$535,000
$549,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,092 SqFt
SOLD DATE : 04/02/2024
Key Details
Sold Price $535,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,092 sqft
Price per Sqft $489
Subdivision Gulf Shores 3Rd Add Rep
MLS Listing ID U8208902
Sold Date 04/02/24
Bedrooms 3
Construction Status Financing,Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1959
Annual Tax Amount $5,793
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 60x100
Property Description
Discover the perfect blend of beachside living and investment potential with this exceptional duplex, ideally situated just three blocks from the pristine shores of Madeira Beach. Live the dream of coastal living while earning rental income from this thoughtfully updated property. Both units have undergone a complete transformation, featuring brand-new kitchen cabinets, gleaming terrazzo, appliances, and fixtures. The South unit boasts a spacious 2-bedroom, 1-bath layout with abundant natural light, while the North unit offers a chic 1-bedroom, 1-bath configuration with a well-designed open floor plan. The property is not only aesthetically pleasing but also well-maintained, with a newer main roof (2018) and recently installed central AC units on both sides (2022). Also has a Homeguard Termite Warranty in place until June 21, 2024. Each unit includes its own laundry room, providing convenience and autonomy for residents. The exterior has been freshly painted in 2022, enhancing the property's curb appeal. The separate electric meters offer individual control over utility usage, with the owner covering water/sewer/trash (average $200/month) and lawn maintenance ($100/month). Embrace the flexibility of a 3-month minimum rental period, opening up numerous income-generating possibilities. The inviting front patio, recently tiled with a unique cement-look tile is the perfect spot for sipping morning coffee or winding down with friends. Madeira Beach, a vibrant coastal community, surrounds you with shopping, coffee shops, renowned restaurants, and entertainment options. Take in breathtaking sunsets from the rooftop at Caddy’s on the beach, explore historic John’s Pass Village Boardwalk, and indulge in watersports or boutique shopping. Madeira Beach R.O.C. Park offers sports facilities and year-round festivals along the waterfront. Seize this fantastic investment opportunity that seamlessly combines the allure of coastal living with the potential for significant returns
Location
State FL
County Pinellas
Community Gulf Shores 3Rd Add Rep
Interior
Interior Features Ceiling Fans(s)
Heating Central, Electric
Cooling Central Air
Flooring Terrazzo
Fireplace false
Laundry Laundry Room, Outside
Exterior
Exterior Feature Fence, Private Mailbox
Garage Driveway
Utilities Available BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Water Connected
Roof Type Membrane,Shingle
Garage false
Private Pool No
Building
Lot Description Flood Insurance Required, City Limits, Near Public Transit, Paved
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Construction Status Financing,Inspections
Schools
Elementary Schools Orange Grove Elementary-Pn
Middle Schools Seminole Middle-Pn
High Schools Seminole High-Pn
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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