13119 4th Street E Madeira Beach, FL 33708
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 100% 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!
- Property TypeMulti-Family
- NeighborhoodPages Rep of Mitchells Beach
- CountyPinellas
- Taxes$4,898
- HOA/Condo/Coop Fees$0
- Days on Site16 Days
- MLS StatusActive
- MLS ID NumberU8218713
- Home Size Source Public Records
- Year Built1945
- Lot Size0.09 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 13119 4th Street E Madeira Beach, FL 33708
2 weeks ago | |
2 weeks ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Construction Hardi Plank Type
- Sewer Public Sewer
- Acreage 0.09
- Water Public
- Property Sub Type Quadruplex
- Utilities Electricity ConnectedSewer ConnectedWater Connected
- Foundation Slab
- Ownership Fee Simple
- Parcel Number 15-31-15-65304-017-0030
Interior Features
- Cooling Wall/ Window Unit(s)
- Heating Wall Units / Window Unit
- Appliances DryerRangeRefrigeratorWasher
- Interior Open Floorplan
- Laundry Features Laundry ClosetOutside
- Fireplace No
Exterior Features
- Roof Shingle
- Waterfront Property No
- Exterior Lighting
- Lot Flood Insurance RequiredFlood ZoneLandscapedNear Public TransitPaved
- Other Structures Shed(s)
Community Features
- Township 31
- Senior Community No
- MLS Area 33708 - St Pete/Madeira Bch/N Redington Bch/Shores