Price
$ 549,000
503 140TH AVENUE E, Madeira Beach, FL 33708  
  • 1,764 sqft

503 140TH AVENUE E, Madeira Beach, FL 33708  

Gateway to Crystal Island, 503 140th Ave E & 13995 Island Dr,, Madeira Beach. Fully rented Quadruplex just 5 short blocks to Toes in the Sand of The Gulf of Mexico or 5 blocks to Famous John's Pass Village & Boardwalk, 2 Buildings, 2 Lots, 2 Addresses, 2 Garages, 4 Electric Meters, 1 Water Meter all on 1 Property. Current Owner uses the garages herself and never raises the rent. Average annual monthly rent in Madeira Beach is $900/mo or $950/mo with a garage. If you have looked even these are very low rents in this market. At time of listing, non-waterfront lots in Madeira Beach are selling for $200,000. That gives you the 4 Plex on top of the land for for $149.000. Call for more information. Roofs are 2017 and 2018, ACs are 2017 and 2016. Each unit has a porch and there is a large back yard for BBQs or boat parking. Nicely appointed interiors with nothing to do but collect rent. Tenants are all month to month to keep your options open. Come live the laid back life style and join in the world class fishing tournaments of Madeira Beach or just put Money in your Pocket produced by these sought after Units. There is a waiting list of Tenants and they are beautifully maintained by The Owner. We are just waiting for you to pick up the phone

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  • Listing Type Multi-Family
  • Listing ID U8020711
  • House Size 1,764 sqft
  • Lot Size 97 x 100
  • Listing Status Active
  • Year Built 1945
  • County Pinellas
  • Subdivision Gulf Shores 5Th Add
  • Units 4
  • Garage 2.0
  • Zoning MULTI FAM
  • Taxes 2240.0
  • TaxYear 2017
Listing courtesy of RE/MAX METRO

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