. This is the crown jewel of any multifamily portfolio with lots of ways to add value to this already stunning property. Ability to take out the water toys on the intercostal as well as mere steps away from the sugar sand Madeira Beach and John's Pass Village. Call today and don't miss out on this amazing investment! Will generate income of around $144,000 per year as a seasonal rental or $126,000 per year as an annual rental. Also, lots of OWNER FINANCING/SUBJECT TO FINANCING OPTIONS.

TB8317061

MLS ID

November 1, 2024

Listed

November 22, 2024

Updated

Map

13207 3RD ST E
MADEIRA BEACH FL, 33708

Interior Features

Total Stories

1


Total Bathrooms

36


Interior Features

Ceiling Fans(s), Open Floorplan


Laundry Description

None


Fireplace

No


Cooling

Yes


Cooling Description

Mini-Split Unit(s)


Heating

Yes


Heating Description

Wall Units / Window Unit

Exterior/Building Features

Lot Size

0.19 Acres


Exterior Features

Lighting


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

33708 - St Pete/Madeira Bch/N Redington Bch/Shores


Taxes

$10,148


Tax Frequency

Annually


Association Fee Frequency

Monthly


Garage

No


View

No


County

Pinellas


Municipality

31


Water Source

Public


Pool

No

Listed by COMPASS FLORIDA LLC
Listing Contact: 727-339-7902 

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Data last updated 11/22/2024, 8:03 AM UTC

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