Sheri Lasley Ruiz
13119 4th STREET E, Madeira Beach, FL, 33708
0 beds
1945
1,273 sqft
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!
Status:
Active
Type:
Multi-family
Laundry Remarks:
Laundry Closet, Outside
Units:
4
Subdivision:
PAGES REP OF MITCHELLS BEACH
Heating:
Wall Units / Window Unit
Cooling:
Wall/Window Unit(s)
Lot Size:
40 x 104
Acreage:
0.09
Est. Taxes:
$5,444
Construction
HardiPlank Type, Wood Frame
Utilities
Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
Lot Description:
Flood Insurance Required, FloodZone, Landscaped, Near Public Transit
Elementary School:
Orange Grove Elementary-PN
Middle School:
Seminole Middle-PN
High School:
Seminole High-PN
Days on Market:
202
Appliances:
Dryer, Range, Refrigerator, Washer
Lease Term Type:
12 Months
MLS #:
U8218713
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of GRACE REALTY & PROPERTY MGMT Phone: 800-497-4072