Seller Financing
Address
13207 3rd STREET E, MADEIRA BEACH, FL
Price
$ 1,050,000
Property Attributes
  • MLS#U8225132
  • TypePending
  • CountyPINELLAS
  • CityMADEIRA BEACH
  • AreaSt Pete-Madeira Bch-N Redington Bch-Shores
  • NeighborhoodPages Rep Of Mitchells Beach
  • Zip33708
  • StyleMulti Family
  • Year Built1958
  • Taxes$ 9022
  • Price$ 1,050,000
  • Bedrooms0
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage1890
  • Lot Size8,276 SqFt
Data Source:
Stellar MLS
Property Description

Under contract-accepting backup offers. SUBJECT TO/CREATIVE FINANCING! Amazing 6-unit FULLY FURNISHED multifamily property in the heart of Madeira Beach. Incredible opportunity for a 1031 exchange. Situated on a DOUBLE lot with endless possibilities for adding amenities, boat parking, a pool, fire pit, beach volleyball court, amenities, and so much more. One lot consists of 6 separately metered studios and the other lot is vacant land. This is the crown jewel of any multifamily portfolio with lots of ways to add value to this already stunning property. Ability to take out the water toys on the intercostal as well as mere steps away from the sugar sand Madeira Beach and John’s Pass Village. Call today and don’t miss out on this amazing investment! Will generate income of around $144,000 per year as a seasonal rental or $126,000 per year as an annual rental. Also, owner financing available with a minimum of a $400k down payment. Please see the attached financials and creative financing options!

Price History
4/2/2024 Listed $1,050,000

General Features

Interior Features Open Floorplan,Vaulted Ceiling(s),Window Treatments
Sewer Public Sewer
Heating Wall Units / Window Unit
Cooling Mini-Split Unit(s),Wall/Window Unit(s)
Utilities Cable Available,Cable Connected,Electricity Available,Electricity Connected,Public,Sewer Available,Sewer Connected,Water Available,Water Connected
Roof Shingle
Appliances Cooktop,Dishwasher,Microwave,Range,Refrigerator
Exterior Features Awning(s),Lighting
Patio/Porch Features Covered
Construction Materials Wood Frame
Year Built 1958
Levels One
Property SubType Multi Family
Tax Year 2022
Percent Ownership Fee Simple
County Pinellas
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name PAGES REP OF MITCHELLS BEACH
Garage Y/N No
Other Structures Shed(s),Storage
Status Pending
Directions From Treasure Island Causeway,turn right on Gulf Blvd,turn right on 133rd Ave E,turn right on 3rd St E and house is on the left.
City MADEIRA BEACH
Buyer Agent Compensation 3%-$395
Senior Community Y/N No
Total Units 6
MLS Area 33708 - St Pete/Madeira Bch/N Redington Bch/Shores
Lot Size Square Feet 8124
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name 3rd
Listing Terms Assumable,Owner May Carry,Private Financing Available
Tax Annual Amount 9022.7
Public Remarks Under contract-accepting backup offers. SUBJECT TO/CREATIVE FINANCING! Amazing 6-unit FULLY FURNISHED multifamily property in the heart of Madeira Beach. Incredible opportunity for a 1031 exchange. S
Ok to Lease >6 Months
Virtual Tour https://www.propertypanorama.com/instaview/stellar/U8225132
Days on Market 114
Standard Status Pending
Tax Lot 2
Legal Description PAGE'S REPLAT OF MITCHELL'S BEACH BLK J,LOTS 2 AND 3
Water Access Y/N No
Water View Y/N No

Interior Features

Flooring Vinyl
Furnished Y/N Turnkey
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix STREET
Laundry Features None
LivingAreaSource Public Records
Total Baths 6
Living Area Units Square Feet

Exterior Features

Lot Features FloodZone,Irregular Lot,Level,Near Marina,Oversized Lot
Water Source Public
Lot Size Area 8124
Foundation Details Crawlspace
Number of Buildings 1
Building Area Total 2330
Lot Dimensions 80 x 104
Lot Size Acres 0.19
Road Surface Type Asphalt
Lot Size Units Square Feet

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

Property vs Pending Average in 33708

Price
AVG $800K
$1.05M
Taxes
AVG $6,852
$9,022
Visits
AVG 630
214
Data Provided by Inside Real Estate®
Year Built
AVG 1979
1958