This Madeira Beach duplex offers a strong value-add opportunity in a high-demand coastal rental market with excellent pro-forma income potential. Each unit is a 1-bedroom, 1-bath layout, and based on recent area comparables, fully renovated units in this neighborhood can command approximately $1,800 a month per side. This positions the… Read More property for a projected gross annual income of roughly $43,000 after renovation. The structure is block-on-slab with a duplex configuration plus a detached garage that includes an additional bathroom, offering potential for added storage, workspace, or possible future income uses subject to zoning and permitting. The roofs are approximately nine years old and in good condition. The property experienced flooding during Hurricane Helene and has not been rebuilt since. This setup allows a new owner to complete improvements to their preferred standard and maximize rental income. Property is being sold as-is. Read Less
Courtesy of EASY HOME SALES 727-201-8964
Listing Snapshot
Days Online
1
Last Updated
Property Type
Duplex
Beds
2
Square Ft.
1,008
Lot Size
0.16 Acres
Year Built
1948
MLS Number
TB8450741
Additional Details
Property Access
Road Surface: Paved
Appliances & Equipment
Other equipment: Private Entrance
Building
Built in 1948, Living area: 1008, Living area units: Square Feet, Levels: One, Construction Materials: Block
Cooling
None
Exterior Features
Private Entrance
Foundation
Slab
Garage
1 space
Heating
None
Interior Features
Ninguno
Laundry
In Garage
Lot
0.16 acres, Dimensions: 79x85
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 10-31-15-34452-231-0070, Public Survey Range: 15, Public Survey Section: 10, Annual Amount: $7,717.58, Tax Block: W, Tax Book Number: 25-22, Legal Description: GULF SHORES 6TH ADD REPLAT BLK W 1, LOT 7, Lot: 7, Year: 2024
Utilities
Sewer Available, Water Available, Water Source: Public
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Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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