Tap to see more photos
Lot Sale Pending
13207 3RD STREET E
Madeira Beach, Florida 33708
Pinellas CountyCommunity: PAGES REP OF MITCHELLS BEACH
$1,050,000
0.190 acres
Under contract-accepting backup offers. SUBJECT TO/CREATIVE FINANCING! Amazing 6-unit FULLY FURNISHED 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. Will generate income of around $144,000 per year as a seasonal rental or $126,000 per year as an annual rental. Also, owner financing available with a minimum of a $400k down payment. Please see the attached financials and creative financing options!
- Lot Size: 0.190 acre
- Lot Dimensions:
- View Types:
- Property Taxes: $9,023
- MLS #: U8225132
Ad Number: 4778414
Viewed 11 times.
Updated: Apr 02, 2024
This property is a Lot located at 13207 3RD STREET E, Madeira Beach, Florida 33708, and is currently Sale Pending at $1,050,000.
Listing Agent: Zach Steinberger, Compass, 941-539-7253, 727-339-7902
Listing Site, Listing Status: Pending
Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.