4635 SQ FT

Year 1948

N/A ROOMS

0.1 ACRES

N/A BEDS

/ BATHS

N/A CAR(S)

A4708837

MADEIRA BEACH Property for Sale

113 145 AVENUE E, MADEIRA BEACH FL 33708

Virtually Staged. MADEIRA BEACH SIX-UNIT INCOME-PRODUCING PROPERTY — JUST TWO BLOCKS FROM THE BEACH! An exceptional opportunity to acquire a six-unit multifamily property in one of Madeira Beach's most desirable coastal locations. The property features a highly versatile mix of two one-bedroom units and four studio units, creating multiple avenues for rental income and long-term investment potential. Property is fully leased. The property currently generates significant income with low expenses and 6 CAP rate at list price. The combination of established income, incredible coastal location just two blocks from the beach, strong NOI, location, and six individual rental units provides an attractive foundation for both experienced multifamily investors and buyers looking to expand their income-producing portfolio. Unit sizes are approximately 700-800 square feet for the one-bedroom residences and approximately 550-650 square feet for the studios. Select units are fully furnished, providing additional flexibility for furnished, seasonal, or mid-term rental strategies where permitted. The efficient layouts and individual units provide the ability to manage and optimize rents on a unit-by-unit basis. Residents are within easy reach of the Gulf beaches, restaurants, shopping, entertainment, and the highly popular John's Pass Village & Boardwalk. The property's proximity to the beach and surrounding amenities provides strong rental appeal and supports continued demand from both local and seasonal tenants. The property presents an attractive combination of strong income, excellent location, good unit count, and future upside that is increasingly difficult to find in the Madeira Beach market. An excellent opportunity to acquire a coastal multifamily asset with current cash flow and the potential to further optimize rental performance. Buyer to independently verify all zoning, permitted uses, rental restrictions, licensing requirements, operating expenses, income, and other property information.

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Amenities & Features

Listing Details

Price

$1,800,000

Year Built

1948

SQ FT

4635

Levels

One

Lot Size

0.1 ACRES

Tax Key

093115543060000230

TaxYear

2025

Property Taxes

$9,332

Exclusions

N/A

Property Type

Multi Family (5+)

Zoning

MULTI

Property Status

Active

MLS#

A4708837

Interior Features

Included Appliances

Dishwasher

Microwave

Refrigerator

Interior Features

Exterior Features

Architectural Style

Construction Materials

Block

Lot Features

FloodZone, Sidewalk, Street Lights

Parking Features

Exterior Features

,,,,,,,,,,

Other Structures

,,,,,,,,,,

Waterfront Features

Heating & Cooling

Heating

Central

Cooling

Central Air

Utilities

BB/HS Internet Capable

Electricity Available

Water Connected

Water Source

Public

Data Source

Propert ID: A4708837
Source: Stellar MLS All Rights Reserved.

Photos, Videos & Tours

$1,800,000

113 145 Avenue E, Madeira Beach FL 33708

Listed by PREFERRED SHORE LLC

MADEIRA BEACH

About Madeira Beach

FOUNDER | CEO

Suzanne Powers

Naples Boutique Broker®

239.682.7476

suzanne@powersrealty.com

Powers Realty Group - Naples / Marco Island

780 Fifth Avenue South, Suite #200
Naples, FL 34102

Suzanne Powers

Request a Showing for

113 145 AVENUE E

$1,800,000

We would love to show you this beautiful property. Please select your preferred showing date and time below. An agent from Powers Realty will be in touch shortly to confirm your appointment.

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