
117 140th Ave E Madeira Beach, FL 33708
Highlights
- 115 Feet of Waterfront
- Access To Intracoastal Waterway
- No HOA
- Orange Grove Elementary School Rated A
- Intracoastal View
- 2-minute walk to Tom and Kitty Stuart Park
About This Home
As of January 2025Great Investment Opportunity,. less than 1 block from the beach!!! Welcome to a rare income producing property located on the intracoastal waterway in beautiful Madeira Beach. This quadplex is a great opportunity for an investor or for someone looking to live on the water and make instant income. Occupy the unit of your choice and rent the others, or maximize your income by renting all four. Easy to rent long-term or seasonally, with a 3 month minimum rental. All unit is completely remodeled, including new stackable washer/dryer combos, elevated A/C units, water heaters, updated kitchens and bathrooms, new ceiling fans, and flooring. The two lower units did suffer flood damage and will need to be renovated. All 4 units are separately metered and tenants pay for electricity. The fishing pier was recently rebuilt. Step out of the newer hurricane impact sliding doors to view the beautiful intracoastal waterway or travel just 100 yards to sugar-sand of beautiful Madeira Beach. Conveniently located near restaurants, John's Pass Village and Boardwalk, Downtown Madeira Beach, Tom Stuart Causeway, and everything else the Gulf Beaches have to offer. Just 40 minutes' drive to Tampa International Airport and an easy drive to the Orlando theme parks. These units are a rare affordable rental on the beaches, making it easy to find tenants. Please do not walk the property or disturb the tenants without a confirmed appointment.
Last Agent to Sell the Property
ENGEL & VOLKERS MADEIRA BEACH Brokerage Phone: 727-394-7365 License #3006024 Listed on: 12/20/2024

Co-Listed By
ENGEL & VOLKERS MADEIRA BEACH Brokerage Phone: 727-394-7365 License #3351610
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,250
Year Built
- Built in 1971
Lot Details
- 5,271 Sq Ft Lot
- 115 Feet of Waterfront
- 58 Feet of Salt Water Canal Waterfront
- 57 Feet of Intracoastal Waterfront
- Property fronts an intracoastal waterway
- Property fronts a saltwater canal
Property Views
- Intracoastal
- Canal
Home Design
- Quadruplex
- Bi-Level Home
- Slab Foundation
- Built-Up Roof
- Block Exterior
Interior Spaces
- 2,806 Sq Ft Home
- Ceiling Fan
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Parking
- Parking Pad
- Driveway
Outdoor Features
- Access To Intracoastal Waterway
- Access to Saltwater Canal
- Seawall
- No Wake Zone
- Balcony
- Rear Porch
Schools
- Orange Grove Elementary School
- Seminole Middle School
- Seminole High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Visit Down Payment Resource Website
- Tenant pays for electricity
- Legal Lot and Block 3 / 014
- Assessor Parcel Number 10-31-15-34362-014-0030
Community Details
Overview
- No Home Owners Association
- 3,208 Sq Ft Building
- Gulf Shores 3Rd Add Rep Subdivision
Building Details
- 4 Separate Electric Meters
Similar Homes in Madeira Beach, FL
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
01/31/2025 01/31/25 | Sold | $934,000 | -1.7% | $333 / Sq Ft |
12/26/2024 12/26/24 | Pending | -- | -- | -- |
12/20/2024 12/20/24 | For Sale | $950,000 | -21.8% | $339 / Sq Ft |
09/02/2021 09/02/21 | Sold | $1,215,000 | -4.7% | $433 / Sq Ft |
06/19/2021 06/19/21 | Pending | -- | -- | -- |
05/25/2021 05/25/21 | Price Changed | $1,275,000 | -5.2% | $454 / Sq Ft |
04/30/2021 04/30/21 | Price Changed | $1,345,000 | -3.9% | $479 / Sq Ft |
04/22/2021 04/22/21 | For Sale | $1,399,999 | +95.8% | $499 / Sq Ft |
07/06/2018 07/06/18 | Sold | $715,000 | -10.5% | $255 / Sq Ft |
06/12/2018 06/12/18 | Pending | -- | -- | -- |
02/22/2018 02/22/18 | Price Changed | $799,000 | -6.0% | $285 / Sq Ft |
12/04/2017 12/04/17 | Price Changed | $849,900 | -5.6% | $303 / Sq Ft |
10/09/2017 10/09/17 | For Sale | $899,900 | -- | $321 / Sq Ft |
Tax History Compared to Growth
Agents Affiliated with this Home
-
Seller's Agent in 2025
Michael Wyckoff
ENGEL & VOLKERS MADEIRA BEACH
(727) 642-6621
31 in this area
153 Total Sales
-
Seller Co-Listing Agent in 2025
Ineta Kalnina
ENGEL & VOLKERS MADEIRA BEACH
(813) 900-8147
11 in this area
62 Total Sales
-
Buyer's Agent in 2025
Monika Krolivcova
FUTURE HOME REALTY INC
(321) 482-9617
1 in this area
44 Total Sales
-
J
Seller's Agent in 2021
Jill Gentile
FUTURE HOME REALTY INC
1 in this area
11 Total Sales
-
Buyer's Agent in 2021
Cynthia Ryan
FLORIDA PROPERTY INVESTMENT
(813) 447-8454
2 in this area
32 Total Sales
-
J
Buyer Co-Listing Agent in 2021
John Ryan
FLORIDA PROPERTY INVESTMENT
(813) 735-2419
2 in this area
19 Total Sales
Map
Source: Stellar MLS
MLS Number: TB8331177

- 13999 Gulf Blvd Unit 302
- 13999 Gulf Blvd Unit 406
- 40 140th Ave E
- 14001 Gulf Blvd Unit 407
- 13720 Gulf Blvd Unit 302
- 13720 Gulf Blvd Unit 305
- 14060 Miramar Ave
- 14048 Gulf Blvd Unit 302
- 14048 Gulf Blvd Unit 201
- 14048 Gulf Blvd Unit 401
- 14048 Gulf Blvd Unit 402
- 13707 Plymouth St
- 14146 Gulf Blvd Unit 3A
- 14146 Gulf Blvd Unit 4B
- 14150 N Bayshore Dr
- 325 140th Ave E Unit 16
- 14141 Gulf Blvd Unit 5
- 14147 Palm St
- 433 137th Avenue Cir
- 460 137th Avenue Cir