Address113 145 Avenue E, MADEIRA BEACH, FL, 33708

Price$2,950,000

  • Commercial Sale
  • Built in 1948

This immaculate 6-unit short term vacation rental property is located in beautiful Madeira Beach, FL approximately 500 feet from the nearest beach access and a short walk or drive to shopping, dining and entertainment. The site contains 6 fully furnished 1 bedroom, 1 bath single family units, as well as a large outdoor community space. There is a total of 2,445 sq ft of living space across 1 buildings that sit on a 0.11 acre parcel. This rental is currently operating as a successful vacation rental property. All of the units were renovated in 2021. Renovations include new roof, new bathrooms and kitchens as well as new décor. The property is currently booked 4 months in advance. This property is primed for a new owner who wants to take over a turnkey, highly profitable investment property. Madeira Beach stretches 2 miles along the Gulf of Mexico and is home to Pinellas County's #1 tourist attraction, John's Pass Village and Boardwalk, which offers shopping, dining, entertainment and night life. The St. Pete-Clearwater and Tampa International Airports are an approximate 30 minute drive and 45 minute drive respectively. Major thoroughfares provideguests direct access to other local, popular destinations such as Clearwater and downtown St. Petersburg. Madeira Beach has and will continue to benefit from the strong demand for hotels and vacation rentals in Pinellas County, which has experienced record-breaking numbers for occupancy and average daily rates over the first few months of the year. For Financials & Offering Memorandum, please message or e-mail the listing agent Daniel Petrilla, KW On The Water Sarasota.

Essential Information

  • MLS® #A4608806
  • Price$2,950,000
  • Bathrooms0.00
  • Acres0.10
  • Year Built1948
  • TypeCommercial Sale
  • Sub-TypeMulti-Family
  • StatusActive

Community Information

  • Address113 145 Avenue E
  • CityMADEIRA BEACH
  • CountyPinellas
  • StateFL
  • Zip Code33708

Area

St Pete/Madeira Bch/N Redington Bch/Shores

Appliances

Dishwasher, Dryer, Microwave, Refrigerator

Office

KELLER WILLIAMS ON THE WATER S

Amenities

  • ParkingParking Spaces - 6 to 12

Interior

  • CoolingCentral Air

Exterior

  • RoofShingle
  • FoundationSlab

Additional Information

  • Date ListedApril 27th, 2024
  • Days on Market23
  • ZoningMULTI

Listing Details

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