About 13119 4th Street E
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!
Residential Income home for sale in MADEIRA BEACH, FL at 13119 4th Street E. This Residential Income home is priced at $612/sqft
Features of 13119 4th Street E
| MLS® # | U8218713 |
|---|---|
| Price | $779,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,273 |
| Acres | 0.09 |
| Year Built | 1945 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information: Madeira Beach
| Address | 13119 4th Street E |
|---|---|
| Area | St Pete/Madeira Bch/N Redington Bch/Shores |
| Subdivision | PAGES REP OF MITCHELLS BEACH |
| City | MADEIRA BEACH |
| County | Pinellas |
| State | FL |
| Zip Code | 33708 |
Amenities of 13119 4th Street E
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior of 13119 4th Street E
| Interior Features | Open Floorplan |
|---|---|
| Appliances | Dryer, Range, Refrigerator, Washer |
| Heating | Wall Units / Window Unit |
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
Exterior of 13119 4th Street E
| Exterior Features | Lighting |
|---|---|
| Lot Description | Flood Insurance Required, FloodZone, Landscaped, Near Public Transit, Paved |
| Roof | Shingle |
| Foundation | Slab |
School Information
| Elementary | Orange Grove Elementary-PN |
|---|---|
| Middle | Seminole Middle-PN |
| High | Seminole High-PN |
Additional Information On 13119 4th Street E
| Date Listed | October 25th, 2023 |
|---|---|
| Days on Market | 198 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | GRACE REALTY & PROPERTY MGMT |
|---|