NOT LISTED FOR SALE

11 Lynn Way Madeira Beach, FL 33708

-- Bed
-- Bath
1,992 Sq Ft
0.27 Acres

Last Sold June 16, 2021

Last sale price $630,000 $316 Per Sq Ft

20 Days on Market

Highlights

  • No HOA
  • Family Room Off Kitchen
  • Mini Split Air Conditioners
  • Orange Grove Elementary School Rated A
  • Skylights
  • Ceramic Tile Flooring

About This Home

As of June 2021

SOLID INVESTMENT OPPORTUNTIY IN MADEIRA BEACH JUST A MINUTE OR TWO FROM THE GULF OF MEXICO! Come see this four unit - 1 bedroom/1 bathroom - property which has been a historically strong income producing investment in central Madeira Beach just minutes from the soft sands of the Gulf of Mexico. It can be used for mid-term or long-term rentals. All four units are in great shape and been well maintained and/or thoroughly renovated and tastefully updated since 2017 with new doors, concrete pads, kitchens, appliances, sinks and faucets, cabinets, countertops and mini-split air conditioning units (6). The electrical panels were also updated since construction!!! The building is comprised of cement block with new insulation installed this year. The backyard is expansive with plenty of room for storage. Each unit has its own private backyard space with access from the back of the unit. This property is perfect for investors looking for the stability of longer-term tenants or one that may want to keep a unit for a weekend get-away since the property is just two minutes from the sandy white Gulf Beaches and close to nearby restaurants and bars. Please review all photos and online documents before scheduling appointments and allow at least 24 hours for showings as the property is currently tenant-occupied. (Please do not disturb the tenants.) CALL FOR MORE INFORMATION & TO SCHEDULE YOUR SHOWING TODAY!!

Last Agent to Sell the Property

Dan Tumarkin

KELLER WILLIAMS REALTY PORTFOLIO COLLECTION License #3279551 Listed on: 05/20/2021

KELLER WILLIAMS REALTY PORTFOLIO COLLECTION

Last Buyer's Agent

Richard Hehl

REAL BROKER, LLC License #3000622

REAL BROKER, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,905

Year Built

  • Built in 1948

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 120x100
  • Fenced

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,992 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Family Room Off Kitchen
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave

Utilities

  • Mini Split Air Conditioners
  • Heating Available
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Exterior Lighting

Community Details

  • No Home Owners Association
  • 4 Units
  • Gulf Shores 6Th Add Rep Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,905

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1992
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1948
  • Lot Size Sq Ft: 11866
  • Directions to Property: Take Gulf Blvd (Madeira Beach) to 140th Ave. East on 140th Ave to Margarite Dr. Left on Margarite Dr to Lynn Way. The house is at the corner of Margarite Dr & Lynn Way. Park on the street.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8123016?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8123016?w=Customer
  • Unit Count: 1
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.008
  • Price per Sq Ft: 316.27
  • Close to Original List Price Ratio: 1.008
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Skylight(s)
  • Appliances Included: Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Street Number Modifier: 11
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Fenced, Lighting
  • Roof: Other, Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Additional Water Information: 1 Block from Intracoastal Waterway; 9 Blocks from Gulf of Mexico
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Sewer Connected, Sprinkler Recycled, Street Lights, Water Connected
  • Cooling: Mini-Split Unit(s)
  • Heating: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Parcel Number: 10-31-15-34452-231-0050
  • Additional Parcels: No
  • Lot Dimensions: 120x100
  • Flood Zone Code: AE

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 6905.46
  • Tax Block: W
  • Tax Book Number: 25-22
  • Tax Lot: 5

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $630,000 +0.8% $316 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $625,000 -- $314 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dan Tumarkin

    Seller's Agent in 2021

    Dan Tumarkin

    KELLER WILLIAMS REALTY PORTFOLIO COLLECTION

    (727) 495-6622

    1 in this area

    64 Total Sales

    Dan Tumarkin
    Section Image
  • Richard Hehl

    Buyer's Agent in 2021

    Richard Hehl

    REAL BROKER, LLC

    (727) 458-3463

    9 in this area

    153 Total Sales

    Richard Hehl
    Section Image

  • T

    Buyer Co-Listing Agent in 2021

    Tania Oliva

    COASTAL PROPERTIES GROUP

    2 in this area

    10 Total Sales

    Tania Oliva
    Section Image
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Map

Source: Stellar MLS

MLS Number: U8123016

Stellar MLS
Florida Pinellas County Madeira Beach 33708

11 Lynn Way, Madeira Beach, FL

This home is located at 11 Lynn Way, Madeira Beach, FL 33708 since 20 May 2021. This property was built in 1948. 11 Lynn Way is a home located in Pinellas County with nearby schools including Orange Grove Elementary School, Seminole Middle School, and Seminole High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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