NOT LISTED FOR SALE

133 140th Ave E Unit E AND W Madeira Beach, FL 33708

-- Bed
-- Bath
2,720 Sq Ft
5,253 Sq Ft Lot

Last Sold May 28, 2019

Last sale price $612,000 $225 Per Sq Ft

8 Days on Market

Highlights

  • 110 Feet of Waterfront
  • Access To Intracoastal Waterway
  • Full Bay or Harbor Views
  • Orange Grove Elementary School Rated A
  • Dock made with wood
  • 3-minute walk to Tom and Kitty Stuart Park

About This Home

As of May 2019

Awesome waterfront location on sailboat deep protected bayou with intracoastal water access to the Gulf of Mexico thru Johns Pass which is just minutes away. Rentals in this area have been extremely successful and these units are both three bedroom / two bath with porch and 2nd floor balcony overlooking the bayou and intracoastal waterway. Just down the street is the public beach access. Each unit is separately metered for utilities. With a little work this could be an investors dream or a homeowner with income to pay the expenses. The house has a large dock and currently earning income ($300 month) for dockage. The back yard and balcony are separated so that each tenant has their own privacy and space. This unit has plenty of off street parking for tenants.

Last Agent to Sell the Property

Jim Gail

J GAIL AND ASSOCIATES REALTY License #590298 Listed on: 03/25/2019

Last Buyer's Agent

Diane Venuti

CENTURY 21 RE CHAMPIONS License #3270849

CENTURY 21 RE CHAMPIONS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,820

Year Built

  • Built in 1973

Lot Details

  • 5,253 Sq Ft Lot
  • Lot Dimensions are 55x90
  • 110 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal

Parking

  • Open Parking

Home Design

  • Duplex
  • Bi-Level Home
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,720 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Full Bay or Harbor Views
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Outdoor Features

  • Access To Intracoastal Waterway
  • Sailboat Water Access
  • Access to Saltwater Canal
  • Seawall
  • Dock made with wood
  • Open Dock
  • Balcony
  • Deck
  • Covered Patio or Porch

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3,266 Sq Ft Building
  • Gulf Shores 3Rd Add Subdivision

Building Details

  • Gross Income $51,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,820

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 2720
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 3266
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 5253
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8039299&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8039299&cview=true&show_results=true&customer_portal=true
  • Unit Count: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95775
  • Price per Sq Ft: 225
  • Close to Original List Price Ratio: 0.95775
  • Ratio: Current Price\Building Area Total: 187.39
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Levels: Two
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Bay/Harbor - Partial
  • Water Access: Canal - Saltwater, Intracoastal Waterway
  • Water Extras: Dock - Open, Dock - Wood, 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: 110
  • Additional Water Information: Public beach access is available at the end of the street
  • Water Frontage Feet Bay Harbor: 55
  • Water Frontage Feet Canal Salt: 55

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None, Open
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: No
  • Association Fee Requirement: None

Lot Info

  • Parcel Number: 10-31-15-34362-014-0060
  • Additional Parcels: No
  • Lot Features: City Lot
  • Lot Dimensions: 55x90
  • Flood Zone Code: AE
  • Flood Zone Date: 2003-09-03
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished

Multi Family

  • Gross Income: 51600
  • Number Of Units Total: 2
  • Waterfront Features: Bay/Harbor, Canal - Saltwater

Tax Info

  • Tax Annual Amount: 7820
  • Tax Block: N
  • Tax Book Number: 21-32
  • Tax Lot: 6

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
05/28/2019 05/28/19 Sold $612,000 -4.2% $225 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
03/23/2019 03/23/19 For Sale $639,000 -- $235 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

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 $17,271 $850,000 $548,136 $301,864
2024 $17,271 $1,133,000 -- --
2023 $17,097 $1,100,000 $780,469 $319,531
2022 $12,331 $1,035,000 $720,654 $314,346
2021 $9,243 $540,000 $0 $0
2020 $9,584 $551,361 $0 $0
2019 $8,434 $480,489 $319,054 $161,435
2018 $7,820 $462,182 $0 $0
2017 $7,167 $410,475 $0 $0
2016 $5,967 $345,073 $0 $0
2015 $3,866 $257,974 $0 $0
2014 $3,178 $214,804 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8039299

Stellar MLS