Madeira Beach - Beach Property For Sale #6734982

Under contract-accepting backup offers. Prime Investment Opportunity in Madeira Beach -- Only one block from the beach!
This solid concrete block duplex features two income-producing units -- a 2-bedroom, 1-bath (805 sq. ft.) and a 1-bedroom, 1-bath (594 sq. ft.) -- each with individually metered utilities and endless potential. With transferable flood insurance and FEMA appraisal confirming the property was not substantially damaged, this property is well positioned for a seamless rehab and rental setup. The 2/1 unit has the potential to bring in $2,400 a month and the 1/1 unit $2,000 a month for a total of $52,800 in annual gross income.
The property includes 4 off-street parking spaces, shared laundry (another possible revenue stream), and a location that can't be beat -- one block from the beach, less than 0.2 miles to shops, convenience stores, and dining, and just 1.5 miles to John's Pass, offering waterfront dining, live entertainment, boutique shops, boating, dolphin tours, deep-sea fishing, and water-sports galore.
Whether you're looking to flip, hold, or expand your beach rental portfolio, this investment has the potential to generate exceptional returns and deliver the ultimate Florida lifestyle.
Opportunities like this don't last long -- secure your piece of paradise today!