This listing is NOT a foreclosure. Fantastic opportunity at Madiera Beach!!A transferable private appraisal has already been completed, perit applications have been submitted and are currently pending, and the property is not subject to the 50% rule-allowing it to be rebuilt and renovated with confidence. FEMA has also confirmed the property was not substantially damaged, and transferable flood insurance provides added peace of mind for the next owner.nnThis property is perfectly positioned for a smooth renovation and strong rental performance, with a full renovation crew on standby ready to begin once permits are issued. The duplex features a spacious 2-bedroom, 1-bath unit with potential rents exceeding $2,400 per month and a charming 1-bedroom, 1-bath unit with potential rents over $2,000 per month. Ample parking makes it ideal for either long-term rentals or short-term rentals (3-month minimum).nnLocated just steps from the beach and minutes to Madeira Beachs vibrant restaurants, shops, and attractions, this is a rare chance to secure a high-upside renovation project in one of Pinellas Countys most desirable coastal markets.This MLS Resale home is a multi family property loca
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ted in MADEIRA BEACH. It offers 0.08 acres in size, 3 beds and 2 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.
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Property Info
Property ID1071858520
Parcel Number09-31-15-60858-000-0980
CountyPinellas
Bedrooms3
Bathrooms2.0
Living Area (sqft)1,399
Price/sqft$321
Year Built01/01/1970
Property TypeMulti-family (5 or more units)
Lot Size0.08 acres
Stories1
Total Units2
HeatingFloor/Wall
CoolingYes
Roof TypeBuilt-up
Style25
Construction TypeMasonry
Exterior WallsConcrete Block
Legal DescriptionNORTH MADEIRA SHORES LOT 98
ZoningR-2
Property Brokerage:
SEA GLASS FLORIDA PROPERTIES