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$849,000

Est. payment - /mo

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4 Beds

4 Baths

1,936 SqFt

Pending

13136 4TH ST E Madeira Beach, FL 33708

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Morgan Ellis

morgan@abetterliferealty.com +1(727) 521-7378

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,936 sqft

Price per Sqft $438

Subdivision Pages Replat Of Mitchells Beach

MLS Listing ID TB8473974

Bedrooms 4

HOA Y/N No

Year Built 1948

Annual Tax Amount $11,880

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 120.0X104.0

Property Sub-Type Quadruplex

Source Stellar MLS

Property Description

Under contract-accepting backup offers. Great investment opportunity! This rare and exceptional 4-plex property sits on three contiguous lots totalling 104x120 square feet, making it one of the few parcels over 1/4 of an acre for sale from St Pete Beach to Clearwater Beach. Prime location in the highly desirable coastal market of Madeira Beach and only a few blocks from the Gulf of Mexico and John's Pass Village & Boardwalk. a popular tourist destination with over 100 merchants, including unique boutiques and waterfront restaurants, and full-service marina. The property consists of four tropical-themed one-bedroom, one-bath cottages thoughtfully arranged around a spacious courtyard. Amenities include a gated in-ground swimming pool and spa, two grilling stations, and 4 dedicated storage sheds. The cottages have undergone full remediation and are delivered as a blank canvas, providing the new owner the opportunity to implement custom interior finishes or redevelop as single families or townhomes. The pool and spa have been drained, professionally restored, and are continuously operating. The property had been successfully used as a rental since 2011, and it received a "not substantially damaged" determination from the City of Madeira Beach. This offering presents compelling value-add potential through continued rental operations or strategic repositioning and redevelopment to capitalize on the site's underlying land value and prime coastal location. This unique property won't last long!
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Buyer and Buyer's agent are responsible for conducting their own due diligence with the City of Madeira Beach regarding zoning, permitted uses, and any development restrictions.

Location

State FL

County Pinellas

Community Pages Replat Of Mitchells Beach

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

Zoning R2

Direction E

Interior

Interior Features Ninguno

Heating None

Cooling None

Fireplace false

Laundry None

Exterior

Exterior Feature Fence, Outdoor Grill

Parking Features Off Street, Oversized

Pool Gunite, Heated, In Ground

Utilities Available BB/HS Internet Available, Cable Available, Public, Sewer Connected, Water Connected

Roof Type Shingle

Garage false

Private Pool Yes

Building

Lot Description FloodZone, City Limits, Level, Paved

Foundation Pillar/Post/Pier

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water Public

Structure Type Block,Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8473974

Listed by Jan Adams LUXURY & BEACH REALTY INC

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Morgan Ellis

Broker | License ID: BK3246748

+1(727) 521-7378

13136 4TH ST E Madeira Beach, FL 33708

Morgan Ellis

Key Details

Location

Interior

Exterior

Building

Others

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13136 4TH ST E