13119 4th E Street, Madeira Beach, Florida 33708

  • $749,900
  • $774,000

Overview

Property ID: HZU8218713
  • Quadruplex, Residential Income
  • Property Type

Description

PRICE REDUCED — Charming 4-Plex in Prime Madeira Beach Location Welcome to this fantastic investment opportunity in the heart of Madeira Beach! This well-maintained 4-plex offers a blend of two cozy efficiencies and two spacious one-bedroom, one-bathroom units. Boasting an unbeatable location, this property is less than a mile from the vibrant John’s Pass and a mere half-mile from convenient public beach access. Key Features: Unit Composition: This 4-plex comprises two efficiently designed studios and two comfortable one-bedroom apartments. Prime Location: Nestled in the heart of Madeira Beach, residents enjoy easy access to the bustling John’s Pass, renowned for its shopping, dining, and entertainment options. With public beach access just a short stroll away, sand and surf enthusiasts will delight in the convenience. Occupancy Status: Currently, all units are occupied, ensuring steady rental income. Leases are set to conclude in the spring of 2024, providing flexibility for potential adjustments. Value Enhancement Opportunity: Rents are currently positioned at a competitive but conservative level, offering room for potential improvement. A savvy investor can optimize returns by adjusting rental rates in line with market trends. Additional Amenities: Dedicated parking spaces for each unit Coin operated laundry Landscaped grounds for a serene atmosphere Investment Potential: With its unbeatable location, solid occupancy rate, and the potential for increased rental income, this 4-plex presents an exceptional opportunity for both seasoned investors and those looking to enter the rental property market. Don’t miss out on this chance to own a piece of Madeira Beach’s vibrant real estate landscape. Schedule a viewing today to explore the full potential of this investment property!

  • Address: 13119 4TH E STREET
  • City: Madeira Beach
  • State/county: FL
  • Zip/Postal Code: 33708
  • Country: US

Details

Updated on December 1, 2024 at 5:47 am
  • Property ID HZU8218713
  • Price $749,900
  • Land Area 0.09 Acres
  • Year Built 1945
  • Property Type Quadruplex, Residential Income
  • Property Status Expired

Additional details

  • Listing Terms Cash, Conventional
  • Roof Shingle
  • Utilities Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • Heating Wall Units / Window Unit
  • County Pinellas
  • Property Type Residential Income
  • Elementary School Orange Grove Elementary-PN
  • Middle School Seminole Middle-PN
  • High School Seminole High-PN

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Jamie Stevens

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