14022 East Parsley Drive

Madeira Beach, FL 33708

$835,000
Price
93
Beds
1,516 Sq. Ft.
$551 / Sq. Ft.
1,516
Sq. Ft.
$551
per Sq. Ft.

Description

Here is a great opportunity to secure your next turnkey investment property minutes from the sugar sands of Madeira Beach! located just 5 minutes walking distance from Beach and near all shops, dinning, and venues Madeira beach has to offer. This Triplex underwent extensive renovations from 2021-2024 including a brand-new roof, plumbing including new clean outs for each unit, electrical panels, hurricane impact windows throughout, interior and exterior paint, landscape clean up to name a few of the...Here is a great opportunity to secure your next turnkey investment property minutes from the sugar sands of Madeira Beach! located just 5 minutes walking distance from Beach and near all shops, dinning, and venues Madeira beach has to offer. This Triplex underwent extensive renovations from 2021-2024 including a brand-new roof, plumbing including new clean outs for each unit, electrical panels, hurricane impact windows throughout, interior and exterior paint, landscape clean up to name a few of the major improvements. Inside each unit had all carpet/dated floors removed then leveled before designer porcelain/ ceramic wood plank tile was installed throughout, interior paint, baseboards, stainless steel appliances. The modern new kitchen features solid wood soft close cabinets, quartz countertops, and all new appliances including high efficiency washer and dryers in all units. Fully remodeled bathroom features polished porcelain tile, quartz vanity, with full size shower. each ensuite bedroom is large enough to fit a king size bed and features a spacious walk-in closet. All units are the same size, see attached floor plan. Step out back and enjoy your private back patio or take a quick stroll to the beach/shops/ and all the new restaurants/beach dining options within walking distance. 2/3 units are currently occupied by long term tenants allowing the new owner to live in one unit, lease out long term, or furnish and use the mid-term rental model to generate more income. This is a great asset to acquire and perform a cost-segregation and deprecation out to maximize tax benefits. Since all major improvements have been completed the new owner can focus on marketing/branding the property, while enjoying for personal use if desired. Shown by appointment only. Do not solicit or disturb tenants.

Property Details for 14022 East Parsley Drive

Subdivision Name
GULF SHORES 6TH ADD REP
Township
31
Waterfront
No
Furnished
Unfurnished

Location

Listing Courtesy of LPT REALTY, Ben Mitrano PA
Add your commute
LISTING UPDATED: 05/09/2024 06:50 AM

Property Details for 14022 East Parsley Drive

StatusActive
MLS #U8241958
Days on Market11
Taxes$8,980 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1948
Lot Size0.17 AC / 7,540 SF
CountyPinellas County

Location

Listing Courtesy of LPT REALTY, Ben Mitrano PA
Add your commute

Building Information for 14022 East Parsley Drive

Stories-Residences3Year Built1948Building Size-Lot Size0.17 AC / 7,540 SF

Payment Calculator

$5,305 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,557

Property Taxes

$748

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 14022 East Parsley Drive

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 1666.0
  • Building Area Units: Square Feet
  • Directions: From Gulf Blvd turn East onto 140th Ave and continue .5 miles to Parsley Dr then turn left and the triplex will be on the left.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 14022
  • Street Direction Prefix: E
  • Street Name: PARSLEY
  • Street Suffix: DRIVE
  • State: FL
  • City: MADEIRA BEACH
Parking
  • Available For Lease: Yes
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Tax Block: W
  • Tax Book Number: 25-22
  • Tax Legal Description: GULF SHORES 6TH ADD REPLAT BLK W 2, LOT 10
  • Tax Lot: 10
  • Tax Year: 2024
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 10-31-15-34452-232-0100
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: No
  • Water Extras: No
  • Living Area: 1516
Property and Assessments
  • Year Built Numeric: 1948
  • Flood Zone Code: AE
  • Flood Zone Date: 09-03-2003
  • Flood Zone Panel: 12103C0191G
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 15
  • Public Survey Section: 10
  • Dock YN: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Public
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Lighting
  • Foundation Details: Slab
  • Levels: One
  • Patio And Porch Features: Front Porch, Patio
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Security Features: Smoke Detector(s)
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 93
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Ceramic Tile, Porcelain Tile
  • Heating: Central
  • Interior Features: Ceiling Fans(s), Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Thermostat
  • Laundry Features: Inside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Double Pane Windows, Insulated Windows
Multi Family
Multi-Family Information
  • Annual Expenses: $16,560
  • Annual Net Income: $45,240.00
  • Est Annual Market Income: $70,000.00
  • Gross Income: $61,800
  • Unit Count: 3
Unit 1
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 1
  • Unit Type Description 1: vacant for showings
  • Unit Type Heated Sq Ft 1: 505
  • Unit Type Number Of Units Occupied 1: 0
  • Unit Type Pro Forma 1: 1825
  • Unit Type Type 1: 1 Bed/1 Bath
  • Unit Type Units Total 1: 30
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Number Of Units Occupied 2: 1
  • Unit Type Pro Forma 2: 1600
  • Unit Type Type 2: 1 Bed/1 Bath
  • Unit Type Units Total 2: 31
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 1
  • Unit Type Number Of Units Occupied 3: 1
  • Unit Type Pro Forma 3: 1750
  • Unit Type Type 3: 1 Bed/1 Bath
  • Unit Type Units Total 3: 32
Rental
Rental Information
  • Tenant Pays: Electricity
  • Total Actual Rent: $5,150
  • Minimum Lease Period: 0

Property History for 14022 East Parsley Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 14022 East Parsley Drive

Taxable ValueLand-Additions-Total-
Tax Record2023$9,354 ($780 / month)
Home Facts
Baths3Total Finished SqFt1,516 SqFtAbove Grade Finished SqFt1,516 SqFtStories1Lot Size7,540 SqFtStyleTriplexYear Built1948Year Renovated2007CountyPINELLASAPN10-31-15-34452-232-0100

Schools near 14022 East Parsley Drive

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

14022 East Parsley Drive is a multi-family home for sale in Madeira Beach, FL 33708. This property was listed for sale on May 6, 2024 by LPT REALTY, it's currently listed at $835,000. It has been on the market for a total of 11 days and was last sold on October 22, 2021. This listing's school district is Pinellas. Nearby schools include Orange Grove Elementary School, Seminole Middle School and Seminole High School. 14022 East Parsley Drive is a 93-bed, 0-bath, 1,516 sqft 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.

Listing Courtesy of LPT REALTY, Ben Mitrano PA

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: 05/09/2024 06:50 AM