113 145th Avenue

Madeira Beach, FL 33708

$2,950,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This immaculate 6-unit short term vacation rental property is located in beautiful Madeira Beach, FL approximately 500 feet from the nearest beach access and a short walk or drive to shopping, dining and entertainment. The site contains 6 fully furnished 1 bedroom, 1 bath single family units, as well as a large outdoor community space. There is a total of 2,445 sq ft of living space across 1 buildings that sit on a 0.11 acre parcel. This rental is currently operating as a successful vacation rental...This immaculate 6-unit short term vacation rental property is located in beautiful Madeira Beach, FL approximately 500 feet from the nearest beach access and a short walk or drive to shopping, dining and entertainment. The site contains 6 fully furnished 1 bedroom, 1 bath single family units, as well as a large outdoor community space. There is a total of 2,445 sq ft of living space across 1 buildings that sit on a 0.11 acre parcel. This rental is currently operating as a successful vacation rental property. All of the units were renovated in 2021. Renovations include new roof, new bathrooms and kitchens as well as new décor. The property is currently booked 4 months in advance. This property is primed for a new owner who wants to take over a turnkey, highly profitable investment property. Madeira Beach stretches 2 miles along the Gulf of Mexico and is home to Pinellas County's #1 tourist attraction, John's Pass Village and Boardwalk, which offers shopping, dining, entertainment and night life. The St. Pete-Clearwater and Tampa International Airports are an approximate 30 minute drive and 45 minute drive respectively. Major thoroughfares provideguests direct access to other local, popular destinations such as Clearwater and downtown St. Petersburg. Madeira Beach has and will continue to benefit from the strong demand for hotels and vacation rentals in Pinellas County, which has experienced record-breaking numbers for occupancy and average daily rates over the first few months of the year. For Financials & Offering Memorandum, please message or e-mail the listing agent Daniel Petrilla, KW On The Water Sarasota.

Property Details for 113 145th Avenue

Township
31
Waterfront
No

Location

Listing Courtesy of KELLER WILLIAMS ON THE WATER S, Daniel Petrilla
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LISTING UPDATED: 04/29/2024 01:54 PM

Property Details for 113 145th Avenue

StatusActive
MLS #A4608806
Days on Market22
Taxes$13,625 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family
Year Built1948
Lot Size0.11 AC / 4,635 SF
CountyPinellas County

Location

Listing Courtesy of KELLER WILLIAMS ON THE WATER S, Daniel Petrilla
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Building Information for 113 145th Avenue

Stories-Residences6Year Built1948Building Size-Lot Size0.11 AC / 4,635 SF

Payment Calculator

$17,235 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,099

Property Taxes

$1,135

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 113 145th Avenue

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 4792.0
  • Building Area Units: Square Feet
  • Directions: /
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Road Frontage Type: City Street, Other
  • Subdivision Num: 54306
  • Unit Number: No
  • Street Number: 113
  • Street Name: 145
  • Street Suffix: AVENUE
  • Street Direction Suffix: E
  • State: FL
  • City: MADEIRA BEACH
Parking
  • Parking Features: 6 to 12 Spaces
Taxes and HOA Information
  • Tax Block: 0
  • Tax Book Number: 00
  • Tax Legal Description: Madeira Shores Sub Lot 23 Tr 54306
  • Tax Lot: 23
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Additional Water Information: Directly across the street from Madeira Beach. Walk less than 500 ft to the beach.
  • Lot Size Dimensions: 50x92
  • Parcel Number: 09-31-15-54306-000-0230
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: Beach, Gulf/Ocean
  • Water Access: Yes
  • Water Extras: No
  • Zoning: MULTI
  • Lot Dimensions: 50x92
Property and Assessments
  • Year Built Numeric: 1948
  • Flood Zone Code: AE
  • Net Operating Income: $22,240
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 15
  • Public Survey Section: 09
Utilities
  • Water Source: Well Required
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Foundation Details: Slab
  • Levels: One
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator
  • Cooling: Central Air
  • Flooring: Laminate
  • Living Area Units: Square Feet
  • Water View: No
Multi Family
Multi-Family Information
  • Annual Expenses: $0
  • Gross Scheduled Income: $266,880

Property History for 113 145th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 113 145th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$11,759 ($980 / month)
Home Facts
Baths6Total Finished SqFt1,560 SqFtAbove Grade Finished SqFt1,560 SqFtStories1Lot Size4,635 SqFtStyleQuadraplexYear Built1948Year Renovated2002CountyPINELLASAPN09-31-15-54306-000-0230

Schools near 113 145th Avenue

This home is within Pinellas.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Orange Grove Elementary School
PublicPK to 5

Seminole Middle School
Public6 to 8

Seminole High School
Public9 to 12

Madeira Beach Fundamental K-8
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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113 145th Avenue is a multi-family home for sale in Madeira Beach, FL 33708. This property was listed for sale on April 27, 2024 by KELLER WILLIAMS ON THE WATER S, it's currently listed at $2,950,000. It has been on the market for a total of 22 days and was last sold on June 28, 2023. This listing's school district is Pinellas. Nearby schools include Orange Grove Elementary School, Seminole Middle School and Seminole High School. 113 145th Avenue is a 0-bed, 0-bath, multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of KELLER WILLIAMS ON THE WATER S, Daniel Petrilla

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 04/29/2024 01:54 PM