$1,215,000
SOLD SEP 2, 2021

117 140th Ave E Madeira Beach, FL 33708

-- Bed
-- Bath
2,806 Sq Ft
5,271 Sq Ft Lot

Recently Sold

$433 Per Sq Ft

13% Below List Price

58 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Access To Intracoastal Waterway
  • Intracoastal View
  • Orange Grove Elementary School Rated A
  • Dock made with wood
  • 2-minute walk to Tom and Kitty Stuart Park

About This Home

As of January 2025

Great Investment Opportunity!!! Welcome to a rare income producing property located on the intra-coastal waterways of Madeira Beach! This quadplex is turn key for any investor or for someone looking to live on the water and make instant income. Occupy the unit of your choice and let the tenants pay your mortgage. All 4 units are currently rented out with long term tenants but have the potential for 3 month minimum rentals. Each 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. All 4 units are separately metered and tenants pay for electricity. The fishing pier was recently rebuilt and could easily be permitted for two boat slips for additional potential income. Step out of the new hurricane impact sliding doors to view the beautiful intracoastal waterways or walk 322 feet across the street to beautiful Madeira Beach. Conveniently located next to coffee shops, restaurants, John's Pass, Tom Stuart Causeway, and just minutes from the 35 miles of powdery sand beaches. Do Not Disturb Tenants! All units will be available for inspection, once under contract.

Last Agent to Sell the Property

Jill Gentile

FUTURE HOME REALTY INC License #3411226 Listed on: 04/23/2021

Last Buyer's Agent

Cynthia Ryan

FLORIDA PROPERTY INVESTMENT License #599629

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,495

Year Built

  • Built in 1971

Lot Details

  • 5,271 Sq Ft Lot
  • 50 Feet of Waterfront
  • Property fronts an intracoastal waterway

Home Design

  • Quadruplex
  • Bi-Level Home
  • Slab Foundation
  • Built-Up Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,806 Sq Ft Home
  • Open Floorplan
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Intracoastal Views

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Freezer
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Terrazzo

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Parking

  • Parking Pad
  • Driveway

Outdoor Features

  • Access To Intracoastal Waterway
  • Sailboat Water Access
  • Fishing Pier
  • Property is near a marina
  • Seawall
  • Minimum Wake Zone
  • Dock made with wood
  • Balcony
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters
  • Rear Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • Property is near public transit
  • Property is near a golf course

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Gulf Shores 3Rd Add Rep Subdivision
  • Rental Restrictions

Building Details

  • Gross Income $78,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,495

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2806
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1971
  • Lot Size Sq Ft: 5271
  • Number Of Lots: 1
  • Directions to Property: Heading North on Gulf Blvd, take a right turn on 140th Ave E. Quadplex is the third building on the right.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8120397?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8120397?w=Customer
  • Unit Count: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95294
  • Price per Sq Ft: 433
  • Close to Original List Price Ratio: 0.86786
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Terrazzo
  • Interior Amenities: Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Thermostat, Window Treatments
  • Appliances Included: Convection Oven, Cooktop, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Levels: Two
  • Street Number Modifier: 117
  • Additional Rooms: Family Room
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Balcony, Lighting, Rain Gutters, Sidewalk, Sliding Doors, Storage
  • Roof: Built-Up
  • Pool Private: No
  • View: Water
  • Water Body Name: Boca Ciega Bay
  • Waterfront: Yes
  • Patio and Porch Features: Rear Porch
  • Road Surface Type: Asphalt, Paved
  • Water View: Intracoastal Waterway
  • Water Access: Intracoastal Waterway
  • Water Extras: Dock - Wood, Fishing Pier, Minimum Wake Zone, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12103C0191G
  • Waterfront Frontage: 50
  • Water Frontage Feet I C W: 50
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Parking Pad
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Sewer Connected, Street Lights, Telephone Nearby, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Fire Alarm, Security System, Security System Owned
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Parcel Number: 10-31-15-34362-014-0030
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, Near Golf Course, Near Marina, Near Public Transit
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-09-03

Rental Info

  • Minimum Lease: 3 Months
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes

Multi Family

  • Gross Income: 78000
  • Number Of Units Total: 4
  • Waterfront Features: Intracoastal Waterway

Tax Info

  • Tax Annual Amount: 10495
  • Tax Block: N
  • Tax Book Number: 21-32
  • Tax Lot: 3

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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
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
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Wyckoff

    Seller's Agent in 2025

    Michael Wyckoff

    ENGEL & VOLKERS MADEIRA BEACH

    (727) 642-6621

    31 in this area

    153 Total Sales

    Michael Wyckoff
    Section Image
  • Ineta Kalnina

    Seller Co-Listing Agent in 2025

    Ineta Kalnina

    ENGEL & VOLKERS MADEIRA BEACH

    (813) 900-8147

    11 in this area

    62 Total Sales

    Ineta Kalnina
    Section Image
  • Monika Krolivcova

    Buyer's Agent in 2025

    Monika Krolivcova

    FUTURE HOME REALTY INC

    (321) 482-9617

    1 in this area

    44 Total Sales

    Monika Krolivcova
    Section Image

  • J

    Seller's Agent in 2021

    Jill Gentile

    FUTURE HOME REALTY INC

    1 in this area

    11 Total Sales

    Jill Gentile
    Section Image
  • Cynthia Ryan

    Buyer's Agent in 2021

    Cynthia Ryan

    FLORIDA PROPERTY INVESTMENT

    (813) 447-8454

    2 in this area

    32 Total Sales

    Cynthia Ryan
    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    John Ryan

    FLORIDA PROPERTY INVESTMENT

    (813) 735-2419

    2 in this area

    19 Total Sales

    John Ryan
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: U8120397

Stellar MLS

Florida Pinellas County Madeira Beach 33708

117 140th Ave E, Madeira Beach, FL

This home is located at 117 140th Ave E, Madeira Beach, FL 33708 and is currently priced at $1,215,000, approximately $433 per square foot. This property was built in 1971. 117 140th Ave E 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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