13136 4th street e, madeira beach, FL 33708

This listing is NOT a foreclosure. Under contract-accepting backup offers. Great investment opportunity! This rare and exceptional 4-plex poperty sits on three contiguous lots totalling 104x120 square feet, making it one of the few parcels over 1/4 of an acre for sale from St Pete Beach to Clearwater Beach. Prime location in the highly desirable coastal market of Madeira Beach and only a few blocks from the Gulf of Mexico and Johns Pass Village & Boardwalk. a popular tourist destination with over 100 merchants, including unique boutiques and waterfront restaurants, and full-service marina. The property consists of four tropical-themed one-bedroom, one-bath cottages thoughtfully arranged around a spacious courtyard. Amenities include a gated in-ground swimming pool and spa, two grilling stations, and 4 dedicated storage sheds. The cottages have undergone full remediation and are delivered as a blank canvas, providing the new owner the opportunity to implement custom interior finishes or redevelop as single families or townhomes. The pool and spa have been drained, professionally restored, and are continuously operating. The property had been successfully used as a rental since 201...

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1, and it received a "not substantially damaged" determination from the City of Madeira Beach. This offering presents compelling value-add potential through continued rental operations or strategic repositioning and redevelopment to capitalize on the sites underlying land value and prime coastal location. This unique property wont last long!n***************************************************************************************************************nBuyer and Buyers agent are responsible for conducting their own due diligence with the City of Madeira Beach regarding zoning, permitted uses, and any development restrictions.This MLS Resale home is a multi family property located in MADEIRA BEACH. It offers 0.29 acres in size, 4 beds and 4 baths. Review its detailed information and determine if this MADEIRA BEACH MLS Resale has the qualities you are looking for.  

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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.