117 140th Avenue East

Madeira Beach, FL 33708

$950,000
Price
6
Beds
4
Baths
2,806 Sq. Ft.
$339 / Sq. Ft.
2,806
Sq. Ft.
$339
per Sq. Ft.

Description

Great Investment Opportunity,. less than 1 block from the beach! Welcome to a rare income producing property located on the intracoastal waterway in beautiful Madeira Beach. This quadplex is a great opportunity for an investor or for someone looking to live on the water and make instant income. Occupy the unit of your choice and rent the others, or maximize your income by renting all four. Easy to rent long-term or seasonally, with a 3 month minimum rental. All unit is completely remodeled, including...Great Investment Opportunity,. less than 1 block from the beach! Welcome to a rare income producing property located on the intracoastal waterway in beautiful Madeira Beach. This quadplex is a great opportunity for an investor or for someone looking to live on the water and make instant income. Occupy the unit of your choice and rent the others, or maximize your income by renting all four. Easy to rent long-term or seasonally, with a 3 month minimum rental. All unit is completely remodeled, including new stackable washer/dryer combos, elevated A/C units, water heaters, updated kitchens and bathrooms, new ceiling fans, and flooring. The two lower units did suffer flood damage and will need to be renovated. All 4 units are separately metered and tenants pay for electricity. The fishing pier was recently rebuilt and the ability to add two boat slips is there, for additional potential income. Step out of the newer hurricane impact sliding doors to view the beautiful intracoastal waterway or travel just 100 yards to sugar-sand of beautiful Madeira Beach. Conveniently located near restaurants, John's Pass Village and Boardwalk, Downtown Madeira Beach, Tom Stuart Causeway, and everything else the Gulf Beaches have to offer. Just 40 minutes' drive to Tampa International Airport and an easy drive to the Orlando theme parks. These units are a rare affordable rental on the beaches, making it easy to find tenants. Please do not walk the property or disturb the tenants without a confirmed appointment.
  1. Listed by Michael Wyckoff • ENGEL & VOLKERS MADEIRA BEACH
    P: (727)-642-6621 C: (727)-642-6621 Michael.Wyckoff@evrealestate.com
  2. Listed by Ineta Kalnina • ENGEL & VOLKERS MADEIRA BEACH
    P: (813)-900-8147 C: (813)-900-8147 ineta.kalnina@evrealestate.com

Property Details for 117 140th Avenue East

Subdivision Name
GULF SHORES 3RD ADD REP
Township
31
View
Water
Waterfront
Yes
Water View
Canal, Intracoastal Waterway
LISTING UPDATED: 12/21/2024 06:52 AM

Property Details for 117 140th Avenue East

StatusActive
MLS #TB8331177
Days on Market1
Taxes$17,250 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1971
Lot Size0.12 AC / 5,271 SF
CountyPinellas County

Building Information for 117 140th Avenue East

Stories-Residences4Year Built1971Building Size-Lot Size0.12 AC / 5,271 SF

Property Information for 117 140th Avenue East

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 3208.0
  • Building Area Units: Square Feet
  • Directions: Going N on Gulf Blvd, right on 140th Ave E, Property will be on your right.
  • Elementary School: Orange Grove Elementary-PN
  • Middle Or Junior School: Seminole Middle-PN
  • High School: Seminole High-PN
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 117
  • Street Name: 140th
  • Street Suffix: AVENUE
  • Street Direction Suffix: E
  • State: FL
  • City: MADEIRA BEACH
Parking
  • Carport: No
  • Garage: No
  • Parking Features: Driveway, Parking Pad
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 014
  • Tax Book Number: 21-32
  • Tax Legal Description: GULF SHORES 3RD ADD REPLAT BLK N, LOT 3
  • Tax Lot: 3
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 103115343620140030
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 1
  • Water Access: Canal - Saltwater, Intracoastal Waterway
  • Water Access: Yes
  • Water Body Name: Boca Ciega Bay
  • Water Extras: No Wake Zone, Seawall - Concrete
  • Water Extras: Yes
  • Water: No Wake Zone, Seawall - Concrete
  • Living Area: 2806
Property and Assessments
  • Year Built Numeric: 1971
  • Flood Zone Code: AE
  • Flood Zone Date: 08-24-2021
  • Flood Zone Panel: 12103C0191H
  • New Construction: No
  • Public Survey Range: 15
  • Public Survey Section: 10
  • Dock YN: Yes
  • Dock Description: Dock - Open
  • Dock Dimensions: 12x12
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Water Source: Public
  • Num Electric Meters: 4.0
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Levels: Two
  • Patio And Porch Features: Rear Porch
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Built-Up
  • Waterfront Features: Canal - Saltwater, Intracoastal Waterway
  • Waterfront Feet Total: 115
Interior Features
  • Bedrooms Total: 6
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Central, Electric
  • Interior Features: Ceiling Fan(s)
  • Laundry Features: None
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: Yes
Multi Family
Multi-Family Information
  • Annual Net Income: $99,120.00
  • Unit Count: 2
Rental
Rental Information
  • Tenant Pays: Electricity
  • Total Actual Rent: $8,260

Property History for 117 140th Avenue East

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 117 140th Avenue East

Taxable ValueLand-Additions-Total-
Tax Record2023$17,250 ($1,438 / month)
Home Facts
Baths4Total Finished SqFt2,806 SqFtAbove Grade Finished SqFt2,806 SqFtStories2Lot Size5,271 SqFtStyleQuadraplexYear Built1971Year Renovated1998CountyPINELLASAPN10-31-15-34362-014-0030

Schools near 117 140th Avenue East

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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117 140th Avenue East is a multi-family home for sale in Madeira Beach, FL 33708. This property was listed for sale on December 20, 2024 by ENGEL & VOLKERS MADEIRA BEACH, it's currently listed at $950,000. It has been on the market for a total of 1 days and was last sold on September 2, 2021. This listing's school district is Pinellas. Nearby schools include Orange Grove Elementary School, Seminole Middle School and Seminole High School. 117 140th Avenue East is a 6-bed, 4-bath, 2,806 sqft multi-family home built in 1971.

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. Offers of compensation are subject to change at the discretion of the seller. 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 ENGEL & VOLKERS MADEIRA BEACH, Michael Wyckoff; ENGEL & VOLKERS MADEIRA BEACH, Ineta Kalnina

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: 12/21/2024 06:52 AM