
Property Attributes
- MLS#U8189403
- TypeSingle Family
- CountyPINELLAS
- CityMADEIRA BEACH
- AreaSt Pete-Madeira Bch-N Redington Bch-Shores
- NeighborhoodWilliamS Bill Madeira Harbor
- Zip33708
- StyleSingle Family Residence
- Year Built2023
- Taxes$ 22000
- Price$ 3,795,000
- Bedrooms9
- Full Bathrooms8
- Half Bathrooms1
- Sqr Footage4600
- Lot Size9,148 SqFt
Data Source:
Stellar MLS
Property Description
The Ultimate Investment Opportunity: Embracing Uncertainty with Wisdom In a world characterized by uncertainty, astute individuals like yourself seek to hedge their investments, seeking multiple layers of protection and income potential. This unique opportunity combines the best of all worlds, encompassing Location, Scarcity, Uniqueness, Income Potential, Appreciation, and Depreciation. Location: You'll be strategically positioned as the exclusive large accommodation provider in the vibrant Johns Pass Village/Gulf Beach area, drawing in a staggering 3.8 million annual visitors. Why? Because this locale offers an all-encompassing experience: over 100 shops, bars, restaurants, a Top 10 USA beach rated by TripAdvisor, thrilling activities like parasailing, pirate ships, shark boat tours, floating tiki bars, boat rentals, jet skis, fishing charters, and daily dolphin sightings! Income Potential: Third-party experts anticipate commanding $10,000 to $15,000 per week, translating to an impressive annual gross income of in the $500,000 ranger in the short-term rental market. This luxurious and distinctive 9-bedroom, 8.5-bath private residence, constructed from solid concrete, stands as a high and dry fortress. It boasts a private pool, hot tub, multiple decks, and available boat docks. As a single family home there are no HOA dues or restrictions. This exceptional location allows large families, groups, and close-knit families to create cherished memories together, eliminating the need for multiple hotel room rentals. Tax Advantages: With the potential for substantial tax benefits in the hundreds of thousands of dollars range in the first year, thanks to depreciation and a cost segregation analysis, your tax advisor will be able to guide you through this opportunity. Appreciation: Even employing the most conservative forecasts, you can anticipate six-figure appreciation on an annual basis. This unquestionably represents the ideal choice for discerning investors seeking to encompass the best attributes in their portfolio. And the best part? You can indulge in this exceptional opportunity yourself.
Elementary School | Middle School | High School |
---|---|---|
Orange Grove Elementary-PN | Seminole Middle-PN | Seminole High-PN |
Price History | |
---|---|
2/2/2023 | Listed $3,895,000 |
9/15/2023 | 3% - $3,795,000 |
General Features
Appliances | Built-In Oven, Cooktop, Dishwasher, Electric Water Heater, Microwave, Refrigerator |
---|---|
Association Y/N | No |
Builder Name | Beach Builders |
Carport Spaces | 3 |
Carport Y/N | Yes |
City | MADEIRA BEACH |
Construction Materials | Block, Concrete |
Cooling | Central Air |
County | Pinellas |
Days on Market | 253 |
Directions | Gulf Blvd, near John's Pass Village, turn onto 131st Ave East, then Right onto Pelican Lane and vacant lots are on the left side running along Jack's Boat Basin off of the Boca Ciega Intercoastal. |
Elementary School | Orange Grove Elementary-PN |
Exterior Features | Sliding Doors |
Facing Direction | West |
Garage Y/N | No |
Heating | Central, Electric |
High School | Seminole High-PN |
Interior Features | Ceiling Fans(s), Solid Surface Counters |
Lease Considered Y/N | Yes |
Levels | Three Or More |
Lot Size Square Feet | 9200 |
MLS Area | 33708 - St Pete/Madeira Bch/N Redington Bch/Shores |
Middle/Junior High School | Seminole Middle-PN |
New Construction | Yes |
Percent Ownership | Fee Simple |
Pets Allowed | Yes |
Pool Features | In Ground |
Property Attached Y/N | Yes |
Property Condition | Pre-Construction |
Property SubType | Single Family Residence |
Property Type | Residential |
Public Remarks | The Ultimate Investment Opportunity: Embracing Uncertainty with Wisdom In a world characterized by uncertainty, astute individuals like yourself seek to hedge their investments, seeking multiple layer |
Roof | Other |
Senior Community Y/N | No |
Sewer | Public Sewer |
Spa Features | In Ground |
Standard Status | Active |
Status | Active |
Street Name | PELICAN |
Subdivision Name | WILLIAM'S BILL MADEIRA HARBOR |
Tax Annual Amount | 22000 |
Tax Year | 2022 |
Utilities | Cable Available, Electricity Connected, Public, Sewer Connected, Water Connected |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/U8189403 |
Waterfront Features | Intracoastal Waterway |
Waterfront Y/N | Yes |
Year Built | 2023 |
Zoning | VACANT |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Fireplace Y/N | No |
Flooring | Ceramic Tile, Tile |
Full Baths | 8 |
Half Baths | 1 |
Heating Y/N | Yes |
Living Area Units | Square Feet |
Livingareasource | Builder |
Street Suffix | LANE |
Total Baths | 9 |
Total Bedrooms | 9 |
Total Stories | 4 |
Exterior Features
Building Area Total | 4600 |
---|---|
Covered Spaces | 3 |
Foundation Details | Slab |
Lot Dimensions | 80x115 |
Lot Size Acres | 0.21 |
Lot Size Units | Square Feet |
Open Parking Y/N | No |
Parking Features | Driveway, Electric Vehicle Charging Station(s), Ground Level, Tandem |
Road Surface Type | Paved |
Spa | Yes |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool