$575,000

119 147th Ave E Madeira Beach, FL 33708

Estimated payment $3,461/month

Total Views 1,923
4 Beds
2 Baths
1,264 Sq Ft
$455 Price per Sq Ft

Highlights

  • No HOA
  • Terrazzo Flooring
  • Dogs and Cats Allowed
  • Orange Grove Elementary School Rated A
  • Ceiling Fan
  • Fenced

About This Home

One or more photo(s) has been virtually staged. Discover an exceptional investment opportunity in the heart of Madeira Beach. This EXTENSIVELY REMODELED CONCRETE BLOCK DUPLEX offers two - 2-bedroom, 1-bath units—each thoughtfully restored following the 2024 hurricanes with permits and inspections completed. Updates include restored TERRAZZO FLOORING (no carpet), drywall, baseboards, interior paint, lighting, new tankless water heater, new mini split systems, extra window units, and a 2021 ROOF. Both kitchens feature new cabinetry, tiled backsplash, stone countertops, recessed lighting, and new stain steel appliances—including a dishwasher, while the bathrooms have been refreshed with new vanities, new hardware, and tub/shower combo. Each unit includes its own PRIVATE FENCED BACKYARD separated for privacy—ideal for tenants or an owner occupant who wants to enjoy one side while renting the other. The duplex on the west side also has a STORAGE SHED. The front yard is beautifully manicured with SHELL ROCK AND ARTIFICIAL TURF, creating an attractive, LOW-MAINTENANCE coastal aesthetic. The exterior has been freshly painted and professionally landscaped, and the property offers FOUR OFF-STREET PARKING SPACES — a rare convenience in this area. Just moments from the Gulf’s white sand beaches and vibrant John’s Pass Village, residents can enjoy waterfront dining, boutique shopping, boating, fishing, and endless coastal recreation. Whether you're expanding your rental portfolio, seeking a strong income-producing asset, or looking for a personal beach retreat with supplemental income, this duplex delivers outstanding potential in one of Southwest Florida’s most desirable beach communities. Opportunities like this are rare—secure your slice of Madeira Beach today!

Listing Agent

Betsy Sheffield

PLUMLEE GULF BEACH REALTY Brokerage Phone: 727-595-7586 License #3168403 Listed on: 03/28/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,703

Year Built

  • Built in 1955

Lot Details

  • 3,001 Sq Ft Lot
  • Lot Dimensions are 50x60
  • Fenced

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,264 Sq Ft Home
  • Ceiling Fan
  • Terrazzo Flooring
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Orange Grove Elementary School
  • Seminole Middle School
  • Seminole High School

Utilities

  • Mini Split Air Conditioners
  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 1,292 Sq Ft Building
  • Sunny Shores Subdivision

Pet Policy

  • Dogs and Cats Allowed

Building Details

  • Gross Income $52,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,703

Year Built

Built in 1955

Lot Details

3,001 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 1264
  • Lot Size Acres: 0.07
  • New Construction: No
  • Year Built: 1955
  • Building Area Total: 1292
  • Lot Size Sq Ft: 3001
  • Status: Active
  • Street Post Direction: E
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 120.03
  • Escrow State: FL
  • RATIO Current Price By Calculate: 454.91
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 727-595-7586
  • Tax Year: 2025
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Living Area Meters: 117.43

Exterior Features

  • Exterior Features: Fence
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12103C0191H

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Water Connected
  • Cooling: Mini-Split Unit(s), Wall/Window Unit(s)
  • Heating: Other
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Buyer/Buyer's Agent confirm with municipality

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Orange Grove Elementary-PN
  • High School: Seminole High-PN
  • Middle Or Junior School: Seminole Middle-PN

Lot Info

  • Zoning: R-2
  • Parcel Number: 09-31-15-87048-000-0340
  • Additional Parcels: No
  • Lot Dimensions: 50x60
  • Property Attached Yn: No
  • Flood Zone Code: AE

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Total Actual Rent: 4400
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer/Buyer's Agent confirm with municipality

Multi Family

  • Gross Income: 52800
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 4703
  • Tax Block: 000
  • Tax Book Number: 24-15
  • Tax Lot: 34

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,842 $290,000 $250,478 $39,522
2024 $6,257 $490,000 $320,301 $169,699
2023 $6,257 $430,000 $336,525 $93,475
2022 $5,365 $330,000 $253,031 $76,969
2021 $3,539 $210,800 $0 $0
2020 $3,398 $212,012 $0 $0
2019 $3,038 $180,065 $132,125 $47,940
2018 $2,711 $164,874 $0 $0
2017 $2,437 $139,600 $0 $0
2016 $2,173 $125,139 $0 $0
2015 $1,992 $109,375 $0 $0
2014 $1,862 $102,924 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2026 03/28/26 For Sale $575,000 -- $455 / Sq Ft
Source: Stellar MLS

Source: Stellar MLS

MLS Number: TB8479352

Stellar MLS
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