Listing by: Daniel Petrilla, KELLER WILLIAMS ON THE WATER S, 610-772-5881

0 Beds

n/a Full bath

n/a SqFt

Active

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
Price $2,950,000
Lot Size 50 x 92
Lot Size Area 4635
Lot Size Area Units Square Feet
Acres 0.1
Property Type Commercial
MLS Sub type Multi Family
Year Built 1948
Roof Shingle
Foundation Slab
Parking Description 6 to 12 Spaces
Geographic Data
Directions /
County Pinellas
Latitude 27.798392
Longitude -82.796325
Market Area 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Address Information
Address 113 145 AVENUE E, MADEIRA BEACH, FL 33708
Postal Code 33708
City MADEIRA BEACH
State FL
Country United States
Listing Information
Listing Office KELLER WILLIAMS ON THE WATER S
Listing Office Phone 941-803-7522
Listing Agent Daniel Petrilla
Listing Agent Phone 610-772-5881
Buyer Agency Compensation 3%
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions None
Ownership Corporation
Virtual Tour URL https://www.propertypanorama.com/instaview/stellar/A4608806
MLS® Information
Days on market 2
MLS® Status Active
Listing Date Apr 27, 2024
Listing Last Modified Apr 29, 2024
Tax ID 093115543060000230
Tax Year 2023
Tax Annual Amount 13625
MLS® Area 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
MLS® # A4608806

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